San Jose, California-based Compression Labs Inc says its videoconferencing kit is being used by Visa International for its eight site international videoconferencing network, to be used by Visa personnel for project management, training classes and committee meetings. The value of the contract is estimated at $750,000 and Visa has committed to buy 13 of Compression’s Rembrandt II/06 video coder-decoders for video signal compression. The first systems are to be installed in Visa locations in Belmont, California; McLean, Virginia; Miami; London; Tokyo; Toronto; and in two sites at the company’s headquarters in San Mateo, California. The videoconferencing data will be transmitted over Visa’s private Advanced Network. Visa is also to install an eight-port Compression Labs Multipoint Control Unit to enable up to eight sites to videoconference simultaneously. And Compression Labs will integrate the Rembrandt II/06 codecs with its Gallery videoconferencing room systems in each of the US locations.
