VCON Signs India's RBComtec to Expand Reach throughout the Subcontinent

(March 17, 2004) Herzliya, Israel – VCON (Nouveau Marché ISIN Code: IL 00 108 30540), a worldwide leader in audio and videoconferencing solutions, today has announced a distribution agreement with RB Comtec, A Division of RB Business Promotion Pvt. Ltd. Under this agreement, RB Comtec will market and provide after sales support of VCON’s rich media conferencing solutions throughout India.

Mr. Ravi Pall, CEO of RB Comtec, said, “We are excited to be adding VCON’s rich media conferencing solutions to our existing portfolio. We anticipate that these additions will provide RB Comtec with huge opportunities to increase our revenues while enhancing our ability to meet our goal of developing an environment for enhanced communication via advanced products, solutions & services that deliver high quality, scalable & integrated products & solutions.”

“We are pleased with RB Comtec’s uncompromising emphasis on customer satisfaction coupled with the company’s commitment to bringing industry leading technology to meet the needs of their customer base”, noted Joseph Daniel, VP Sales, VCON. He added, “We are especially excited by RB Comtec’s desire to invest the resources necessary to expand the adoption of videoconferencing in this critical market.”

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 (Nouveau Marché ISIN Code: IL 00 108 30540).