Business Services Industry
j2 Global Acquires RapidFax Business from Easylink Services International
Business Wire, Dec 13, 2007
LOS ANGELES -- j2 Global Communications, Inc. (NASDAQGS:JCOM), today announced that it has acquired the RapidFax(TM) business of Easylink Services International, including all RapidFax customers, the RapidFax trademark and other related assets.
Terms of the acquisition were not disclosed and the financial impact to j2 Global is immaterial.
About j2 Global Communications
Founded in 1995, j2 Global Communications, Inc. provides outsourced, value-added messaging and communications services to individuals and businesses around the world. j2 Global's network spans greater than 2,900 cities in 42 countries on five continents. The Company offers faxing and voicemail solutions, document management solutions, Web-initiated conference calling, and unified-messaging and communications services. j2 Global markets its services principally under the brand names eFax[R], j2[R], jConnect[R], JFAX(TM), eFax Corporate[R], Fax.com(TM), Onebox[R], Electric Mail[R], jBlast[R], eFax Broadcast(TM), eVoice[R], PaperMaster[R], Consensus(TM), M4 Internet[R], YAC[R] and Protofax[R]. As of December 31, 2006, j2 Global had achieved 11 consecutive fiscal years of revenue growth and 5 consecutive fiscal years of positive and growing operating earnings. For more information about j2 Global, please visit www.j2global.com.
"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995: Certain statements in this Press Release are "forward-looking statements" within the meaning of The Private Securities Litigation Act of 1995. These forward-looking statements are based on management's current expectations or beliefs and are subject to numerous assumptions, risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These factors and uncertainties include, among other items: The ability to successfully integrate the RapidFax business into the Company's operations and otherwise derive benefit from the acquisition, subscriber growth and retention; protection of the Company's proprietary technology or infringement by the Company of intellectual property of others; the risk of adverse changes in the U.S. or international regulatory environments surrounding unified messaging and telecommunications, including but not limited to the imposition of additional taxation or regulatory-related fees; and the numerous other factors set forth in j2 Global's filings with the Securities and Exchange Commission ("SEC"). For a more detailed description of the risk factors and uncertainties affecting j2 Global, refer to the 2006 Annual Report on Form 10-K filed by j2 Global on March 12, 2007, and the other reports filed by j2 Global from time-to-time with the SEC, each of which is available at www.sec.gov.
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