Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of Syniverse Technologies, Inc. (“Syniverse” or the “Company”) (NYSE:SVR) related to the Company’s agreement to be acquired by The Carlyle Group. The proposed going-private transaction is valued at approximately $2.6 billion.

Under the terms of the definitive agreement entered into by the parties, The Carlyle Group will acquire all of the outstanding common shares of Syniverse for $31.00 per share in cash. Upon completion of the acquisition, Syniverse will become a private company, wholly owned by an affiliate of The Carlyle Group. The Syniverse board of directors has unanimously approved the proposed transaction. The transaction is expected to close in the first quarter of 2011. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the proposed transaction by the Syniverse board of directors.

If you are a shareholder of Syniverse, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

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