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Dialogic Inc. (fka DLGC)

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Last Post: 12/2/2014 5:21:03 PM - Followers: 4 - Board type: Free - Posts Today: 0

Company’s New Name is Dialogic and New NASDAQ Ticker Symbol is DLGC

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Company’s New Name is Dialogic and New NASDAQ Ticker Symbol is DLGC

San Jose, CA - October 1, 2010 - Dialogic Corporation, a pioneer in enabling interactive mobile video services and applications, and Veraz Networks, a leading provider of bandwidth optimization and next generation switching products, today announced the completion of the merger of the two companies.

At Veraz's special meeting of shareholders held on September 30, 2010, shareholders voted to approve three proposals: a merger with Dialogic Corporation; changing the name of the company to Dialogic Inc.; and a 5 for 1 reverse stock split of Veraz's issued and outstanding common shares resulting in approximately 31 million shares outstanding as of today.

The merged company, headquartered in San Jose, CA, is now named Dialogic and is publicly traded on the NASDAQ under the ticker symbol (NASDAQ: DLGC). Nick Jensen leads the company as Chairman of the Board and Chief Executive Officer (formerly Chairman of the Board and Chief Executive Officer of Dialogic), and Doug Sabella is the President and Chief Operating Officer (formerly Veraz President and Chief Executive Officer). The new Dialogic® product portfolio enables service providers, enterprises and developers to unleash the profit of video, voice and data for advanced networks.

"While the capability of mobile networks around the world has been steadily expanding, the future will bring even greater demands on these networks due to the unprecedented growth in global mobile data and video traffic," said Jensen. "By combining Dialogic's proven expertise in enabling applications for voice and video with Veraz's leadership in voice and data session control, security and transport, we've created a company that gives our customers the technologies to maximize the multimedia capabilities of 3G/4G networks. In fact, over 2 billion mobile subscribers today communicate on the networks of service providers who have built their solutions on Dialogic products."

The merger of Dialogic and Veraz enhances the company's worldwide service and support offerings and creates an extensive global customer base that includes some of the largest customers in the service provider communications market, along with greater financial resources to pursue opportunities in markets throughout the world.

"As a customer of both Dialogic and Veraz, we believe that the merger of the two companies will continue to enable iBasis to meet the ever changing demands of the networks so we can connect voice, data and video calls to and from all types of fixed and wireless networks," said Ajay Joseph, CTO at iBasis, one of the largest carriers of international voice calls in the world and a division of Royal KPN N.V. "We look forward to continuing our relationship with Dialogic and are pleased that their expanded product offering will help us further enhance our role as a global leader in Voice over Internet Protocol (VoIP)."

"The combined Dialogic and Veraz is positioned to provide service providers with not only stand-alone media, including video, signaling and security solutions, but also integrated media, signaling and security which will make them competitive in the marketplace," said Diane Myers, Directing Analyst, Service Provider VoIP and IP Multimedia Subsytem (IMS) at Infonetics Research, a premier international market research and consulting firm specializing in data networking and telecom.. "Session Border Controllers (SBCs) and media servers will be the main growth engines for the carrier VoIP market in 2010. For example, the SBC market is accelerating, with worldwide 2Q10 revenue up 27 percent sequentially and up 70 percent over 2Q09, a signal that IP-to-IP connectivity is continuing to overtake IP-to-TDM connectivity."

"With the merger of Veraz and Dialogic now complete, we are excited to start as a new company with a tremendous product portfolio, and we envision many opportunities for service providers, including their ability to offer enterprise solutions through initiatives such as cloud computing," said Sabella. "Dialogic will have an unparalleled ability to deliver and manage voice, video and data services on an end to end basis and to offer our customers a broader range of solutions."

For specific information about VRAZ shares, DLGC shares, CUSIP numbers and other stock information, investors can access a list of Frequently Asked Questions (FAQ) about these topics at http://investor.dialogic.com/.

PostSubject
#174   DLGC. Merger / acquisition. FINRA deleted symbol. Renee 12/02/14 05:21:03 PM
#173   SOLD WAY TOO EARLY Roy London 02/02/14 10:18:13 AM
#172   Damn should have loaded up those .30's and Big Brother 02/02/14 09:25:28 AM
#171   nice earnings...really a 30c stock..this thing is going Roy London 11/14/13 08:46:09 AM
#170   looks like the reversal has started Roy London 11/06/13 06:37:38 AM
#169   nice volume today Roy London 11/05/13 03:02:02 PM
#168   starting Roy London 10/29/13 01:31:13 PM
#167   it will catch on soon...need to see a Roy London 10/29/13 11:58:44 AM
#166   Nice write up from AHP on this one today: Big Brother 10/29/13 11:42:21 AM
#165   agree 100% Roy London 10/28/13 02:08:43 PM
#164   I really can't foresee this one falling much Big Brother 10/28/13 02:05:16 PM
#163   just a matter of time..Brother Roy London 10/28/13 11:00:50 AM
#162   Agreed, nice share structure as well. Big Brother 10/28/13 10:39:08 AM
#161   DLGC in for the bounce 31 million Roy London 10/25/13 02:19:19 PM
#160   europe kicked off the party stockselection 04/24/12 01:18:55 PM
#159   Looks like markets are all red across the DeadCellShadix 04/23/12 09:52:56 AM
#158   DLGC strong momentum could push back over 2.00 stockselection 04/22/12 11:08:32 PM
#157   More from Stockfather.com site, glens0 04/22/12 10:05:34 AM
#156   Oh wow, I seem to have missed this DeadCellShadix 04/22/12 04:58:47 AM
#155   Here's maybe why the price is going up. glens0 04/21/12 11:59:34 PM
#154   Choo ChoO! DeadCellShadix 04/20/12 11:46:22 AM
#153   its got huge legs now - price explosion stockselection 04/20/12 11:19:57 AM
#152   its got huge legs now - price explosion stockselection 04/20/12 11:19:52 AM
#151   here it is :) xr_biotech_consult 04/20/12 10:00:46 AM
#150   News comes out weekly, when do we run? cr33ps 04/17/12 06:47:52 PM
#149   This board needs to be updated. cr33ps 04/17/12 06:47:11 PM
#148   This has to be a buyout target. cr33ps 04/17/12 06:45:56 PM
#147   On my radar. cr33ps 04/17/12 06:45:17 PM
#146   major news. debt conversion $39million dollars, stock could stockselection 04/12/12 08:18:11 PM
#145   great come back,, 2.00 target stockselection 03/25/12 10:55:19 PM
#144   very true 1.40 and going high 1.50 stockselection 03/23/12 12:37:05 PM
#143   Awesome news today. I sold from .75 - Ecostate 03/23/12 12:17:02 PM
#142   DLGC:NAS .93 climbing strong vol breakout stockselection 03/23/12 10:03:38 AM
#141   Dialogic Solution Enables SIPxchange to Provide Carrier-Grade VoIP Service Ecostate 03/13/12 12:03:27 PM
#140   Current Openings: Ecostate 03/06/12 01:33:10 PM
#139   DD me him , please . thanks Ecostate 03/05/12 10:41:44 PM
#138   CRAIG HALLUM puts strong buy recommendation stockselection 03/05/12 10:10:13 PM
#137   total stockholdres equity is only 5 million Ecostate 03/02/12 02:32:30 PM
#136   simply needs to break 1.00 and will open stockselection 02/29/12 10:26:46 PM
#135   this deal is exciting but has been stuck, stockselection 02/27/12 11:03:44 PM
#134   ~ Monday! $DLGC ~ Earnings posted, pending or Penny Roger$ 02/26/12 06:47:33 AM
#133   peaked over 1.25 today, a few more ticks stockselection 01/03/12 03:41:14 PM
#132   DLGC $1.08 Dialogic Wins 2011 Mobile Village Mobile stockselection 12/16/11 01:37:28 PM
#131   this is the news we need. show the stockselection 11/29/11 12:25:59 AM
#130   this company to outperform.. technology for video is stockselection 11/02/11 09:47:45 AM
#129   DLGC:NAS 1,91 news stockselection 09/23/11 08:28:23 AM
#128   very good comeback at 2.75 , needs stockselection 09/14/11 08:33:21 PM
#127   found good support level at 2.90 to 3.00 stockselection 08/26/11 07:43:42 PM
#126   recovery gains have been good, should see this stockselection 08/24/11 11:22:42 PM
#125   consecutive recovery in pps , 5.00 levels should stockselection 08/23/11 09:13:15 PM
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