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Enghouse Systems Acquires Albatross Scandinavia AB

Date : 12/04/2012 @ 3:30AM
Source : Marketwired
Stock : Enghouse Systems Ltd. (ESL)
Quote : 50.03  -0.17 (-0.34%) @ 1:29AM
Enghouse Systems share price Chart

Enghouse Systems Acquires Albatross Scandinavia AB

Enghouse Systems (TSX:ESL)
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3 Years : From Apr 2012 to Apr 2015

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Enghouse Systems Limited (TSX:ESL) announced today it has acquired Albatross Scandinavia AB (Albatross).

Headquartered in Stockholm, Sweden, Albatross offers a real-time, IN (Intelligent Network) platform that delivers voice and SMS routing products to telecom operators in nine countries. The solutions are provided via a managed services model and support a wide range of protocols and applications for traditional TDM, as well as next generation SIP, ENUM and IMS protocols.

"This acquisition is very complementary to Enghouse's Pulse Intelligent Network platform and rounds out the solution offering to include licensed on-premise, hosted and managed services delivery models to telecommunications operators around the world," stated Sunil Diaz, General Manager, Enghouse Networks Group.

About Enghouse Systems Limited

Enghouse Systems Limited is a leading global provider of enterprise software solutions serving a variety of vertical markets. Its strategy is to build a large diverse enterprise software company through strategic acquisitions and managed growth. Enghouse shares are listed on the Toronto Stock Exchange (TSX:ESL). Further information about Enghouse may be obtained from its website at www.enghouse.com.

About Albatross Scandinavia AB

Albatross is a Swedish based company with a global focus to meet the increasing demands from telecom operators for specialized network development and core operational solutions typically not offered by traditional industry vendors. The company operates out of offices in Sweden and Belgium. For more information, please visit www.albatross.com.

Contacts: Enghouse Systems Limited Stephen Sadler Chairman & CEO (905) 946-3200

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