RADVISION (RVSN) Chairman Buys 828K Shares
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RADVISION (Nasdaq: RVSN) today announced that its Chairman, Zohar Zisapel, purchased 828,761 shares of the Company in the open market in the period beginning August 4 through September 15. The total amount invested by Mr. Zisapel for those shares was approximately $5.7 million at an average price of $6.86 per share.
Mr. Zisapel commented: "RADVISION stands alone as the only independent video network infrastructure provider. Management is making tangible progress in its plan to leverage this opportunity. My continued investment in RADVISION reflects my full confidence in the Company and its future."
Radvision, Ltd. engages in the design, development, and supply of products and technologies for videoconferencing and video telephony, as well as for converged voice, video, and data over Internet Protocol (IP) and 3G networks.
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