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Contact:
info@aquiscommunications.com
For Immediate Release:
December 20, 2006
ComSoft Corporation of Virginia, a full service telecommunications & software development company, today announced it has completed the acquisition of assets belonging to Aquis Communications, Inc. and Satellink Communications, Inc. ComSoft was the senior secured debt holder and majority shareholder of Aquis Communications, Inc. Additionally, ComSoft acquired the assets of Satellink Communications, Inc. through a UCC Article 9 sale. ComSoft intends to integrate the Aquis and Satellink operations and employees with those of ComSoft and their affiliate company ComServe Corporation. Through seamless transitions there will be no interruption of service to customers.
ComSoft intends to expand their telecommunication offerings nationally under the Aquis Communications brand. “Aquis has done a superb job of branding the company and they have name recognition throughout the country”, said Richard Gdovic, Chairman of ComSoft Corporation. “Aquis’ and Satellink’s reputation for quality service, and diverse product offerings as well as Aquis’ acquisition strategy will be key to our success. We share a common vision of being a single source for telecommunications by simplifying today’s technology.” Customers of the combined companies should expect to see bundled service offerings and single-bill invoicing. Aquis and ComSoft have collectively completed over 40 acquisitions and helped retired nearly $100 million in debt. The resulting company has a healthy balance sheet with good cash flow, minimal debt and access to capital.
ComSoft intends to keep operating the majority of office locations of Aquis in New Jersey , Pennsylvania , and Virginia and Satellink’s offices in Tennessee , Georgia , and Louisiana . “Customers will realize the benefits of the acquisitions right away through improved customer service and billing,” adds Gdovic.
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About ComSoft Corporation
ComSoft Corporation, Inc., and its affiliate ComServe Corporation, headquartered in Yorktown, VA, is a leading full-service telecommunications and software development company that provides affordable business and critical communication solutions and wireless product integration. Services and products include voice and data services, wireless messaging, cellular/PCS, telemetry, mobile radios, telecom consulting services, managed services (TEM) and a wide array of customized billing solutions. ComSoft’s client list consists of Fortune 500 companies, small to mid-sized companies and government agencies throughout the country. Additional ComSoft offices are located in Parsippany , NJ , Freehold, NJ, Tyson’s Corner, VA, Nashville , TN , Atlanta , GA , Shreveport , LA and Wilkes-Barre , PA.
For more information on ComSoft Corporation visit www.comservecorp.com or www.aquiscommunications.com.
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