Science & Technology
Mon, August 27, 2012
LOS ANGELES--([ BUSINESS WIRE ])--j2 Global, Inc. (NASDAQGS:JCOM) today announced that it has acquired the New Zealand business of Zintel Communications, a cloud voice services provider. This acquisition follows j2as March 2012 acquisition of the Australian Zintel Communications business.
"We are committed to enhancing the experience of our New Zealand customers by offering them industry-leading service levels and expanded service features, as well as access to our global network reach and wide array of additional cloud services."
"This acquisition is part of our overall effort to expand our voice services internationally and particularly in the Asia-Pacific region," said Hemi Zucker, CEO of j2 Global. "We are committed to enhancing the experience of our New Zealand customers by offering them industry-leading service levels and expanded service features, as well as access to our global network reach and wide array of additional cloud services."
Terms of the acquisitions were not disclosed and the financial impact to j2 Global is not expected to be material.
About j2
Founded in 1995, j2 Global, Inc. provides outsourced, value-added messaging and communications services to individuals and businesses around the world. j2 Global's network spans 49 countries on six continents. The Company offers Internet fax, virtual phone, hosted email, email marketing, online backup, unified communications and customer relationship management solutions. j2 Global markets its services principally under the brand names eFax, Onebox, eVoice, Campaigner, Fusemail, KeepItSafe and CampaignerCRMa".As of December 31, 2011, j2 Global had achieved 16 consecutive fiscal years of revenue growth. For more information about j2 Global, please visit [ www.j2global.com ].
"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995: Certain statements in this Press Release are "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995, including but not limited to statements regarding offering these New Zealand customers industry-leading service levels, expansion of service offerings and geographically throughout the region, and selling additional services to the acquired customer base. These forward-looking statements are based on management's current expectations or beliefs and are subject to numerous assumptions, risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These factors and uncertainties include, among other items: service outages or delays, inability to grow and retain the acquired customer base; lack of interest of the acquired customer base in purchasing additional services; failure to successfully migrate the acquired customer's to j2as existing platforms; inability to expand throughout the region; inability to protect j2as proprietary technology or infringement by j2 of intellectual property of others; adverse changes in the U.S. or international regulatory environments surrounding j2as services, including but not limited to the imposition or increase of taxes or regulatory-related fees; and the numerous other factors set forth in j2's filings with the Securities and Exchange Commission ("SEC"). For a more detailed description of the risk factors and uncertainties affecting j2, refer to the 2011 Annual Report on Form 10-K filed by j2 on February, 2012, and the other reports filed by j2 from time-to-time with the SEC, each of which is available at [ www.sec.gov ]. The forward-looking statements provided in this press release are based on limited information available to j2 at this time, which is subject to change. Although management's expectations may change after the date of this press release, j2 undertakes no obligation to revise or update these statements.
