NMS Communications Receives Shareholder Approval for Sale of the NMS Communications Platforms Business to Dialogic
November 19 2008 - 2:00PM
Business Wire
NMS Communications Corporation (NASDAQ: NMSS), a leading provider
of applications and platforms for value-added services in mobile
telecommunications today announced that they received shareholder
approval for the sale of the NMS Communications Platforms business
to Dialogic Corporation for a total consideration of $28 million in
cash, subject to certain adjustments set forth in the definitive
agreement. In addition, shareholders approved a corporate name
change to LiveWire Mobile, Inc., upon closing of the sale of the
NMS Communications Platforms business, to more accurately reflect
the strategic focus and branding of the Company. The Company�s
shareholders also approved a proposal by which the Board of
Directors may reverse split shares of the Company. About NMS
Communications Corporation NMS Communications Corporation
(NASDAQ:NMSS) is a leading provider of applications, platforms and
technologies that make possible the rapid creation and deployment
of a broad range of value-added services, from voice mail to IVR to
ringback and mobile TV. Visit www.nmss.com for more information.
About LiveWire Mobile LiveWire Mobile, a subsidiary of�NMS
Communications Corporation, is a global provider of managed
personalization services for mobile operators. Our integrated suite
of music and video services includes ringback tones, ringtones and
full track downloads, as well as dedicated content and service
marketing. LiveWire Mobile makes mobile personalization�services
easier to use�and helps operators drive service usage and adoption.
For more information, please visit�www.livewiremobile.com. About
Dialogic Corporation Dialogic Corporation is a leading provider of
open systems platforms to both the Enterprise and Service Provider
markets. The platforms enable converged communications, allowing
service providers, developers and system integrators to deliver
services, content and applications using multimedia processing and
signaling technologies. Headquartered in Montreal, Canada, Dialogic
and its subsidiaries have over twenty offices worldwide, providing
local presence, knowledge and support to serve its customers around
the globe. Dialogic�s research and development centers are located
in Parsippany, New Jersey; Buffalo, New York; Needham,
Massachusetts; Hyannis, Massachusetts; Salem, New Hampshire;
London, England; Dublin, Ireland; and Stuttgart, Germany as well as
Montreal. NMS Communications and LiveWire Mobile are trademarks of
NMS Communications Corporation. Dialogic is a registered trademark
of Dialogic Corporation. All other brand or product names may be
trademarks or registered trademarks of their respective holders.
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