PictureTel Videoconferencing Featured in New University of Texas Trading
and Technology Center

CENTER PROVIDES DISTANCE LEARNING TOOLS FOR GRADUATE BUSINESS STUDENTS

Danvers, Mass. -- May 14, 1996 -- PictureTelc Corporation (NASDAQ: PCTL),
the world leader in videoconferencing, has teamed with the University of
Texas Graduate School of Business to enable students to use
videoconferencing to communicate with professional advisors as they
analyze and trade securities in financial and commodity markets. The
Financial Trading and Technology Center has recently opened at the
school's Austin, Texas, campus.

The center is an advanced trading, training, research and development
facility funded and created through an unique alliance of PictureTel, EDS
and more than 40 other corporations.

EDS contributed to the development of the Center, assisting in raising
support for the MBA Investment Fund and securing contributions of products
and services from PictureTel and other corporations. EDS also served as
the systems integrator tying together the varying data sources and
technologies found in the Center.

The Center comprises three areas:

 An innovative classroom equipped with the industry's most powerful
 workstations and the newest distance learning technology, including
 the Concorde 4500, PictureTel's premier group videoconferencing
 system;

 a trading room where graduate students use the same information
 services and capabilities as professional money managers to manage
 the school's student-run investment fund and where PictureTel
 technology connects student fund managers to Wall Street advisors;
 and

 a technology showcase that gives visitors a closer look at the
 technology and capabilities at work in the Center

"This unique intersection of distributed learning and the financial
community enables PictureTel to demonstrate what we do best -- help people
to work together productively across distances," said Joan Nevins, vice
president of customer segment marketing for PictureTel. "As the leading
provider of videoconferencing solutions to the financial services and
education market segments, PictureTel is pleased to be part of this
Center."

According to Dr. George Gau, Center director and Fund president, the goal
of the Center is to help students, faculty and executives better
understand the growing flow of data that affects today's financial markets
and to enable them to participate in the application of new technologies
to education.

"No other university in the country has a comparable facility," Gau said,
"The Financial Trading & Technology Center provides an unparalleled
learning environment for our students. The technology they're exposed to
here is, in many cases, more advanced than what you would find in the
leading investment houses."

Designed for the innovative presentation of information, the Center
classroom is available for university courses as well as executive and
K-12 educator training. It serves as both a teaching facility and a
laboratory where technology companies and students can test new products
or integrate existing capabilities in new ways.

PictureTel videoconferencing helps instructors extend their reach to remote
locations as well as enabling interaction with students, executives and
other faculty members worldwide.

PictureTel Corporation is the world leader in developing, manufacturing and
marketing a full range of visual communications solutions. The company's
products serve videoconferencing needs from the desktop to the boardroom.
PictureTel also markets network products and a comprehensive portfolio of
enterprise-wide services. Additional PictureTel information is available
on the Internet at http://www.picturetel.com.

Recent PictureTel news releases are available by calling 1-800-716-6000,
extension 4 (U.S. and Canada only.)
 
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