Polycom Comments on Filing from Elliott Associates, L.P.

SAN JOSE, Calif.--()--Polycom, Inc. (Nasdaq: PLCM), today issued the following statement in response to a Schedule 13D filing by Elliott Associates, L.P., et. al.

“Polycom’s Board and management regularly review and evaluate the company’s strategy as part of our commitment to enhance shareholder value. We maintain an ongoing dialogue with our shareholders, and we will be meeting with Elliott’s representatives to discuss their thoughts. It is our policy, however, not to comment on our discussions with shareholders.”

Forward Looking Statements and Risk Factors

This release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding shareholder value. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the impact of competition on our product sales and on our customers and partners, and any resulting loss of business; the impact of increased competition due to consolidation in our industry or competition from companies that are larger or that have greater resources than we do; potential fluctuations in results and future growth rates; risks associated with global economic conditions and external market factors; the market acceptance of our products and changing market demands, including demands for differing technologies or product and services offerings; our ability to successfully implement process improvements and cost containment initiatives; changes to our strategic areas of focus and investment; our ability to successfully integrate our acquisitions into our business; possible delays in the development, availability and shipment of new products due to engineering, manufacturing or other delays; increasing costs and the availability of capital; changes in key sales and other personnel that may cause disruption to the business; the impact of restructuring actions; and the impact of global conflicts that may adversely impact our business. Many of these risks and uncertainties are discussed in the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, and in other reports filed by Polycom with the SEC. Polycom disclaims any intent or obligations to update these forward-looking statements.

About Polycom

Polycom helps organizations unleash the power of human collaboration. More than 415,000 companies and institutions worldwide defy distance with secure video, voice and content solutions from Polycom to increase productivity, speed time to market, provide better customer service, expand education and save lives. Polycom and its global partner ecosystem provide flexible collaboration solutions for any environment that deliver the best user experience, the broadest multi-vendor interoperability and unmatched investment protection. Visit www.polycom.com or connect with us on Twitter, Facebook and LinkedIn to learn more.

© 2015 Polycom, Inc. All rights reserved. POLYCOM®, the Polycom logo, and the names and marks associated with Polycom’s products are trademarks and/or service marks of Polycom, Inc. and are registered and/or common law marks in the United States and various other countries. All other trademarks are property of their respective owners.

Contacts

Polycom, Inc.
Investor Contact:
Ben Jones, +1-408-586-4370
ben.jones@polycom.com
Press Contact:
Michael Rose, +1-408-586-3839
michael.rose@polycom.com

Contacts

Polycom, Inc.
Investor Contact:
Ben Jones, +1-408-586-4370
ben.jones@polycom.com
Press Contact:
Michael Rose, +1-408-586-3839
michael.rose@polycom.com