Brooktrout Shareholders Approve Acquisition by EAS Group
20 Octubre 2005 - 3:50PM
PR Newswire (US)
NEEDHAM, Mass., Oct. 20 /PRNewswire-FirstCall/ -- Brooktrout, Inc.
(NASDAQ:BRKT), a leading provider of innovative hardware and
software platforms that enable applications for the New
Network(TM), announced today that Brooktrout shareholders have
voted to adopt the merger agreement under which EAS Group, Inc.,
the privately held parent of Excel Switching Corporation, will
acquire Brooktrout. At a Special Meeting held today, holders of
approximately 74% of Brooktrout's common stock approved the merger
agreement. Brooktrout and EAS Group entered into a definitive
agreement on August 18, 2005, under which EAS Group agreed to pay
$13.05 in cash for each outstanding share of Brooktrout common
stock. The parties expect to complete the transaction on October
24, 2005. (Logo:
http://www.newscom.com/cgi-bin/prnh/19990806/BRKTTECH ) About
Brooktrout Brooktrout, Inc., headquartered in Needham,
Massachusetts, delivers communications hardware and software
products that enable applications for the New Network(TM) -- a
Network born through the marriage of the telephone and data
networks. Brooktrout's mission is to collaborate with its partners
so they can bring innovative solutions to market quickly, increase
business and expand into new markets. Brooktrout believes that a
solid focus on customers, significant first-to-market products and
key acquisitions are making it a partner of choice for today's
hottest communications service and enterprise application
providers. Brooktrout's common stock is traded publicly on the
NASDAQ National Market under the symbol BRKT. For more information,
visit http://www.brooktrout.com/investor. About Excel Switching
Corporation Founded in 1988, Excel Switching Corporation is a
leading provider of carrier-class media gateways, media servers,
signaling gateways, and enhanced service platforms for original
equipment manufacturers, value-added resellers, and service
providers. As a profitable company with more than 8,500 systems
deployed in more than 80 countries, Excel addresses carrier needs
for profitable applications by delivering a family of platforms
that bridge fixed, mobile, and IP networks, thereby lowering costs,
improving call quality, and simplifying network operations. By
working closely with its partners, Excel supplies service providers
with highly reliable, localized solutions designed to meet their
immediate and future needs. For more information, visit
http://www.excelswitching.com/. CONTACT: Bob Leahy VP Finance &
Operations Brooktrout, Inc. (781) 433-9426
http://www.newscom.com/cgi-bin/prnh/19990806/BRKTTECH
http://photoarchive.ap.org/ DATASOURCE: Brooktrout, Inc. CONTACT:
Bob Leahy, VP Finance & Operations of Brooktrout, Inc.,
+1-781-433-9426 Web site: http://www.brooktrout.com/
http://www.excelswitching.com/
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