Telanetix Inc. News

Telanetix Hires Leading Telepresence Industry Executive

BELLEVUE, Wash., July 24 PRNewswire-FirstCall — Telanetix Inc. (OTC BB: TNXI), a leading IP solutions provider offering telepresence and VoIP services to business markets, today announced that Mr. J.D. Vaughn, a senior telepresence industry executive, has joined the company as Vice President of Worldwide Telepresence Sales.

Prior to joining Telanetix, J.D. served in leadership roles at companies including Accord Networks, focusing on distribution and sales. At Accord, he built sales from startup to $60 MM in 28 months, leading to an IPO and eventual acquisition by Polycom. At Polycom J.D. served as vice president of sales for The Americas, and led the vertical business solutions applications sales initiatives and was responsible for $180 MM in revenue. Prior to joining Accord Networks J.D. held a number of senior sales executive positions with AT&T, PictureTel, and Genesis Electronics.

"I believe we have a superior telepresence product and opportunity in the market; we need the right distribution structure to take advantage of this superiority," said Doug Johnson, CEO of Telanetix. "Robert Leggio, the General Manager of our Telepresence Business Unit, and I searched for the right candidate, and J.D. Vaughan is just that. He has a track record of success in relevant products and companies, and will help us take our growth to the next level."

"I am already identifying new opportunities with the Telanetix team," noted J.D. Vaughn. "The business marketplace has a strong need for the differentiated, feature-rich yet cost effective solution that the Telanetix Digital Presence(TM) Solution can provide. We are building upon the company's success in this growing segment of the business communications marketplace."

Telanetix offers its telepresence service to businesses in a variety of customizable formats, all of which deliver a superior value. For further information, contact Jeff Salzwedel with Salzwedel Financial Services at (503) 722-7300, jeff@sfcinc.com.

About Telanetix, Inc.

Telanetix is a leading communications solutions provider offering telepresence and voice over IP (VoIP) services to all business market segments. Telanetix solutions meet the real-world communications demands of its customers with an industry-leading value proposition. The company's telepresence offering, called Digital Presence(TM), creates fully immersive and interactive meeting environments that incorporate voice, video and data from multiple locations into a single environment. The company's Voice offerings, marketing under the "AccessLine" brand, give companies flexible calling solutions, a simpler installation experience, and a greater range of support options than traditional telecom providers. Additional information may be found at the Telanetix corporate website, www.telanetix.com

Certain statements contained in this press release are "forward-looking statements" within the meaning of applicable federal securities laws, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by the company with the Securities and Exchange Commission. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The companies undertake no obligation to publicly release statements made to reflect events or circumstances after the date hereof.

SOURCE Telanetix Inc.

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