...

Intelliverse Press Release

Amvensys Telecom Holdings, LLC Completes Acquisition of Intelliverse®



Dallas, Texas – May 3, 2011 – Amvensys Telecom Holdings, a Dallas, Texas – based diversified international technology, telecommunications, and energy services provider has completed the acquisition of Voicecom® Telecommunications, LLC (doing business as Intelliverse®), a leading communications solutions provider.

"We are excited to complete the Intelliverse acquisition. Intelliverse provides Amvensys with an experienced and proven team who have developed cutting edge IP communications technology," said Z. Ed Lateef, CEO of Amvensys. "I look forward to working with Intelliverse to expand its portfolio of products and services into new markets."

Intelliverse is a leading provider of automated IP based communications technologies in the enterprise and small business segment. Its solutions include automated attendants, customized interactive voice response systems, voicemail, voice messaging, conference calling and VOIP. Prior to the acquisition, it was a portfolio company managed by Boulder, Colorado-based Global Equity Capital, LLC.

"The timing of this transaction couldn't be better," said Kevin M. Moran, President and CEO of Intelliverse. "We have just completed a major upgrade to our core product delivery platform giving us tremendous potential that is ready to be tapped."

In connection with this transaction, Amvensys retained Southwest Securities, Inc., a subsidiary of SWS Group, Inc. (NYSE: SWS), as its exclusive financial advisor and Locke Lord Bissell & Liddell LLP as counsel. The Intelliverse shareholders retained Peter A. Sokoloff & Co as financial advisor.

For more information about Intelliverse and its communications services, visit www.Intelliverse.com.

About Intelliverse®

Intelliverse is a provider of hosted communications solutions for enterprises. The company provides a complete, hosted cloud-based platform that integrates IVR, ACD and IP telephony into one solution, enabling enterprises to interact with customers more efficiently. By automating routine tasks such as call routing through customized solutions and consolidated reporting, Intelliverse provides comprehensive customer insight resulting in better business decisions. For more information, visit http://intelliverse.com/.

About Amvensys Telecom Holdings, LLC

Amvensys is a diversified international technology, telecommunications, and energy services organization with a focus on residential and commercial customers. Some of the businesses that are wholly owned by Amvensys include dPi Teleconnect, dPi Mobile, dPi Energy, each based in Dallas, Texas and Amvensys Technologies, based in Bangalore, India. Amvensys is headquartered in Houston, Texas. For more information on its telephone, mobile, and energy brands please see www.dpiteleconnect.com; www.tagmobile.net and www.dpienergy.com.

About Global Equity Capital, LLC

Global Equity Capital, LLC is a private equity firm focused on value creation through extensive operating expertise in small to middle-market transactions. GEC provides speed and flexibility in carve-outs of non-core assets from public and private entities, financial or operational turnarounds and growing businesses looking for operational and financial resource assistance. GEC is led by an experienced team, which has demonstrated over time a reliable track record of creating substantial value in its portfolio companies for shareholders and management. GEC is headquartered in Boulder, Colorado. For more information visit www.globalequitycap.com.

Press Contact:

Jon K. Taylor
Amvensys Telecom Holdings, LLC
jtaylor@amvensys.com

Tory Patrick
Vantage Communications for Intelliverse
202-558-9826
tpatrick@pr-vantage.com

Angela Bettis
Global Equity Capital, LLC
310-443-4246
communications@globalequitycap.com

Return to News Room

LEARN HOW INTELLIVERSE CAN HELP YOUR BUSINESS!