Monday, October 15, 2007
LifeSize Reports Robust Sales
Austin, Texas-based LifeSize Communications, a manufacturer of high-definition video conferencing products, said Monday that the company has seen its highest-ever sales figures, a 32 percent increase in sales from the previous quarter, which had held the record prior to Q3 2007. The privately held, venture-backed firm, which does not disclose details of its finances, noted that its year-over-year growth exceeds 250 percent. The company credited the growth to strong sales in all regions and to the acquisition of hundreds of new customers. LifeSize added that it plans to fuel further growth through the continued expansion of its distribution and reseller networks.