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RNDC Raindance Communications (MM)

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Raindance Communications (MM) NASDAQ:RNDC NASDAQ Common Stock
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Raindance Delivers Sophisticated Q&A, Polling and Multimedia Record and Playback with Latest Release of Raindance Meeting Editio

13/06/2005 12:55pm

Business Wire


Raindance Communications (NASDAQ:RNDC)
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New Features Meet User Demands for Increased Interaction, Reporting, Co-Branding and Other Capabilities Raindance Communications, Inc. (Nasdaq:RNDC), the leader in integrated multimedia conferencing services and support, today announced the latest version of Raindance Meeting Edition, the company's fully integrated web, audio and multipoint desktop video conferencing service. With this update, customers benefit from enhancements to collaboration and content management, including synchronized multimedia recordings, seamless question and answer and polling management and the ability to store and share documents outside of meetings. These new features, designed to further drive the simplicity of remote meetings and events, are automatically available to all existing Raindance Meeting Edition customers the next time they login to use the service. "We are excited to unveil the latest version of Raindance Meeting Edition as part of our continuing effort to make web conferencing easier than walking down the hall for a meeting," said Don Detampel, president and CEO of Raindance. "With this update, Raindance Meeting Edition now offers a comprehensive and intuitive multimedia conferencing tool that rivals every other service on the market today." Raindance Meeting Edition has transformed the way customers conduct conferences, enabling collaborative impromptu meetings and greatly diminishing costs among users. Raindance was recently given the highest overall rating for its experience by its customers, as stated in a report released by Wainhouse Research. The experience was rated on several criteria including overall experience, ease of use, support, reliability, price, performance, feedback and information sharing as well as scheduling and starting a meeting and conducting ad-hoc meetings. Key Feature Enhancements With these enhancements, Raindance users now have increased in-meeting functionality and post-meeting management and reporting, including the following: Integrated Record and Playback: Integrated multimedia recording enables users to create a fully synchronized playback that replicates a live meeting, including all visuals, annotation, polling, audio and video. After the meeting, the moderator can choose to e-mail out an easily accessible link to the playback secured with password-protection or download the recording to a local machine or network. Detailed reports show who accessed the recorded content and when and how long it was viewed. Content Management Portal: Raindance's convenient portal, accessed through a URL customized with the customer's name, allows users to manage meeting content from a single interface. Meeting moderators can prepare polling question sets, view and organize recordings and stored documents and run reports. Enhanced Participant Interaction: In addition to the text chat feature already available in Raindance Meeting Edition, users now have three more ways to involve participants in a more formal manner and keep everyone in the meeting on the same page. -- Question and Answer allows the moderator to manage inbound questions by assigning them to other co-moderators, or answering them independently. -- Polling allows the moderator to receive controlled feedback from meeting participants in real-time and choose to share results with attendees in the meeting. -- Force Full Screen and Force Zoom enables moderators to force all participants into full-screen mode or zoom participants in on a particular detail to optimize the meeting experience. Stored Documents: Previous versions of Raindance Meeting Edition allowed moderators to share and edit documents within the meeting. The new stored documents feature adds to that functionality, letting moderators post documents on their Raindance site and manage access to the documents before and after the meeting. Co-Branding: Customers who host external events with their partners or customers often want to ensure that their meeting environment expresses their brand and image. Co-branding lets customers personalize their user interface with a company logo and choice of colors, graphics and other design elements. Expanded Reporting Capabilities: Moderators can access detailed reports showing who attended the meeting, how long each person attended and any related chat, Q&A and polling data. Reports are provided in .csv format so they can be easily migrated to a tool for customer relationship management (CRM) or sales force automation (SFA). According to a 2004 IDC report commissioned by Raindance, first-year return-on-investment for four Raindance customers studied ranged from 150% to 988%. These latest enhancements will only serve to increase usability and promote cost savings. About Raindance Communications Raindance Communications, Inc. (Nasdaq:RNDC), the leader in integrated multimedia conferencing services and support, brings an entirely new level of simplicity and interaction to remote meetings and events. Its suite of best-in-class services, including Raindance Meeting Edition, redefines the everyday meeting experience. Thousands of corporate customers currently use Raindance's technology to more effectively communicate with colleagues, vendors, customers and partners around the world. For more information, please visit www.raindance.com or call 800-878-7326. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 This release contains forward-looking statements, including expectations regarding future company and service performance, market acceptance, customer adoption and return on investment. These statements are subject to risks and uncertainties, which could cause future events to differ materially. These risks and uncertainties include the failure or interruptions in the software, systems or network underlying Raindance's services, competition from presently existing and new competitors, price pressure, and difficulties adopting new customers and increasing customer usage of our services. Additional information concerning factors that could cause actual results to differ materially from those contained in the forward-looking statements can be found in Raindance Communications' filings with the Securities and Exchange Commission. Copies of filings made with the SEC are available through the SEC's electronic data gather analysis and retrieval system (EDGAR) at www.sec.gov. Raindance Communications assumes no obligation to update the forward-looking statements included in this document. Raindance, Raindance Communications, SwitchTower, OpenGo and our logo are trademarks or registered trademarks of Raindance Communications, Inc. All other company names and products may be trademarks of their respective companies.

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