Genesys Conferencing (Euronext Eurolist C: FR0004270270) (NASDAQ:GNSY), a global multimedia conferencing leader, today announced a change in the ratio of its American Depositary Shares (ADSs) traded on the Nasdaq Stock Market. In order to better align the trading price of its ADSs with its Euronext-listed ordinary shares of common stock, the company will be changing its current ratio of two ADSs for every one ordinary share. Effective June 29, 2006, the new ratio will be one ADS for every one ordinary share. There will be no change to the number of Genesys Conferencing's ordinary shares. "Today's announcement demonstrates Genesys Conferencing's commitment to make the company more accessible to the investment community. The change in the ADS ratio will bring better clarity and end any possible confusion for investors between the ordinary share and ADS listings," stated Francois Legros, Chairman and Chief Executive Officer. The company also notes that ADS holders may exchange their ADSs at any time with ordinary shares by contacting its transfer agent, the Bank of New York. Genesys Conferencing--Connecting the World for 20 Years Founded in 1986, Genesys Conferencing is a leading provider of converged collaboration and communication services to thousands of organizations worldwide, including more than 200 of the Fortune Global 500. The company's flagship product, Genesys Meeting Center, provides an integrated multimedia conferencing solution that is easy to use and available on demand. With offices in more than 20 countries across North America, Europe and Asia Pacific, the company offers an unmatched global presence and strong local support. Genesys Conferencing is publicly traded on Euronext Eurolist C in France (ISIN FR0004270270) and on the NASDAQ in the U.S. (GNSY). Additional information is available at www.genesys.com.
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