Company's Revenue Growth Leads to Recognition in Collaboration Sector

(January 14, 2004) Austin, Texas – VCON (Nouveau Marché No. 022021), a worldwide leader in audio and videoconferencing solutions, today announced that it has been selected as one of Software Magazine’s Software 500 for 2003. The annual list, published at www.softwaremag.com, honors the world’s top software and services companies and is based on revenue from software license sales and services.

“VCON is pleased to be recognized on such a comprehensive list including the worlds’ top software and service providers,” said Gordon Daugherty, chief marketing officer, VCON. “Our software products are designed to facilitate fast, easy and manageable communication in today’s complex business environment, and this recognition further confirms our strength within such a competitive marketplace.”

The Software 500 is based on total worldwide software and services revenue for 2002, during which VCON’s revenue grew 22 percent. VCON software products are sold through a variety of reseller partners and distributors around the world. Please see complete details on these products at http://www.emblaze-vcon.com/solutions/management_systems/index.shtml.

About VCON

VCON develops and manufactures a variety of conferencing solutions that enable seamless communication and collaboration using all forms of interactive media. The company’s award-winning technology ensures the highest audio and video performance for organizations worldwide. VCON’s meeting and collaboration solutions include desktop and group videoconferencing products, audio conferencing products, data conferencing products and management systems. The company markets its products and services through a network of reseller partners, OEMS and value-added resellers around the world. VCON has worldwide headquarters in Israel and regional headquarters in Munich, Austin and Beijing. VCON is publicly traded on Le Nouveau Marché (Sicovam No. 022021).