West Corporation Completes Intrado Acquisition
2006年4月5日 - 7:55AM
PRニュース・ワイアー (英語)
OMAHA, Neb., and LONGMONT, Colo., April 4 /PRNewswire-FirstCall/ --
West Corporation (NASDAQ:WSTC), a leading provider of outsourced
communication solutions, today announced it has completed the
acquisition of Intrado Inc. (NASDAQ:TRDO) after Intrado's
shareholders voted in favor of the transaction in a special
shareholders meeting held earlier today. Pursuant to the purchase
agreement signed on January 29, 2006, West paid $26.00 per Intrado
share in cash. Intrado is North America's primary provider of 9-1-1
infrastructure systems and services, as well as innovative
solutions for telecommunications providers and public safety
organizations. Based in Longmont, Colorado, Intrado provides
uninterrupted mission critical services to all major United States
telecommunications providers. Since it was founded in 1979,
Intrado's primary focus has been on improving the quality of 9-1-1
service delivery. Intrado's many contributions to 9-1-1 include the
introduction of new technology and processes that have driven 9-1-1
data and service quality to all time highs. The company helped to
harden the 9-1-1 infrastructure resulting in greater system
availability and security. It has also been at the forefront of
developing new 9-1-1 services for emerging communications
technologies like Voice over IP, working to ensure that anyone can
call 9-1-1 from any device and get help. Most recently, Intrado
began to deploy a new emergency communications services
architecture for the 21st century, one that will support a whole
host of new communications demands and technologies. Intrado will
operate as part of West's Communications Services segment. Intrado
co-founders, George Heinrichs and Stephen Meer, will continue in
their roles as President and Chief Technical Officer of Intrado,
respectively. "The addition of Intrado's 9-1-1 and other public
safety services introduces a unique, new way to leverage West's
infrastructure, while offering additional cross selling
opportunities," stated Tom Barker, Chief Executive Officer of West
Corp. "We expect to begin integration efforts immediately and look
forward to realizing these benefits for our shareholders." "We are
enthused about being part of West," said Mr. Heinrichs. "Our
expanded resources will enable Intrado to speed the delivery of
innovative new products and provide enhanced services for our
customers, partners and the general public." Conference Call West
Corporation expects to close on the previously announced
acquisition of Raindance Communications later this week. With the
Raindance closing announcement, the company will announce the date
and time of a conference call to discuss financing details and the
impact of both acquisitions on 2006 guidance. About West
Corporation West Corporation is a leading provider of outsourced
communication solutions to many of the world's largest companies,
organizations and government agencies. West helps its clients
communicate effectively, maximize the value of their customer
relationships and drive greater profitability from every
interaction. The company's integrated suite of customized solutions
includes customer acquisition, customer care, automated voice
services, emergency communications, conferencing and accounts
receivable management services. Founded in 1986 and headquartered
in Omaha, Nebraska, West has a team of over 28,000 employees based
in North America, Europe and Asia. For more information, please
visit http://www.west.com/ . About Intrado For more than twenty
five years, telecommunications providers, public safety
organizations and government agencies have turned to Intrado for
their communications needs. Intrado provides the core of the
nation's 9-1-1 network and delivers innovative solutions to
communications service providers and public safety organizations,
including complex data management, network transactions, wireless
data services and notification services. The company's unparalleled
industry knowledge and experience reduce the effort, cost and time
associated with providing reliable information for 9-1-1, safety
and mobility applications. Additional information on Intrado, its
products and services, and past press releases can be found at the
Company's Web site: http://www.intrado.com/ . This press release
contains forward-looking statements. Forward-looking statements can
be identified by the use of words such as "may," "should,"
"expects," "plans," "anticipates," "believes," "estimates,"
"predicts," "intends," "continue" or similar terminology. In
particular, the statements set forth above regarding the expected
realization and timing of integration efforts, the delivery of new
and enhanced products and services, the timing of the Raindance
acquisition, as well as the assumptions underlying or relating to
such expectations, are forward-looking statements. These statements
reflect only West's current expectations and are not guarantees of
future performance or results. These statements are subject to
risks and uncertainties that could cause actual results to differ
materially from those contained in the forward-looking statements.
These risks and uncertainties include West's ability to integrate
or achieve the objectives of the Intrado and Raindance
acquisitions, West's ability to complete future acquisitions,
competition in West's highly competitive industries, extensive
regulation in many of West's markets, West's ability to recover on
its charged-off consumer receivables, capacity utilization of
West's contact centers, the cost and reliability of voice and data
services, availability of key personnel and employees, the cost of
labor and turnover rates, the political, economic and other
conditions in countries where West operates, the loss of any key
clients, West's ability to purchase charged-off receivable
portfolios on acceptable terms and in sufficient amounts, the
nature of West's forward flow contracts, the non-exclusive nature
of West's client contracts and the absence of any revenue
commitments, the possibility of an emergency interruption to West's
data and contact centers, acts of terrorism or war, security or
privacy breaches of West's systems and databases, West's ability to
protect proprietary information or technology, West's ability to
continue to keep pace with technological developments, the cost of
pending and future litigation and other risk factors described in
documents filed by the company with the United States Securities
and Exchange Commissions including West's annual report on Form
10-K for the year ended December 31, 2005. These forward-looking
statements speak only as of the date on which the statements were
made. West undertakes no obligation to update or revise publicly
any forward-looking statements, whether as a result of new
information, future events or otherwise. DATASOURCE: West
Corporation CONTACT: David Pleiss of West Corporation,
+1-402-963-1500, or ; or Rebecca Bessette of Intrado,
+1-720-494-6143, or
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