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Q4 2000 and January 2001
Earnings Results
March 5, 2001
THREE IMPORTANT THEMES
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o Genesys merger
o Expanding margins
o Automation
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GENESYS PROFILE
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o #1 in Europe; #1 in Asia-Pacific
o High growth and profitability
o 600 employees in 17 countries
o 10,000 customers worldwide
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GENESYS MERGER BENEFITS
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o Creates #1 worldwide conferencing specialist
o Global solution for multinationals
o Improved financial structure
- $45M cash on-hand
- Refinance Vialog's debt
o Leverage Genesys technology
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GENESYS MERGER - EVENTS
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(check mark) 10/01/00 Definitive agreement signed
(check mark) 11/20/00 File F-4
(check mark) 12/22/00 SEC comments received
(check mark) 01/18/01 File amendments to F-4
(check mark) 02/06/01 Receive additional SEC comments
(check mark) 02/08/01 File final F-4 with EDGAR
(check mark) 02/12/01 F-4 declared effective by SEC
(check mark) 02/14/01 Proxy mailed to VX stockholders
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GENESYS POST-MERGER FOOTPRINT
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[GRAPHIC OMITTED] [GRAPHIC OMITTED] [GRAPHIC OMITTED]
NORTH AMERICA EUROPE ASIA-PACIFIC
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860 people 310 people 40 people
75% of revenue 23% of revenue 2% of revenue
6 audio call centers 2 audio call centers 1 audio call center
2 video call centers 2 video call centers 1 video call center
#1 independent specialist #1 independent specialist #1 independent specialist
in 2001 since 1997 since 1998
RETAIL SALES RESULTS
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o 800 of nation's top 2500 companies now VX customers
o 4Q 00 logo "wins":
[LOGO] CATERPILLER(R)
[LOGO] EYT FORMERLY EARNST & YOUNG TECHNOLOGIES
[LOGO] EXTENDED E STAYAMERICA
[LOGO] BARNES&NOBLE
[LOGO] MILLENNIUM PHARMACEUTICALS, INC.
[LOGO] U.S. CAN CORPORATION
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FINANCIAL RESULTS
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o Revenue growth consistent with historical trends
o Rapid adoption of automated services
o Gross margins growing faster than revenues
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JANUARY 01 RESULTS
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January 01 January 00 % Increase
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Revenue $7.7M $6.1M 27%
Gross Margin % 60% 53%
EBITDA $2.3M $1.4M 68%
EBITDA % 30% 22%
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VOLUME GROWTH
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[GRAPHIC OMITTED]
3Q 99 4Q 99 1Q 00 2Q 00 3Q 00 4Q 00
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Minutes mm 61.8 64.3 71.8 76.1 78.4 89.5
[GRAPHIC OMITTED]
3Q 99 4Q 99 1Q 00 2Q 00 3Q 00 4Q 00
----- ----- ----- ----- ----- -----
% Volume Automated 0% .8% 3.4% 7.3% 16.2% 28.5%
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REVENUE GROWTH
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[GRAPHIC OMITTED]
3Q 99 4Q 99 1Q 00 2Q 00 3Q 00 4Q 00
----- ----- ----- ----- ----- -----
$mm 17.0 17.7 19.2 19.4 19.2 19.8
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GROSS MARGIN GROWTH
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[GRAPHIC OMITTED]
3Q 99 4Q 99 1Q 00 2Q 00 3Q 00 4Q 00 Jan. 01
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51% 54% 55% 56% 58% 56%* 60%
* Excluding telcom adjustment.
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FINANCIAL RESULTS - EBITDA GROWTH
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[GRAPHIC OMITTED]
4Q 99 4Q 00 % Change
Revenues $17.7M $19.8M + 12%
EBITDA* $3.2 $3.7* + 17%
* Excludes telcom and A/R reserve adjustment.
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THE VIALOG STORY
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o Streamlined company with expanding margins
o New products that leverage automation
o Building a global powerhouse with Genesys
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INCREASED SHAREHOLDER VALUE
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FINANCIAL RESULTS - 4Q 00
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[GRAPHIC OMITTED]
Revenue
4Q 99 4Q 00
----- -----
$mm 17.7 19.8
[GRAPHIC OMITTED]
EBITDA
4Q 99 4Q 00*
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$mm 3.2 3.7
*Excludes telcom and A/R reserve adjustment.
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NET CASH INCOME - 4Q 00
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4Q 00 Jan. 01
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Net cash income $198,000 $1,341,000
Net cash income per share .02 .14
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FINANCIAL RESULTS: 2000
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[GRAPHIC OMITTED]
Revenue
99 00
-- --
$mm 68.6 77.6
[GRAPHIC OMITTED]
EBITDA
99 00
-- --
$mm 9.8 15.0
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VIALOG: "THE CONFERENCING COMPANY"
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