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NEW SAVINGS - Intel and Chrysler Save with Videoconferencing

INTEL AND CHRYSLER SAVE WITH VIDEOCONFERENCING - Intel expects to save $25 million in travel costs over the next year, thanks to new videoconferencing equipment it will be using to conduct business overseas without having to leave the office. Chrysler has already saved $4.9 million with similar technology. During the past year, more than half its members used videoconferencing as a way to cut costs, up from 27% in 1996. (Conde Nast Traveler, Sept, 1998)



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