Shareholders also approve name change to LiveWire Mobile, Inc.
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.
NMS Communications
Herb Shumway, 508-271-1481
CFO
Herb_Shumway@nmss.com
or
ICR,
Inc.
Staci Mortenson, 203-682-8273
SVP
Staci.Mortenson@icrinc.com
