Comverse Technology Subsidiary, Ulticom, Inc., Announces Initial Public Offering Of 4,250,000 Shares At $13 Per Share.Business Editors WOODBURY, NY--(BUSINESS WIRE)--April 4, 2000 Comverse Technology, Inc. (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 : CMVT CMVT Converse Technology ) today announced that its subsidiary, Ulticom, Inc. (NASDAQ: ULCM ULCM United Lutheran Church Men ), a provider of network signaling software for wireless, wireline, and Internet communication services, has completed its initial public offering of 4,250,000 shares of its common stock at an initial public offering price of $13 per share. The shares, all of which are being offered by Ulticom, will be quoted on the NASDAQ National Market under the symbol "ULCM." Ulticom has also granted the underwriters the right to purchase up to 637,500 additional common shares within 30 days to cover over-allotments, if any. Lehman Brothers is the lead managing underwriter Managing underwriter The leading firm in an underwriting group, which originates the deal and acts as an agent for the group. managing underwriter See lead underwriter. for the offering. Chase H&Q, U.S. Bancorp Piper Jaffray and Fidelity Capital Markets, a division of National Financial Services Corporation, are serving as co-managing underwriters. A copy of the final prospectus Final Prospectus A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors. Notes: The final prospectus must be given to every investor who purchases a new issue of registered securities. relating to these securities may be obtained from Lehman Brothers Inc., Three World Financial Center, Prospectus Department, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10285 (212-526-7000). A registration statement relating to these securities was filed and declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Comverse Technology, Inc., headquartered in Woodbury, New York Woodbury is the name of some places in the U.S. state of New York:
While online, a software application displays users the Caller ID of the incoming call, and gives users the opportunity to screen the incoming , and other personal communication services (communications) Personal Communication Services - (PCS) Telecommunications services that bundle voice communications, numeric and text messaging, voice-mail and various other features into one device, service contract and bill. PCS are carried over cellular links, most often digital. . Comverse's Infosys Division's products include: multiple channel, multimedia digital monitoring systems marketed to law enforcement and intelligence agencies; and multiple channel, multimedia digital recording, logging, and quality monitoring systems marketed to call centers, financial institutions and other organizations. Comverse's Ulticom subsidiary is a leading provider of network signaling software for wireless, wireline, and Internet communication services. Comverse Technology is an S&P 500 and NASDAQ-100 Index company. |
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