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Share Name | Share Symbol | Market | Type |
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Oblong Inc | AMEX:OBLG | AMEX | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 5.33 | 0 | 00:00:00 |
Oblong, Inc. (NYSE American: OBLG) ("Oblong" or the "Company"), the award-winning maker of multi-stream collaboration solutions, announced today that its Mezzanine™ multi-stream collaboration solution has been selected by a leading big-box retailer to transform the retailer’s corporate meeting spaces, ensuring new engaging experiences and effective team collaboration at company headquarters while maintaining social distancing guidelines.
The Mezzanine™ technology platform enables team members to work together in-person and remotely, in newly configured Cisco video conferencing rooms, in a safe and engaging manner. Using Mezzanine™, each team member can safely distance while sharing multiple streams of digital content interacting through their personal devices. The result is a fully immersive collaboration session while maintaining recommended social distancing guidelines.
This Mezzanine™ deployment is being implemented as part of a broader collaboration strategy led by Cisco’s ‘Workplace of the Future’ initiative. Users can ideate and collaborate using Webex Teams, Webex Boards and Webex Room devices in conjunction with Mezzanine™ regardless if they are in the room or working from home. This initial deployment is slated for 10 “Ideation” rooms with the opportunity to quickly scale Mezzanine™ to an additional 90 Cisco-powered conference rooms in the future at the company’s offices.
“Oblong is thrilled to be part of one of the country’s preeminent retailers’ return to the office strategy as the world continues to deal with a global pandemic,” says Peter Holst, Oblong’s Chief Executive Officer. “As office environments evolve to new safety standards and digital capabilities, the draw to socialize, learn and collaborate with colleagues in-person will follow suit. In partnership with Cisco, Mezzanine users get to experience best-in-class collaboration while maintaining safe social distancing practices. The announcement today exemplifies a Mezzanine™ use case in a single regional location with hundreds of collaboration rooms that now require social distancing among local employees in separate offices, while offering a new and more engaging way to work.”
“Oblong’s technologies are part of a broader ecosystem of next generation collaboration services that can deliver more engaging and interactive experiences as companies plan for their return to office environments,” added Holst. “As global enterprises reconfigure their real estate assets, Mezzanine™ is becoming a must-have solution for immersive collaboration.”
About Oblong, Inc.
Oblong’s innovative and patented technologies change the way people work, create, and communicate. Oblong's flagship product Mezzanine™ is a remote meeting technology platform that offers simultaneous content sharing to achieve situational awareness for both in-room and remote collaborators. Oblong supplies Mezzanine™ systems to Fortune 500 enterprise customers and is a Cisco Solutions Plus integration partner. Learn more at www.oblong.com.
About Cisco
Cisco (Nasdaq: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams for a global and inclusive future. Discover more at newsroom.cisco.com and follow us on Twitter at @Cisco.
Forward looking and cautionary statements
This press release and any oral statements made regarding the subject of this release contain forward-looking statements as defined under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, that address activities that Oblong assumes, plans, expects, believes, intends, projects, estimates or anticipates (and other similar expressions) will, should or may occur in the future are forward-looking statements. Oblong’s actual results may differ materially from its expectations, estimates and projections, and consequently you should not rely on these forward-looking statements as predictions of future events. Without limiting the generality of the foregoing, forward-looking statements contained in this press release include statements relating to (i) the Company’s potential future growth and financial performance and (ii) the success of its products and services. The forward-looking statements are based on management’s current belief, based on currently available information, as to the outcome and timing of future events, and involve factors, risks, and uncertainties that may cause actual results in future periods to differ materially from such statements. A list and description of these and other risk factors can be found in the Company’s Annual Report on Form 10-K for the year ending December 31, 2019 and in other filings made by the Company with the SEC from time to time, including the Company’s Quarterly Report on Form 10-Q for the three and six months ended June 30, 2020. Any of these factors could cause Oblong’s actual results and plans to differ materially from those in the forward-looking statements. Therefore, the Company can give no assurance that its future results will be as estimated. The Company does not intend to, and disclaims any obligation to, correct, update or revise any information contained herein.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200827005232/en/
Investor Relations Contact: Brett Maas Hayden IR, LLC brett@haydenir.com 646-536-7331
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