PLEASANTON, Calif. — Polycom, Inc.

(NASDAQ:PLCM), the world’s leading provider of unified collaborative

communications solutions, today announced the expiration of the tender offer

by its wholly-owned subsidiary, Spyglass Acquisition Corp., for all

outstanding shares of SpectraLink Corp. (NASDAQ:SLNK). The subsequent

merger to finalize the acquisition will close today, Monday, March 26, 2007.

All remaining outstanding SpectraLink shares, other than those held by

stockholders who properly perfect appraisal rights under Delaware law, will

be converted into the right to receive $11.75 in cash. Following the merger

today, SpectraLink will become a wholly-owned subsidiary of Polycom.

“We are delighted to complete our acquisition of SpectraLink,” said Robert

Hagerty, chairman and CEO of Polycom. “SpectraLink’s technology, products,

partnerships, and people provide Polycom with immediate leadership in the

wireless telephony market. Now, by leveraging Polycom’s proven strength in

voice and video over IP (V2oIP), we have the unique ability to provide fixed

and mobile solutions that seamlessly encompass voice, video, and content

collaboration solutions from the desktop, to the meeting room, to the mobile

individual.”

Polycom Inc. (Nasdaq: PLCM)

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