6-K, 2000-08-02
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                             Washington, D.C. 20549

                                   F O R M 6-K

                      Pursuant to Section 13a-16 or 15d-16
                     of the Securities Exchange Act of 1934

                           For the month of August 2000

                                 RADVISION LTD.
                              (Name of Registrant)

                 24 Raoul Wallenberg St., Tel Aviv 69719 Israel
                     (Address of Principal Executive Office)

     Indicate  by check mark  whether the  registrant  files or will file annual
reports under cover of Form 20-F or Form 40-F.

                        Form 20-F X        Form 40-F __

     Indicate by check mark whether the registrant by furnishing the information
contained  in this  Form is  also  thereby  furnishing  the  information  to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

                        Yes __             No  X



                                 RADVISION LTD.

6-K Items

1.   RADVision Ltd. Press Release dated July 27, 2000 re Second Quarter Results.


                                                                          ITEM 1



  David Seligman                                Karen Gurwitz
  Chief Financial Officer                       Dir. Corporate Communications
  RADVision, Ltd.                               RADVision, Inc.
  Tel: 972.3.645.5446                           Tel: 201.529.4300, x305
  [email protected]                    [email protected]

  Investor Contact:
  Jody Burfening/Sanjay Hurry
  Lippert/Heilshorn & Assoc.
  Tel: 212.838.3777
  [email protected]


  - Company Broadens Market Penetration with Expanded IP Communications Product
          Offering for Service Providers and Next Generation Carriers -

      Tel Aviv, Israel, July 27, 2000 -- RADVision Ltd. (NASDAQ: RVSN), the
leading provider of award-winning, industry-standard products and technology for
real-time voice and video communication over IP, today announced results for the
second quarter ended June 30, 2000.

         Revenues for the second  quarter were $10.2 million  compared with $4.0
 million for the same period in 1999, representing a 156% increase. Net Income
for the quarter  was  $741,000,  or $0.04 per share  ($0.03 per share on a fully
diluted basis),  compared with a net loss of $380,000, or $0.03 cents per share,
for the second  quarter of 1999.  Included  in the net income for the quarter is
1.3 million of financial income.

         Revenues for the six months ended June 30, 2000 reached $18.2  million,
 compared with $7.4 million for the same period last year, representing a 145%
increase.  Net  income  for the six months  were  $220,000,  or $0.01 per share,
compared with a loss of $413,000, or ($0.03) per share, last year.

      "By any measure, we have had an outstanding quarter," said Ami Amir,
chief executive officer of RADVision Ltd. "We added to our growing customer base
                                    - more -


companies  around the world  continue to rely on  RADVision to provide them with
the  core  building  blocks  for  their  IP-based  communications  networks.  We
increased our penetration of the global IP communications marketplace in Asia by
expanding our  distribution  partnership with NTT-ME and signing a new agreement
with  Samsung.  At the same time,  the sales  office we opened in Hong Kong last
quarter is already exceeding our expectations."

     "Today,  RADVision  is  a  leader  in  providing  IP-centric  products  and
technology for the enterprise  marketplace,"  continued Amir. "This quarter,  we
extended our leadership  position into the service provider and  next-generation
carrier  marketplace  with  the  introduction  of  new  MGCP  technology  and  a
Multipoint  Processor  platform.  Providers  of  next  generation  communication
networks,  as they deploy  IP-based  solutions,  need these  products to provide
their customers with scaleable,  interoperable,  and reliable  applications  and
services, all functioning within a multi-protocol environment."

     "We are also on schedule to introduce our new  SIP-based  products for this
market later in the year. With SIP and other MGCP-based products in development,
we will further  extend our  penetration of the carrier  marketplace.  With this
expanded  product  offering  we will  deliver the most  complete  multi-protocol
family of IP communications  technology available for service providers and next
generation carriers."

     "Given the solid  execution on our strategy to date, we believe we are well
on our  way to  achieving  operating  profitability  by  the  end of the  year,"
concluded  Amir.  "We intend to stay at the  technological  forefront  of the IP
communications  evolution by  developing  first-to-market  solutions to meet the
technological demands of this evolving marketplace."

About RADVision

RADVision is a leading provider of products and technology that enable real-time
voice,  video  and data  communications  over  packet  networks,  including  the
Internet and other  networks based on the Internet  protocol or IP.  RADVision's
products and technology are used by RADVision  customers to develop systems that
enable  enterprises and service providers to use next generation packet networks
for real-time IP communications.

                                    - more -


RADVision is actively involved in the development of the industry standards that
are driving the emergence and growth of the use of packet networks for real-time
communications,  and was the  first-to-market  with enabling  technology and the
products  required for the transmission of real-time voice,  video and data over
packet  networks.  As a result,  RADVision is well positioned to lead the market
with products and technology that enable  enterprises  and service  providers to
migrate their voice and video communications from traditional telephone networks
to next  generation  packet  networks.  The  company's  products and  technology
include standards-based gateways, conferencing bridges, gatekeepers and software
toolkits. For more information, please visit our website at: www.radvision.com.

This press release contains forward-looking statements that are subject to risks
and uncertainties.  Factors that could cause actual results to differ materially
from these  forward-looking  statements include, but are not limited to, general
business conditions in the industry,  changes in demand for products, the timing
and amount or  cancellation of orders and other risks detailed from time to time
in RADVision's  filings with the Securities and Exchange  Commission,  including
RADVision's Form F-1 registration statement.

All trademarks recognized

                             -- Tables to Follow --


                                 RADVision LTD.
                        Consolidated Statements of Income
                           (U.S. Dollars in thousands)

                                                        Three Months Ended                        Six Months Ended
                                                              June 30                                  June 30
                                                            (Unaudited)                              (Unaudited)
                                                        2000             1999                    2000             1999
                                                        ----             ----                    ----             ----

<S>                                               <C>              <C>                     <C>              <C>
Sales                                                $10,201           $3,979                 $18,028           $7,372
Cost of Sales                                          2,579              592                   4,523            1,046
                                                  ----------       ----------              ----------       ----------
Gross Profit                                           7,622            3,387                  13,505            6,326

Research and Development, Net                          2,967            1,599                   5,261            2,799
Marketing and Selling, Net                             4,523            1,844                   8,134            3,505
General and Administration                               670              291                   1,285              531
                                                  ----------       ----------              ----------       ----------
Operating Income (Loss)                                 (538)            (347)                 (1,175)            (509)

Financial Income (net)                                 1,279               (1)                  1,395               96

Net Income/(Loss)                                      $ 741           $ (348)                 $  220           $ (413)
                                                  ----------       ----------              ----------       ----------

Earnings per Share (U.S. Dollars)                      $0.04           ($0.03)                  $0.01           ($0.03)
                                                        ====             ====                    ====             ====

Weighted Average Number of Shares
Outstanding During the Period - Basic             18,598,596       13,485,221              16,612,550       13,485,221

Diluted  Earnings per Share (U.S. Dollars)            $ 0.03                                   $ 0.01
                                                        ====                                     ====

Weighted Average Number of Shares
Outstanding During the Period - Diluted           21,705,623                               19,710,105


                                   -- more --


                                 RADVision LTD.
                           Consolidated Balance Sheet
                           (U.S. Dollars in thousands)

                                               June 30          December 31
                                                2000               1999
                                              Unaudited)         (Audited)
Cash and Short Term Deposits                  $ 51,972           $  2,605
Receivables - Trade                              5,731              3,214
Receivables - Other                              2,022              1,517
Inventories                                      4,766              2,433
                                              --------          ---------
Current Assets                                  64,491              9,769

Long Term Investments                           43,278                ---
                                              --------          ---------

Severance Pay Fund                                 654                470
                                              --------          ---------

Cost                                             5,514              4,400
Less Accumulated Depreciation                    1,889              1,379
                                              --------          ---------
                                                 3,625              3,021

Total Assets                                   112,048           $ 13,260
                                              ========          =========

Liabilities and Equity
Short Term Debt                                  $  63            $    64
Payable - Trade & Related Parties                1,073              2,558
Other Payables & Accrued Expenses               16,456              6,333
                                              --------          ---------
Current Liabilities                             17,592              8,955

Accrued Severance Pay                            1,149                757
                                              --------          ---------

Bank Loans                                          33                 67
                                              --------          ---------

Shareholder's Equity
Share Capital                                      147                 21
Capital Surplus                                103,151             13,789
Deferred compensation                            (967)            (1,052)
Accumulated deficit                            (9,057)            (9,277)
                                              --------          ---------
                                                93,274              3,481

Total Liabilities                              112,048           $ 13,260
                                              ========          =========




     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.

                                                  RADVISION LTD.

                                                   By   /s/David Seligman

                                                       David Seligman
                                                       Chief Financial Officer

Dated: August 2, 2000

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