FAT CATS

[CheezyTang]

that is correct......they sold off their

messaging company.....well, they didn't sell it off, rather they consolidated both companies ("Glenayre Messaging" and "IP Unity")....ok...it was a sell off...but i guess Glenayre still has their name involved, somehow, but that is about it.
http://www.glenayre.com/glenayre/documents/IPUnityGlenayre.pdf

Glenayre Technologies(GEMS) is now solely focusing on the EDC (Entertainment Distribution Company), which is CDs/DVD tech.

"We have entered 2007 solely focused on EDC and the execution of our business plan," added Caparro. "In addition to excelling in the physical market, we are also committed to developing a digital capability and we have identified a number of opportunities to expand into the digital content services market, which in many respects parallels our current physical offerings. With a solid foundation from our long-term partnership with Universal Music Group and a strong balance sheet, we believe we are well positioned to deliver value for shareholders in 2007 and beyond."

http://phx.corporate-ir.net/phoenix.zhtml?c=115695&p=irol-newsArticle&ID=971034&highligh...

that is about it...