Peter A. Leav Named President and CEO of Polycom

  Peter A. Leav Named President and CEO of Polycom

 Former NCR, Motorola Executive Brings Strong Background in Global Operations
     and Sales Management Coupled with Track Record of Profitable Growth

Business Wire

SAN JOSE, Calif. -- December 3, 2013

Polycom, Inc. (Nasdaq: PLCM), the global leader in open, standards-based
unified collaboration, today announced that Peter A. Leav has joined the
company as President and Chief Executive Officer. He also will serve as a
Director on Polycom’s Board of Directors.

Peter A. Leav, President and CEO of Polycom, Inc. (Photo: Business Wire)

Peter A. Leav, President and CEO of Polycom, Inc. (Photo: Business Wire)

Leav succeeds interim CEO Kevin Parker, who will continue serving as Chairman
of the Board of Polycom, and will work closely with Leav on a transition plan
that continues Polycom’s focus on innovation, operational excellence and

“Peter’s strong background in operations, general management and sales,
spanning a successful 20+ year career in communications, technology and
services and his energy and passion are strong assets to take Polycom to the
next level,” said Parker. “We are delighted to have Peter come on board to
lead Polycom into the future. His experience leading a global organization and
his proven track record of driving revenue and shareholder value made Peter
the natural choice for us.”

Leav assumed the role on Monday, Dec. 2, 2013, and will be based out of the
company’s global headquarters in Silicon Valley.

“Polycom is a proven innovator and leading provider of secure, interoperable
collaboration solutions to enterprises, from voice to video to content
sharing,” Leav said. “The future opportunity is unlimited as most
organizations across the world are just beginning to discover the amazing
benefits Polycom collaboration solutions can bring to them. Providing the
industry’s best end-to-end customer experience, while improving operating
margin and driving long-term shareholder value, will be top priorities for me
and for our Company. I am very excited to work with our team as we enhance our
strategy, drive results and continue our innovation leadership in this
evolving industry.”

During Leav’s tenure at NCR, revenues grew from $4.6 billion in 2009 to $5.7
billion in 2012. In his most recent role at NCR, Leav was Executive Vice
President and President of Industry and Field Operations. Leav was responsible
for leading a team of approximately 8,000 employees across 120 countries and
for delivering annual revenue of more than $5.7 billion in 2012. He led NCR’s
global go-to-market efforts, including the NCR Global Sales organization’s
direct and indirect sales channels, Professional Services, and Industry Lines
of Business, focusing on customers in the Financial Services, Retail,
Hospitality, Travel and Technology and Telecom industries. Leav also led NCR’s
Interactive Printer Solutions division, managing its global footprint of
manufacturing and distribution capabilities. Leav was a member of NCR’s
Executive Committee, helping to develop and execute on the company’s global

About Polycom

Polycom is the global leader in open, standards-based unified communications
and collaboration (UC&C) solutions for voice and video collaboration, trusted
by more than 415,000 customers around the world. Polycom voice and video
solutions are powered by the Polycom® RealPresence® Platform, comprehensive
software infrastructure and rich APIs that interoperate with the broadest set
of communication, business, mobile and cloud applications and devices to
deliver secure face-to-face video collaboration in any environment.Polycom
and its ecosystem of over 7,000 partners provide truly unified communications
solutions that deliver the best user experience, highest multi-vendor
interoperability, and lowest TCO.Visit or connect with us on
Twitter, Facebook, and LinkedIn to learn how we’re pushing the greatness of
human collaboration forward.

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 future priorities that include best
customer experience, improving operating margin, and driving long-term
shareholder value, and our future strategy, results, and innovation. 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 for our customers and partners; 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; possible delays in the
development, availability and shipment of new products due to engineering,
manufacturing or other delays; increasing costs and differing uses of capital;
changes in senior management and key personnel that may cause disruption to
the business; the impact of restructuring actions; our ability to successfully
integrate our acquisitions into our business; 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 September 30, 2013, and in other reports filed by Polycom
with the SEC. Polycom disclaims any intent or obligations to update these
forward-looking statements.

© 2013 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.

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Polycom, Inc.
Press Contact:
Ryan Batty, +1 408-586-4467
Investor Contact:
Laura Graves, +1 408-586-4271
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