Corporate Name Changed to LiveWire Mobile, Inc.
NMS Communications Corporation (NASDAQ: NMSS) today announced the
closing of its previously announced sale of the NMS Communications
Platforms business to Dialogic Corporation. The closing took place
pursuant to the terms and conditions of the definitive agreement among
the parties.
In conjunction with the sale of the NMS Communications Platforms
business, NMS Communications changed its corporate name to LiveWire
Mobile, Inc. In addition, the Company’s NASDAQ Global Market ticker
symbol changed to LVWR from NMSS and we expect to begin trading under
LVWR on December 8, 2008.
As previously announced, Joel Hughes replaces Bob Schechter as CEO and
Todd Donahue replaces Herb Shumway as CFO, effective immediately.
Joel Hughes, CEO of LiveWire Mobile said, “We are pleased to announce
the completion of the sale of the NMS Communications Platforms business
to Dialogic and believe this is the best way to drive long-term value
for our shareholders. With the proceeds from the sale, we believe we
have the resources and focus to execute on LiveWire Mobile’s strategy
and position the company for long-term growth and profitability.”
About LiveWire Mobile, Inc.
LiveWire Mobile, Inc. is a leading 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.
LiveWire Mobile is a trademark of LiveWire Mobile, Inc.
