Voicecom Acquires Inuntius – Converged Company to Expand Communications Solution to VOIP Networks
November 28, 2005
ATLANTA, GA - November 28, 2005 - Voicecom Telecommunications, LLC, a portfolio company of private equity firm The Gores Group, LLC ("Gores") and a leading provider of call answering solutions for the business-to-business market, today announced that it has acquired iNuntius, Inc., a leading developer of SIP-based VoIP and Unified Communications solutions. iNuntius will be folded into Atlanta-based Voicecom's existing operations, and its Compton, CA location will integrate with Voicecom's other locations in Atlanta, Dallas, and Reno.
With a pioneering technical background and sole ownership of all its intellectual property, iNuntius and its nine years of research and development into its IP telephony and enhanced messaging platforms will converge with Voicecom's 20-year history of providing turnkey hosted voice solutions, resulting in a provider that offers traditional and next-generation applications across voice and data networks. The acquisition allows Voicecom to continue to provide technology-driven solutions that solve the communications needs of its customers even as they migrate to IP telephony based networks.
"As businesses experience a transitional period during which some of their employees or locations are using TDM and some are using VoIP, it is desirable for the applications and services used to remain constant," said Kevin M. Moran, President and CEO of Voicecom. "Voicecom will bridge maturing and emerging technologies and provide a constant set of value-added applications to any end point regardless of the transport mechanism. And as customers' networks evolve, they will continue to benefit as Voicecom remains ahead of the curve, leveraging the capabilities of VoIP and other emerging technologies."
Having achieved early success in the carrier VoIP market, iNuntius is now positioned to take advantage of Voicecom's seasoned management team and proven track record to enhance its position in the carrier market and quickly enter new retail markets. Kevin Torf, President of iNuntius, will be joining the Voicecom team as Chief Technology Officer, leading technology innovation and development efforts, and have a seat on the Voicecom Board of Directors. Torf is excited about ways in which to leverage the tremendous synergies in the newly combined customer base, "The iNuntius product set includes an immediate solution for Voicecom's strong foothold of CLEC customers as they seek an IP-based local and long distance alternative to the existing UNE-P agreements from the RBOCs which expire in the first quarter of 2006. Additionally, the IP telephony solutions produce an ideal add-on service for Voicecom's multi-location IVR customers and corporate messaging enterprises."
Voicecom Telecommunications, LLC is a leading provider of enhanced call answering services in the business-to-business market offering solutions such as automated attendants, interactive voice response systems, voice messaging, and conference calling. Founded in 1986, The company's solutions are designed to meet a diversity of needs in many Enterprise markets, including food services, financial services, retail, manufacturing, government organizations, real estate, and telecommunications. In the year 2004, Voicecom processed more than 129 million messages and handled more than 534 million calls. Headquartered in Atlanta, Voicecom is a member of The Gores Group of companies and provides its services throughout North America. More information can be found at www.voicecom.com.
About iNuntius, Inc.
iNuntius provides a comprehensive suite of SIP-based VoIP and unified messaging communications services to carriers, enterprises, and service providers. Leveraging its existing end-to-end private-label hosted solution, or licensing its products as point solutions, iNuntius can quickly engage and implement VoIP + Enhanced Services for its customers. iNuntius' product suite includes IP Centrex, Standard and Advanced Class 5 calling features, Tier I, II & III Support, CPEs & fulfillment and backoffice integration. Services can be implemented under either the iNuntius label, or branded for its channel partners. More information can be found at www.inuntius.com.
About The Gores Group, LLC
Founded in 1987, The Gores Group ("Gores") is a private investment firm focused on the technology, telecommunications, and business services sectors. The firm combines the seasoned M&A team of a traditional financial buyer with the operational expertise and detailed due diligence capabilities of a strategic buyer. Gores has a long standing record of creating sustainable value in its portfolio companies by focusing on customers and employees, supporting management with operational expertise and providing the capital required for growth. Headquartered in Los Angeles, California, Gores maintains offices in Boulder, Colorado; New York; Zurich and London. www.gores.com
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