AudioCodes Ltd. 'Announces Agreement to Acquire Nuera Communications' Conference Call - Research and Markets offers a brief of 'AudioCodes Ltd.' Conference Call.DUBLIN, Ireland -- The AudioCodes Ltd. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AUDC AUDC Austin Development Center AUDC Audio Converter AUDC Audio Codec ) Corporate Conference Call took place on 16-May-06 9:00am ET. E[acute accent]AUDC reported that under the terms of the agreement, it is expected to pay Nueras stockholders $85m in cash at closing, subject to reduction for certain expenses. AUDC will agree to pay up to additional $5m in cash based on the achievement of revenue milestones by the Nuera business during the 12 months following the closing of the transaction. Pro forma As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts. The phrase pro forma EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format. in 2006 is expected to increase by $0.02. E[acute accent]More information on this Conference Call can be obtained from Research and Markets at http://www.researchandmarkets.com/transcripts/89251 E[acute accent]This document provides a non-biased summary of the conference call detailing the key points and the full Q&A session. |
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