Black Box Corporation Announces Acquisition of Nu-Vision Technologies; Nu-Vision Technologies (NUVT) Represents Approximately $55 Million in Historical Voice Services Annual Revenue.PITTSBURGH Pittsburgh (pĭts`bərg), city (1990 pop. 369,879), seat of Allegheny co., SW Pa., at the confluence of the Allegheny and the Monongahela rivers, which there form the Ohio River; inc. 1816. , Pa. -- Black Box Corporation (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 :BBOX) today announced the acquisition of Nu-Vision Technologies (NUVT) a privately-held company based out of Amityville, NY. NUVT has an active customer base which includes commercial, education and various government agency accounts. Annual revenues of NUVT were approximately $55 million for the twelve months ended December December: see month. 31, 2005. Dwayne Dwayne is a given name for a male. Its origin is in the northern British Isles, and is derived from "D'Wain," meaning "of Wagons". In the United States, the spelling Dwayne is typically favored by African-Americans, who also employ variants such as Dwane, D'Wan, and DeWayne. Diesu, former owner and President of NUVT, commented, "We are excited about the opportunity of joining Black Box and its world-class world-class adj. 1. Ranking among the foremost in the world; of an international standard of excellence; of the highest order: a world-class figure skater. 2. leadership team. Our joining forces will extend and enhance our ability to provide our customers with a broader suite of services." Dwayne will remain active as Vice President and General Manager. Commenting on the acquisition, Terry Blakemore, Vice-President of Corporate Business Development, stated, "NUVT is an outstanding company with a reputation for providing high quality voice and data services. Together, we should be able to leverage our combined strengths to enhance our national operating coverage and provide our client base with the industry's best data, voice and hotline 1. (company) Hotline - Hotline Communications Ltd.. 2. (messaging) Hotline - Hotline Connect. technical services." This transaction is being accounted for as a purchase. The purchase price has not been disclosed. About Black Box Black Box is the world's largest technical services company dedicated to designing, building and maintaining today's complicated data and voice infrastructure systems. Black Box services 152,000 clients in 141 countries with 168 offices throughout the world. To learn more, visit the Black Box website at www.blackbox.com. Black Box and the Double Diamond logo are registered trademarks of BB Technologies, Inc. |
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