Modern HighTech and WebEx Team to Offer Web Communications Services in Korea
SAN JOSE, Calif. and SEOUL, Korea, March 18, 2004 Modern HighTech, a leading Korean supplier of technology services and software, and WebEx Communications, the web communications services leader, have teamed to bring web communications services to the Korean market. WebEx online meetings help companies increase sales, decrease training cost, improve customer satisfaction and expand marketing programs.
The high penetration of broadband throughout Korea makes it perfect for WebEx meetings, said M.J. Kim, president of Modern HighTech. WebEx allows Korean companies to cost-effectively improve communications with customers and partners around the world. Weve already signed several major Korean companies as WebEx customers including Samsung Heavy Industry and DHL Korea.
For more information about WebEx service in Korea, go to http://www.okmodern.com
"Modern HighTech is a market leader because it is quick to identify and integrate the services that Korean companies need to succeed in this highly competitive marketplace, Jeff Schmidt, vice president of Asia Pacific at WebEx. The Korean market has become increasingly important, and by working with Modern HighTech, WebEx believes it can address the growing web communications needs of Korean businesses."
WebEx manages a global network over which it delivers a range of web communications services including services for web conferencing, web-based support, remote training and online events. WebEx provides its services to corporations, technology companies and telecommunication providers worldwide. All of WebExs services are built on the MediaTone communications platform and delivered through the WebEx MediaTone Network, the only global network specifically designed for high-speed web communications.
About Modern HighTech Inc.
Modern HighTech Inc. is one of Koreas leading providers of technology services and software and is contributing to the technological evolution and international competitiveness of Korea. Modern HighTech is constantly investing in marketing and technical development efforts to continue growing its solid customer base of enterprises, laboratories and educational institutions throughout Korea. Through its relationship with WebEx Communications, Modern HighTech will provide enhanced web communications to the Korean market. Modern HighTech is based in Seoul, South Korea.
About WebEx Communications, Inc.
WebEx Communications, Inc. is the world's leading provider of web communications services. WebEx services are used across the enterprise in sales, support, training, marketing, engineering and product design. WebEx provides carrier-class services using its MediaTone communications platform deployed over the WebEx MediaTone Network, a high-speed global network for real-time web communications. With its unique information-switching technology, multimedia capabilities and standards-based APIs, MediaTone is the "dial tone" for Web communications. WebEx Communications is based in San Jose, California and has regional headquarters in Europe and Asia. Please call toll free (877) 509-3239 or visit www.webex.com for more information.
Journalists should contact Colin Smith at Antenna Group (415) 977-1912 or colin@antennagroup.com.
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This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by use of the terms anticipates, believes, continue, could, estimates, expects, intends, may, plans, potential, predicts, should or will, or the negative of those terms or similar expressions. These forward-looking statements are subject to significant risks and uncertainties. Actual results may differ materially from those described in such statements as a result of these risks and uncertainties. In particular, these forward looking statements include, but are not limited to, the statement that WebEx online meetings help companies increase sales, decrease training cost, improve customer satisfaction and expand marketing programs. Factors which could contribute to risks and uncertainties include, but are not limited to, the failure of customers to utilize WebEx services effectively in their business or to reduce their other expenses. A fuller discussion of the risks and uncertainties that could affect WebEx Communications, Inc. are more fully set forth in WebEx Communications, Inc.s filings with the Securities and Exchange Commission (SEC), including WebExs Form 10-K filed with the SEC on March 12, 2004 and Form 10-Q, filed with the SEC on November 14, 2003. WebEx Communications, Inc. assumes no obligation to update forward-looking information contained in this press release.
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