One Voice Technologies, Inc. (fka OVOE)

[dave5197]

Press Release Source: Motorola, Inc.

Motorola Successfully Completes Acquisition of Soundbuzz
Sunday February 17, 9:49 pm ET
MOTOMUSIC expands across Asia

SCHAUMBURG, Ill. and SINGAPORE, Feb. 17 /PRNewswire-FirstCall/ -- Motorola, Inc. (NYSE: MOT - News) a global leader in mobile entertainment, has successfully completed its acquisition of Soundbuzz Pte., Ltd., a leading pan-Asian music provider. Terms of the transaction were not disclosed.

Today's milestone opens the door for Motorola to extend its successful Greater China music platform, MotoMusic, to India and Southeast Asia. In addition to a presence in 13 countries in the Asia-Pacific region, licenses with Sony BMG, EMI, Warner Music International, Universal Music Group, and over 45 independent record labels from around the world, the acquisition of Soundbuzz establishes MotoMusic as the leading music platform in the Asia-Pacific region.

"With the resources of Motorola, we are now able to immediately expand the digital music offerings available to our customers -- and Motorola's rapidly growing installed base of handsets throughout the region," said Sudhanshu Sarronwala, CEO of Soundbuzz. "Clearly, this marks a major milestone, as it positions Soundbuzz and Motorola to better participate in the ongoing growth in Asia's booming mobile music download market."

"Music is the heart and soul of the mobile entertainment experience, and with Soundbuzz as a part of our family, Motorola has the biggest heart and the most soul in mobile music in Asia," said Ian Chapman-Banks, Vice-President of Mobile Devices Marketing for Motorola Asia-Pacific.

"With a library of over 750,000 songs and half a million mobile music derivatives, Motorola now offers the people of the Asia-Pacific region an extensive music collection, all available for download either via the Internet or directly onto your mobile device," Chapman-Banks noted.

Soundbuzz will maintain its Singapore headquarters along with other offices in Mumbai and Sydney, forming a core component of Motorola's evolving mobile entertainment strategy in the Asia-Pacific region.

About Motorola

Motorola is known around the world for innovation in communications. The company develops technologies, products and services that make mobile experiences possible. Our portfolio includes communications infrastructure, enterprise mobility solutions, digital set-tops, cable modems, mobile devices and Bluetooth accessories. Motorola is committed to delivering next generation communication solutions to people, businesses and governments. A Fortune 100 company with global presence and impact, Motorola had sales of US $36.6 billion in 2007. For more information about our company, our people and our innovations, please visit http://www.motorola.com

Certain statements contained in this press release, including future financial and operating results, benefits and synergies of the transaction, future opportunities for the combined company and products, any other statements regarding Motorola's or Soundbuzz's future expectations, beliefs, goals or prospects and any statements that are not statements of historical facts might be considered forward-looking statements. While these forward-looking statements represent managements' current judgment of future events, they are subject to risks and uncertainties that could cause actual results to differ materially from those stated in the forward-looking statements. Important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, include: (i) the possibility that the parties may be unable to achieve expected synergies and operating efficiencies within the expected time-frames or at all; (ii) Motorola's ability to successfully integrate Soundbuzz's operations and technology into those of Motorola and the possibility that such integration may be more difficult, time-consuming or costly than expected; (iii) revenues following the transaction may be lower than expected; (iv) operating costs, customer loss and business disruption (including, without limitation, difficulties in maintaining relationships with employees, customers, clients or suppliers) may be greater than expected following the transaction; (v) the retention of certain key employees at Soundbuzz; and (vi) the other factors described in Motorola's Annual Report on Form 10-K for the year ended December 31, 2006 and its subsequent reports filed with the SEC. Motorola assumes no obligation to update or revise any forward-looking statement in this press release, and such forward-looking statements speak only as of the date hereof




--------------------------------------------------------------------------------
Source: Motorola, Inc.


Email Story
Set News Alert
Print Story






Sponsor Results
Earn From 3.82% to 4.13%
With AAA rated, GE Capital Corp. Not an offer of securities for sale.
www.geinterestplus.com
Countrywide® Home Loans
No Closing Cost Refi. No Points. No Credit Report or Processing Fees.
www.Countrywide.com
Try Forex Currency Trading at Forex.com
Free $50,000 practice account with real-time charts, news and research.
www.forex.com

(What's This?)



Related Quote
MOT 11.28 -0.23 News
View Detailed Quote
Delayed 20 mins
Providers - Disclaimer


Related News Stories
· The Best Stocks of the Millennium - at Motley Fool (Sat Feb 16)
· [$$] Nokia Chief Dispenses With Bull - at Barron's Online (Sat Feb 16)
· Tech Roundup: Yahoo Spurns Microsoft Bid - AP (Fri Feb 15)
· The Force Is With NVIDIA - at Motley Fool (Fri Feb 15)
More...

--------------------------------------------------------------------------------

· By industry: Communication Equipment



ADVERTISEMENT





Top Stories
· Economic Woes Reveal a Long-Felt Unease - AP (5:04 am)
· British Lender to Remain Nationalized - AP (6:28 am)
· Wall Street Braces for More Volatility - AP (6:43 am)
· Oil Is Steady After Talk of OPEC Cuts - AP (3:01 am)
More...

--------------------------------------------------------------------------------

· Most-viewed articles



Inside Yahoo! Finance
Market Overview
· M&A Calendar
· Upgrades/Downgrades
· Most Actives
· Stock Screener




RSS Feeds
Add headlines to your
personalized My Yahoo! Page
( About My Yahoo! and RSS )

MOT Headlines
My Yahoo RSS Mergers & Acquisitions Headlines
My Yahoo RSS Most Popular Headlines
My Yahoo RSS Communication Equipment Headlines
My Yahoo RSS More Finance RSS Feeds




--------------------------------------------------------------------------------

Copyright © 2008 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Send Feedback
Copyright © 2008 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.