PMPlayer ( Professional Media Player )
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Using PMPlayer you can perform a direct video conference ( without an intermediate server ).
You can use any standard network for this job ( including Internet, Intranet, LAN and so on ),
But given that this is a direct video conference, so all partners should have valid IP address !
Also your device should have the required hardware including a webcam and a mcirophone.
Note: According to your network bandwidth you can adjust the video size, quality and frame rate.