For Immediate Release

Contact:  Hedy Baker                                  Contact:  Alexa Coy
Forgent Media Relations                               Forgent Investor Relations
512.437.2789                                          512.437.2678
hedy_baker@forgent.com                                alexa_coy@forgent.com


                    Forgent Announces Completion of VTEL Sale

AUSTIN, Texas - Jan. 24, 2002 - Forgent (TM) Networks  (Nasdaq:FORG),  a leading
provider of advanced  video  network  solutions for  enterprise  communications,
today announced the completion of the sale of its Products  Division,  which has
been operating under the name of VTEL Products since May 2001.

The sale was finalized on Wednesday,  Jan. 23, based on the previously disclosed
definitive  purchase  agreement.  In the sale, Forgent received cash of $500,000
and  subordinated  notes  from  the  buyer  totaling  approximately   $6,000,000
principal amount and shares representing 19.9 percent of the buyer's stock. VTEL
will operate as a privately held company under the name VTEL Products Company.

"The  completion  of the  sale of VTEL  represents  the end of an era,  but more
importantly the beginning of a new chapter for Forgent," said Roy Wilson,  chief
operating  officer at  Forgent.  "We are excited  and  confident  about our new,
next-generation  network  management  software and services  strategy and have a
real  opportunity  to take  advantage  of our core  competencies,  differentiate
ourselves, and become a major player in a high margin business."

About Forgent
Forgent(TM)  Networks (Nasdaq:  FORG), is the premier provider of advanced video
solutions  for  enterprise  communications  and  a  leader  in  improving  video
management and interoperability  standards.  Forgent's goal is to ensure simple,
dependable video communications by combining  professional services with network
management tools to deliver ease of use, reliability, and manageability of video
networks.

As the  largest  and most  experienced  independent  provider of services in the
video industry,  companies can rely on Forgent's  technology and services to use
video for mission-critical business functions.  Forgent's Video Network Platform
is the only network  management  software  designed  specifically to control the
quality of service of multi-vendor video networks.  For the first time, video is
manageable,  allowing  enterprises to reduce  operational  costs while improving
reliability and ease of use. For more information,  log on to www.forgent.com or
call Forgent's Investor Hotline at 1-866-276-FORG(3674).

Safe Harbor
This release may include projections and other  forward-looking  statements that
involve a number of risks  and  uncertainties  and as such,  actual  results  in
future periods may differ  materially from those currently  expected or desired.
Some of the factors that could cause actual results to differ materially include
rapid changes in  technology,  changes in customer  order patterns or order mix,
the  ability to collect  certain  foreign  receivables,  foreign  exchange  rate
fluctuations, the intensity of competition, the cost and availability of certain
key components,  the company ability to manage product transitions and inventory
levels,  product pricing  pressures,  sudden or unexpected changes in demand for
videoconferencing  systems,  litigation involving intellectual  property,  other
issues,  and  the  ability  to  consummate  certain  divestiture   transactions.
Additional  discussion  of these and other risk factors  affecting the company's
business and  prospects is contained in the  company's  period  filings with the
SEC.

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