Business News

Intervoice To Recess Today’s Annual Shareholders’ Meeting

2008-07-16 05:53:00

Meeting to Be Recessed Due to Merger Agreement with Convergys

DALLAS–(EMWNews)–Intervoice, Inc. (NASDAQ: INTV) announced today that it intends to

convene and then immediately recess its 2008 annual meeting of

shareholders in light of the Companys

entering into an Agreement and Plan of Merger with Convergys Corporation

(NYSE: CVG). The Companys Board of Directors

believes it is in the best interest of shareholders to recess the

meeting to permit the Companys shareholders

to take into account the proposed Convergys transaction prior to voting

on the election of the Companys directors. No

action regarding the transaction itself is expected at the reconvened

meeting, and only the election of directors and the ratification of the

Companys independent registered public

accounting firm will be addressed.

The 2008 annual meeting is scheduled to take place at 10:00 a.m., local

time today, at the Renaissance Hotel, 900 East Lookout Drive,

Richardson, Texas 75082. The Company intends to entertain a motion to

recess the annual business meeting until July 28, 2008 at 10:00 a.m.,

local time, to be held at the offices of Fulbright & Jaworski L.L.P.,

2200 Ross Avenue, Suite 2800, Dallas, Texas 75201. The May 30, 2008

record date for shareholders entitled to vote at the 2008 annual meeting

has not been changed.

About Intervoice

Intervoice is a world leader in delivering natural, intuitive ways for

people to interact, transact and communicate. Intervoice software and

professional services enable innovative voice portal, IP contact center,

hosted and mobile messaging and self-service applications. More than

5,000 customers in 80 countries have relied on Intervoice, including

many of the worlds leading financial and

healthcare institutions, telecommunications companies, utilities, and

governments. For more information, visit www.intervoice.com.

Important Information

This press release is neither an offer to purchase nor a solicitation of

an offer to sell securities. The tender offer for the outstanding shares

of Intervoice common stock described in this press release has not

commenced. At the time the expected tender offer is commenced, Convergys

will file a tender offer statement on Schedule TO with the Securities

and Exchange Commission, and Intervoice will file a

solicitation/recommendation statement with respect to the tender offer.

Investors and Intervoice shareholders are strongly advised to read the

tender offer statement (including the offer to purchase, letter of

transmittal and other offer documents) and the related

solicitation/recommendation statement because they will contain

important information. When available, the offer to purchase, the

related letter of transmittal and certain other offer documents, as well

as the solicitation/recommendation statement, will be made available to

all shareholders of Intervoice at no expense to them. These documents

will also be available at no charge on the Securities and Exchange

Commissions website at www.sec.gov.

Cautionary Statement Regarding Forward-Looking Statements

Intervoice has included in this press release certain forward-looking

statements within the meaning of the Private

Securities Litigation Reform Act of 1995, and Section 27A of the

Securities Act of 1933, as amended, and Section 21E of the Securities

Exchange Act of 1934, as amended, concerning its business and operations

that are based on managements current

beliefs. All statements other than statements of historical fact in this

press release are forward-looking statements. Readers are cautioned to

read the risks and uncertainties described in the Companys

filings with the Securities and Exchange Commission, including without

limitation, the risks and uncertainties set forth under Item 1A Risk

Factors in the Companys

Annual Report filed on Form 10-K and Quarterly Reports filed on Form

10-Q. There are also risks associated with the transaction with

Convergys Corporation announced on July 16, 2008. These factors include,

but are not limited to, the timing and completion of an all cash tender

offer for the outstanding shares of the Company; the ability to complete

the tender offer and subsequent merger on the terms contemplated; the

anticipated impact of the acquisition on the Companys

operations and financial results and risks that the proposed transaction

disrupts current plans and operations of the Company. Further

information concerning those risks will be included in the Companys

filings with the Securities and Exchange Commission in response to the

tender offer. Intervoice cautions current and potential investors that

such risks and uncertainties could result in material differences from

the forward-looking statements in this press release, and investors

should not place reliance on forward-looking statements as a prediction

of future results. We undertake no obligation to update or revise any

forward-looking statement.

Intervoice, Inc.
Rob Sutton, 972-454-8891
[email protected]

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