Webcasting to Drive Growth in Frost & Sullivan's Worldwide Analyst Briefing Business
Companies to Launch New Industry Initiatives on Trends and Applications in Webcasting
Palo Alto and San Francisco, CA – October 9, 2006 – Frost & Sullivan and ON24, Inc., the global leader in webcasting and video communication solutions, today announced an exclusive global technology partnership that will leverage the power of the ON24 cutting edge webcasting and rich media technologies to support Frost & Sullivan's global initiatives in training, business development, analyst briefings and customer service.
In addition, the global partnership includes the launch of several new initiatives by the two companies. These include:
- Creation of a "best practices" research group to identify exemplary case studies in webcasting and web-conferencing to optimize user attendance and top-line revenue growth.
- Development of a think tank forecasting system to predict customer demand trends in webcasting, web-conferencing and rich media applications that includes the executive-level participation by the Chairman of Frost and Sullivan and the CEO of ON24, Inc.
- Appointment of the Chairman of Frost & Sullivan and CEO of ON24 to each company's board of advisors.
In addition, Frost & Sullivan will exclusively use the ON24 platform to drive a series of global, toll-free interactive webcasts or "Analyst Briefings" (http://www.frost.com/prod/servlet/analyst-briefings.pag), led by its expert industry market analysts. These webcasts feature more than 500 attendees and cover industry-related hot topics such growth opportunities, the latest research results, trends in the market, market forecasts and more.
"We are very proud to have formed this exclusive global partnership with ON24 -- the recognized leader in the webcasting and rich media solutions market," states Frost & Sullivan Chairman David Frigstad. "Marrying the ON24 technology leadership with Frost & Sullivan's future vision on client interaction and support will enable us to maximize the worldwide exposure to our global team of industry research analysts and consultants and drive revenue to unprecedented levels."
"I look forward to working with David Frigstad and the Frost & Sullivan team in developing research programs on the impact of webcasting, collaboration and rich media on Fortune 1000 companies," said Sharat Sharan, President and CEO, ON24 Inc. "It is an honor for ON24 to be selected by them as their global technology partner of choice."
Further, ON24 will sponsor Frost & Sullivan's annual Growth Strategies Event. "We are particularly excited that ON24 will be the new power behind our upcoming series of investment opportunities in high technology that focus on investors, venture capitalists and professional asset managers," notes Frigstad.
Persons interested in attending a Frost & Sullivan analyst briefing can register at any of the below regional links:
For North American / Latin American: http://www.frost.com/naanalystbriefings
For Europe: http://www.frost.com/euanalystbriefings
For Asia / Pacific: http://www.frost.com/apacanalystbriefings
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics and demographics. For more information, visit http://www.frost.com.
About ON24, Inc.
ON24 is the global leader of web casting and video communications solutions. More than 500 leading organizations including Cardinal Health, Cisco Systems, Motorola, CMP Media, Credit Suisse, Dept. of Education, Hewlett-Packard, National Science Foundation and Sun Microsystems use ON24 for activities such as lead generation, internal communications, conferences and events, product launches, sales training, continuing professional education and executive announcements. The Company headquarters is in San Francisco, with offices in Washington, D.C., New York and London.
“A World of Webcasting Solutions. One Webcasting Provider”™ - is a trademark of ON24.
“Insight24SM” - your B2B rich media network for information, intelligence, and insight - is a service mark of ON24 Inc.
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