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PGi Receives Frost & Sullivan’s 2011 Product Line Strategy Award

Stocks in this article: PGI

PGi (NYSE: PGI), a global leader in virtual meetings for 20 years, received Frost & Sullivan’s 2011 Product Line Strategy Award in CSP (Conferencing Service Provider) Videoconferencing Services. This prestigious award recognizes PGi’s accomplishments in delivering industry-leading products and solutions that advance videoconferencing software as a service. Frost & Sullivan selected PGi as a leader in the video conferencing market based on: the breadth of its product line and markets served; PGi’s market share and addressable customer base; and the impact its product strategy has on providing customer value.

Frost & Sullivan concluded that the quality of experience delivered by PGi’s innovative iMeet® video conferencing solution and GlobalMeet® web conferencing solution is a superior differentiator for mid- to enterprise-level companies, as the market continues to transition from on-premise to cloud-based virtual collaboration solutions.

“We are thrilled and honored that Frost & Sullivan recognized PGi for creating cloud-based virtual meeting solutions that are simple, personal and mobile, and that deliver superior value to enterprise customers of all sizes,” said Boland T. Jones, PGi founder, chairman and CEO. “PGi believes that meetings matter, and we are committed to providing innovative, highly usable virtual meeting solutions that let people meet in simpler, more human ways – wherever they are in the world.”

Frost & Sullivan Principal Analyst, Ronald Gruia, explained, “Early results validate PGi’s approach to broaden its portfolio with cloud-based solutions delivering audio/video conferencing and web collaboration, positioning PGi among industry leaders to be reckoned with. The simple and intuitive web-based video conferencing is a key differentiator that makes iMeet stand out in the marketplace.”

Frost & Sullivan has more than 50 years of experience as a global research organization of approximately 1,600 analysts, consultants and supportive staff who monitor more than 300 industries and 250,000 companies. The company’s research philosophy originates with the CEO’s 360-Degree Perspective™, which serves as the foundation of its TEAM Research™ methodology. This unique approach enables Frost & Sullivan to determine how best-in-class companies worldwide manage growth, innovation and leadership.

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