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Polycom, Inc. the global leader in telepresence, video and voice communications solutions, today announced its Board of Directors has named Andrew Miller president and chief executive officer, effective today.

Mr. Miller succeeds Robert Hagerty, who will step down as CEO, president, and chairman and is resigning from the Board. To facilitate a smooth transition, Mr. Hagerty will serve as an advisor to Mr. Miller and the Board. Concurrent with the CEO succession, David DeWalt, currently Polycom's lead independent director, will assume the role of chairman of the Board of Directors. The Board plans to appoint Mr. Miller to the Board of Directors shortly following this year's Annual Stockholders Meeting.

Mr. Miller, who joined Polycom in 2009 as executive vice president of Global Field Operations, has been successfully leading the Company's strategic initiatives to transform Polycom's go-to-market, build core strategic and service provider alliances, and launch the Polycom Open Collaboration Network.

"Andy Miller has been transformative in leading Polycom's shift to a more customer-centric execution model, which has already resulted in significant growth for the Company," said David DeWalt, Polycom chairman of the Board of Directors. "Andy's industry track record, proven leadership, and customer skills make him the ideal CEO to take Polycom to the next level. I also want to thank Bob Hagerty for growing Polycom from $37M to $1.1B over his 13 year tenure and for recruiting Andy to the Company, enabling this seamless succession."

"As the leading independent company in the fast-growing unified collaboration space, I believe Polycom is uniquely positioned to capture this significant market opportunity," said Mr. Miller. "Polycom has unbelievable employee talent at all levels of the organization, an amazing customer base, and a strong array of strategic and channel partnerships. With the same passion, intensity, and efficiency that has already produced better than planned results, I look forward to leading Polycom to greater customer intimacy and a stronger profit model. I want to thank Bob for his many years of excellent leadership."

"It has been an honor to have led such a talented group of directors, management members, and employees during my time at Polycom," said Mr. Hagerty. "Andy is a perfect successor to lead Polycom through its next phase of growth. I am truly proud of what we have achieved thus far, and I believe Polycom has a tremendous opportunity in the exciting collaboration market."

Mr. Miller has a 28-year proven track record in the video and networking industries. During his 11 years at Cisco, he held several senior leadership roles in Sales, Marketing, and Services. As CEO of Tandberg, another leading video solutions provider, he led the Company through a period of significant revenue and profit growth. Immediately prior to joining Polycom, he was global president of IPC Information Systems, a leading trading technology and network connectivity provider. Mr. Miller received his BS in Business Administration from the University of South Carolina. He is on the Board of Directors for BroadSoft, former chairperson for the Stanford Executive Education Program, and a former fellow at the Aspen Institute.

Mr. DeWalt joined the Polycom board of directors in November 2005 and is a technology industry veteran who currently serves as CEO and president of McAfee, Inc. Previously, Mr. DeWalt held various management positions at EMC, Oracle, and other leading software and technology companies.

Polycom will file a supplement to its proxy statement for its 2010 Annual Stockholders Meeting to reflect the above changes and that Mr. Hagerty is no longer a nominee for Polycom's Board of Directors.

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It was just over a year ago that I had the privilege of launching Exchange 2010, standing on a stage in Berlin demoing some of the great new features in Exchange.  My enthusiasm has only grown in the past year.  Up to that point, I had already been on Exchange 2010 for over a year, and I was eager to see how

Partner Opportunities to Address Email Archiving Needs with Exchange 2010 SP1

Last year at the Microsoft Worldwide Partner Conference (WPC) 2009, we talked to our partners about the new business opportunities made possible by our addition of integrated email archiving and discovery with Exchange Server 2010. In November, we launched Exchange 2010, one of the most successful and exciting launches in Exchange’s history. This week at WPC 2010, we’re focusing on how enhanced email archiving in Exchange 2010 SP1 continues to expand partner business opportunities.

Partners agreed that email archiving and compliance presents a tremendous opportunity to deliver new services to their customers while driving adoption of the full platform capabilities of Exchange; for example, consulting engagements that average $30-$40K in new services revenue.

Moreover, partners gave us great feedback on how we could make the feature set even more compelling: we needed to give customers the flexibility and choice of tiered storage (storing the archive mailbox on a different Exchange database from the primary), support for Outlook 2007, and additional e-Discovery capabilities, like search de-duplication.

We listened and very rapidly provided these improvements in Exchange 2010 SP1, which we disclosed just five months after launch in April and released a beta at last month’s TechEd North America.

Shipping later this year, SP1 adds the functionality partners told us they needed to more successfully position Exchange 2010 archiving, and help customers eliminate PST files, simplify email retention for compliance, and drastically lower the cost for email e-Discovery. Both analysts and customers recognize the importance and value of archiving:

“Generally speaking, companies will not have to wait for SP1 to deploy Exchange 2010 — but they should be mindful of the changes in SP1.  The most significant elements of SP1 relate to the archive feature, which will support multiple tiers of storage for primary and archive mailboxes provisioned on separate Exchange databases.” - First Service Pack for Microsoft Exchange 2010: Finishing the Job, Gartner (May 4, 2010)

“PST files are quite a nightmare for IT to manage. We look forward to Exchange 2010 negating the need for supporting PSTs. It’s going to take a lot of headaches away for us,” said Ronald Loewenthal, Customer Service Manager at Super Group, a supply chain management firm.

Our SP1 enhancements are demonstrative of our investments and ongoing innovation at a rapid pace and provide key opportunities for our partners:

• For Large Account Resellers (LARs) and Value Account Resellers (VARs), there are now more benefits to land the full value of platform capabilities with your customers that include enhanced archiving, voicemail, information protection and control functionalities.

• Delivering even more value over pure messaging engagements, Systems Integrators extend messaging services with new revenue generating offerings including email archiving and voicemail practices.

• And ISVs can leverage the extensibility APIs (like the e-Discovery web services API) to enhance the native functionality in Exchange 2010 with advanced compliance and discovery tools.

Read our Archiving and Discovery, Voicemail and Compliance White Papers to learn more.

Thanks,

Kristin Murray, UC Partner Marketing