(Cincinnati and San Francisco; May 21, 2008) - Convergys Corporation (NYSE: CVG), a global leader in relationship management, announced today it has expanded the solution set available to communications service providers through the acquisition of Visage Mobile’s Subscriber Management Platform.
Visage Mobile is a leading provider of on-demand subscriber management solutions for Cable and Mobile network service providers, and virtual service providers such as MVNOs.
"For our existing and potential clients, this strategic acquisition of Visage’s Subscriber Management Platform extends the Convergys solution footprint, and provides a complementary technology to our existing Infinys product offerings,” said Bob Lento, president of Information Management at Convergys. “Convergys’ integration of Visage’s service provisioning capability across cable and mobile service verticals, and its subscriber management solutions for global MVNOs, will help Convergys continue to deliver industry leading converged services capabilities to our clients around the world.”
Visage Mobile's Subscriber Management Platform is tested and proven in the market, and currently serves the mobile subscribers of Embarq Corporation (NYSE:EQ). Through its long-standing relationship with Visage, Convergys has been supporting Embarq since its wireless launch, and has assumed the contract with Embarq.
The cash acquisition closed this week and was neutral to Convergys’ 2008 earnings.
About Visage Mobile
Visage Mobile is a leading provider of on-demand mobility management solutions for enterprises. Its flagship software solution, MobilityCentral, brings visibility and control to the complex and fragmented world of enterprise mobility. Founded in 2001, Visage Mobile has been recognized as a Red Herring 100 winner and an IDC Ten Emerging Wireless Players to Watch.
Additional information is available at www.visagemobile.com
About Convergys
Convergys Corporation (NYSE: CVG) is a global leader in relationship management. We provide solutions that drive more value from the relationships our clients have with their customers and employees. Convergys turns these everyday interactions into a source of profit and strategic advantage for our clients.
For 25 years, our unique combination of domain expertise, operational excellence, and innovative technologies has delivered process improvement and actionable business insight to clients that now span more than 70 countries and 35 languages.
Convergys is a member of the S&P 500 and has been voted a Fortune Most Admired Company for eight consecutive years. We have approximately 75,000 employees in 85 customer contact centers and other facilities in the United States, Canada, Latin America, Europe, the Middle East, and Asia, and our global headquarters in Cincinnati, Ohio. For more information, visit
www.convergys.com
(Convergys, Inifinys, and the Convergys logo are registered trademarks of Convergys Corporation.)
To receive Convergys news releases by email, click on http://www.convergys.com/news_email.html
Contacts:
Business and Financial Media - John Pratt
+1 513 723 3333 or john.pratt@convergys.com
Trade Media - Jeff Hazel
+1 513 723 7153 or jeff.hazel@convergys.com
Visage Mobile is a leading provider of on-demand subscriber management solutions for Cable and Mobile network service providers, and virtual service providers such as MVNOs.
"For our existing and potential clients, this strategic acquisition of Visage’s Subscriber Management Platform extends the Convergys solution footprint, and provides a complementary technology to our existing Infinys product offerings,” said Bob Lento, president of Information Management at Convergys. “Convergys’ integration of Visage’s service provisioning capability across cable and mobile service verticals, and its subscriber management solutions for global MVNOs, will help Convergys continue to deliver industry leading converged services capabilities to our clients around the world.”
Visage Mobile's Subscriber Management Platform is tested and proven in the market, and currently serves the mobile subscribers of Embarq Corporation (NYSE:EQ). Through its long-standing relationship with Visage, Convergys has been supporting Embarq since its wireless launch, and has assumed the contract with Embarq.
The cash acquisition closed this week and was neutral to Convergys’ 2008 earnings.
About Visage Mobile
Visage Mobile is a leading provider of on-demand mobility management solutions for enterprises. Its flagship software solution, MobilityCentral, brings visibility and control to the complex and fragmented world of enterprise mobility. Founded in 2001, Visage Mobile has been recognized as a Red Herring 100 winner and an IDC Ten Emerging Wireless Players to Watch.
Additional information is available at www.visagemobile.com
About Convergys
Convergys Corporation (NYSE: CVG) is a global leader in relationship management. We provide solutions that drive more value from the relationships our clients have with their customers and employees. Convergys turns these everyday interactions into a source of profit and strategic advantage for our clients.
For 25 years, our unique combination of domain expertise, operational excellence, and innovative technologies has delivered process improvement and actionable business insight to clients that now span more than 70 countries and 35 languages.
Convergys is a member of the S&P 500 and has been voted a Fortune Most Admired Company for eight consecutive years. We have approximately 75,000 employees in 85 customer contact centers and other facilities in the United States, Canada, Latin America, Europe, the Middle East, and Asia, and our global headquarters in Cincinnati, Ohio. For more information, visit
www.convergys.com
(Convergys, Inifinys, and the Convergys logo are registered trademarks of Convergys Corporation.)
To receive Convergys news releases by email, click on http://www.convergys.com/news_email.html
Contacts:
Business and Financial Media - John Pratt
+1 513 723 3333 or john.pratt@convergys.com
Trade Media - Jeff Hazel
+1 513 723 7153 or jeff.hazel@convergys.com
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