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ACT Teleconferencing Inc., a Colorado corporation formed in December 1989, is a leading full service provider of audio, video, data and Internet-based conferencing services to businesses and organizations in North America, Europe and Asia. Our conferencing services enable our clients to efficiently and cost effectively conduct electronic meetings by linking multiple participants in geographically dispersed locations.

Industry sources estimate that the worldwide teleconferencing services market amounted to approximately $1 billion in 1999 and will grow to over $3.0 billion by 2004, representing a compounded annual growth rate of approximately 25...