Contact:
Soo Chung Patterson
408-955-7783
soo@televideo.com
TeleVideo Awarded Government GSA Contract
Windows-Based Thin Client Solutions Made Available to Federal Agencies Under GSA Contract No. GS-35F-0281M
San Jose, CA - March 15, 2002 - TeleVideo, Inc. (OTC BB:TELV) a leading manufacturer of Thin Client hardware and software solutions, today announced it was awarded a five-year contract to market its products to the U.S. Federal Government.
Under the General Services Administration's IT Multiple Award Schedule, TeleVideo and it's authorized channel partners can market the full line of Windows-Based Thin Client and Text Terminal products to all 162 U.S. Federal agencies. Procurement professionals from agencies such as the Veteran's Administration can now purchase TeleVideo products under GSA contract number GS-35F-0281M. TeleVideo will be included in the GSA Advantage! website where procurement agents can login, locate and purchase products.
TeleVideo's TeleCLIENT family of Thin Client computing products allows IT Administrators to distribute to end-users desktop computing terminals that are secure and easy to manage from a server. By deploying Thin Clients, Federal agencies can lower ownership costs and increase return on investment since Thin Clients do not have moving parts that can wear out like traditional PCs. Thin Clients are also more secure since they do not have storage devices to introduce viruses or steal sensitive data.
"We are very pleased to be awarded this GSA contract since it will give us the opportunity to offer Federal agencies with quality Thin Client solutions. Our Thin Clients can help reduce IT costs while providing added security features such as biometrics and centralized management," said Dr. K. Philip Hwang, Chairman and CEO.
Please visit us at FOSE 2002 in Washington D.C. on March 19th - 21st in the Washington D.C. Convention Center, booth #1263.
About TeleVideo
A leader in network computing since 1975, TeleVideo (OTC BB: TELV) is developing and introducing the next generation in Windows-Based Terminals. TeleVideo's TeleCLIENT family of all-in-one LCD Thin Clients, stand-alone Thin Clients and TeleMANAGER Remote Management Software, enables IT professionals to reduce costs by remotely delivering and managing business critical applications to many environments such as hospitality, healthcare, financial, education and point-of-sale. TeleVideo is empowering these environments to put in place Thin Client solutions to reduce total cost of ownership and enhance return on investment through labor and energy saving technologies. For more information on TeleVideo Thin Client solutions, please call us at 408.954.8333 or visit us at www.televideo.com.
All company and product names mentioned may be trademarks or registered trademarks of their respective holders and are used for identification purposes only. The matters discussed in this news release include forward-looking statements that are subject to risks and uncertainties that may cause actual results to vary significantly. These risks include market and competitive factors, and other risks described in the Company's registration statement dated March 7, 2000 and other periodic reports filed with the Securities and Exchange Commission. The Company assumes no obligation to update the information in this release. Reference to the Company's website above does not constitute incorporation of any of the information thereon into this press release.
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