Polycom Announces 2-for-1 Stock Split

Polycom PLCM announced today that its Board of Directors approved a two-for-one split of its common stock to be effected in the form of a stock dividend. The stock split will entitle each stockholder of record at the close of business on June 15, 2011, to receive one additional share for every one share owned as of that date. The additional shares resulting from the stock split are expected to be distributed by the company's transfer agent on July 1, 2011. Upon completion of the stock split, Polycom will have approximately 176,000,000 shares of common stock outstanding.