Polycom Announces Soundstation Premier Interoperable With Nortel Networks Meridian 1 Pbx

March 26, 2002

MILPITAS, Calif., March 25, 2002 — Polycom®, Inc. (NASDAQ: PLCM), a worldwide

leader in the convergence of interactive voice, video and data communications,

today announced the newest members of its industry-leading SoundStation®

voice communications family, the SoundStation Premier® 500D and the SoundStation

Premier 550D. Both products have a licensed Time Compression Multiplexing (TCM)

interface enabling direct-wall connectivity to any Meridian 1 PBX from Nortel

Networks, providing customers with simple digital connectivity for full-duplex,

two-way communications, as well as connectivity for multipoint voiceconferencing

capability through the Meridian 1.

The SoundStation Premier 500D is the non-expandable base model, while the 550D

features connections for two additional microphones for extended room coverage.

These SoundStation products are the first in the industry to enable companies

to connect a voice conferencing phone right out of the box to the digital wall

jack of their Nortel Networks Meridian 1. This eliminates the expense and hassle

of using additional connectors, adapters and analog line cards. It also adds

convenience and can reduce multi-line conference call costs by supporting Meridian’s

multipoint conferencing features, connecting up to six locations. In order to

develop these new products, Polycom obtained a license from Nortel Networks

to utilize Nortel Networks TCM interface technology and associated intellectual

property rights.

“As a result of the Nortel Networks TCM interface license, Polycom’s

new SoundStation products, renowned for their full-duplex sound clarity, will

give our customers expanded phone set options, with phones that are better able

to integrate with the Meridian desktop feature sets and, as such, provide more

value to end users than standard analog phones. This expanded choice provides

further enhancement to the rich, high-quality feature set that has made Meridian

a leader in PBXs and IP-enabled solutions in North America,” said Alex

Pierson, general manager, Enterprise Business Networks, Nortel Networks.

“Polycom is committed to meeting the needs of its customers through enhancements

to our SoundStation product line,” said Sunil Bhalla, senior vice president

and general manager of voice communications at Polycom. “By having obtained

the right to use Nortel Networks TCM interface with our SoundStation Premier

phones, we’re able to provide the level of connectivity our customers require

through our high-quality and easy-to-use SoundStation Premier 500D and 550D

solutions.”

Along with new connectivity and enhanced convenience and ease of use, the SoundStation

Premier 500D and 550D offer all of the functionality of the world’s best-selling

conference phone.

Availability

The SoundStation Premier 500D and 550D products are available now in North America

for Nortel Networks Meridian, Meridian 1, Meridian SL-1* and SL-100 PBXs, and

starting at a manufacturers’ suggested resale price (MSRP) of U.S. $1099.

About Polycom’s SoundStation Premier

Polycom’s SoundStation voice communications products are high-quality,

full-duplex, easy-to-use conference phones. The product line includes the SoundStation,

SoundStation Premier, SoundStation Premier 550D and 500D for the Nortel Meridian

PBX, SoundStation Premier for the Avaya DEFINITY Server, VoiceStation™

and SoundPoint Pro™. The product family features Polycom’s patented

Acoustic Clarity Technology™ and proprietary speaker technology, both of

which minimize background echoes, word clipping and distortion. The SoundStation

product line is the leader in the tabletop voiceconferencing industry, offering

a full range of high-quality communications solutions for small offices to executive

offices, and small conference rooms to large boardrooms.

About Polycom

Polycom, Inc. develops, manufactures and markets a full range of high-quality,

easy-to-use and affordable voice and video communication endpoints, video management

software, web collaboration software, multi-network gateways, and multi-point

conferencing and network access solutions. Its fully integrated end-to-end solution,

The Polycom Office™, is supported by the Polycom Accelerated Communications

Architecture, and enables business users to immediately realize the benefits

of integrated video, voice, data and web collaboration over rapidly growing

converged networks. For additional information, call 1-800-POLYCOM (765-9266)

or +1-408-526-9000, or visit the Polycom web site at www.polycom.com.

Polycom, the Polycom logo and SoundStation Premier are registered trademarks

and VoiceStation, SoundPoint Pro and Acoustic Clarity Technology are trademarks

of Polycom in the U.S. and various countries. ©2002, Polycom, Inc. All

rights reserved. Nortel Networks, Meridian, Meridian 1 and Meridian S-L1 are

trademarks of Nortel Networks.

This release contains forward-looking statements. These statements are subject

to many risks and uncertainties, including the potential fluctuations in results

and future growth rates, the market acceptance of the company’s products, possible

delays in the development and shipment of new products and risks associated

with changes in general economic conditions. Further risks are detailed from

time to time in Polycom’s SEC reports, including the Form 10-K, for 2001, and

subsequent Form 10-Q filings.