GoAmerica(R) Announces Shareholder Votes at Annual Meeting; All Proposals Approved.
HACKENSACK, N.J., Dec. 13 /PRNewswire-FirstCall/ -- GoAmerica, Inc. , a provider of communications services for people who are deaf, hard-of-hearing, or speech-disabled, today announced that its shareholders have approved all of the proposals considered at the Annual Meeting, including the Company's acquisition of Verizon's Telecommunications Relay Services (TRS See traffic engineering methods.
TRS - term rewriting system ) division and its merger with Hands On Video Relay Services, Inc.
Closing of each transaction is subject to the receipt of all required regulatory approvals from the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). and the States of California and Tennessee. Final approval has been obtained from the District of Columbia and in both California and Tennessee the public service commission of each state has approved the transfer of Verizon's TRS division to GoAmerica. The Company is awaiting receipt of certain required state contract approvals from California and Tennessee.
About Telecommunications Relay Services
Telecommunications Relay Services ("telerelay services"), created by Title IV of the Americans with Disabilities Act of 1990 ("ADA"), enable an individual with a hearing or speech disability to communicate by telephone or other device through the telephone system with a person without such a disability through a communications assistant ("CA") at a relay center.
Internet-based telerelay services are delivered in both text- and video- based forms. Text-based services, often called "IP relay", enable deaf or hard of hearing callers to place calls by using a Web-connected computer or wireless handheld device that is connected to a relay operator. The CA calls the voice number and then verbally speaks the text message typed by the deaf caller to the hearing recipient and types the hearing party's responses back to the deaf party.
Using video relay services ("VRS (Video Relay Service) A communications service for the hearing or speech impaired. A VRS is the video counterpart of a TTY relay service, in which the user types on a terminal, and the relay operator speaks the messages to the recipient (see TDD/TTY). "), a deaf caller begins a call by communicating directly with a sign language interpreter over a live video connection, either on a webcam-equipped PC or a set-top videophone (1) (VideoPhone) A line of videophones (definition #1 below) from AT&T that were introduced in the early 1990s and later pulled off the market due to poor sales. The first models came with a price tag above $1,000, and a pair were needed. See Picturephone. ; the interpreter places the call on the deaf person's behalf, and translates the sign language into audible speech for the hearing person, and back into sign language for the deaf caller. This real-time call enables a deaf person to have phone conversations with hearing friends, family, and colleagues more naturally using sign language.
Telerelay service providers, such as GoAmerica, receive reimbursement either directly from state contracts, or from a pool of funds that are collected from telephone carriers by the Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. ("FCC (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S. ") and are administered by the National Exchange Carriers Association ("NECA NECA National Electrical Contractors Association
NECA National Exchange Carrier Association
NECA National Electrical and Communications Association (Australia)
NECA National Electricity Code Administrator (Australia) "), based on the number of conversation minutes handled by each provider.
About Hands On Video Relay Services, Inc.
Hands On is a recognized leader in VRS throughout the country and is the second largest VRS provider in the nation. Hands On has been serving the needs of the deaf and hard-of- hearing community since 1992 when it first established Hands On Sign Language Services, Inc., a community based sign language services agency. Hands On is committed to removing communication barriers for deaf and hard-of-hearing individuals while providing quality services they can rely on. Hands On is a linguistically diverse company that employs both deaf, hard-of-hearing and hearing employees.
GoAmerica provides a wide range of wireless and relay communications services, customized for people who are deaf, hard-of-hearing or speech- disabled. The Company's vision is to improve the quality of life of its customers by being their premier provider of innovative communication services. For more information on GoAmerica or its services, visit http://www.goamerica.com/ or contact GoAmerica directly at TTY (TeleTYpewriter) See teletypewriter and TDD/TTY.
(hardware) tty - /tit'ee/ (ITS pronunciation, but some Unix people say it this way as well; this pronunciation is not considered to have sexual undertones), /T T Y/
2. 201-527-1520, voice 201-996-1717 or via Internet Relay by visiting http://www.i711.com/.
Safe Harbor Safe Harbor
1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.
2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
The statements contained in this news release that are not based on historical fact constitute "forward-looking statements" that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements may be identified by the use of forward-looking terminology such as "may", "will", "expect", "estimate", "anticipate", "continue" or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve risks and uncertainties, including, but not limited to: (i) our limited operating history; (ii) our ability to respond to the rapid technological change of the wireless data industry and offer new services; (iii) our dependence on wireless carrier networks; (iv) our ability to respond to increased competition in the wireless data industry; (v) our ability to integrate acquired businesses and technologies; (vi) our ability to generate revenue growth; (vii) our ability to increase or maintain gross margins, profitability, liquidity and capital resources; and (viii) difficulties inherent in predicting the outcome of regulatory processes. Such risks and others are more fully described in the Risk Factors set forth in our filings with the Securities and Exchange Commission. Our actual results could differ materially from the results expressed in, or implied by, such forward-looking statements. GoAmerica is not obligated to update and does not undertake to update any of its forward-looking statements made in this press release. Each reference in this news release to "GoAmerica", the "Company" or "We", or any variation thereof, is a reference to GoAmerica, Inc. and its subsidiaries. "GoAmerica", the "GoAmerica" logo, "i711", and the "i711.com" logo, and "Relay and Beyond" are registered trademarks of GoAmerica. "i711.com" and "i711 Wireless" are trademarks and service marks of GoAmerica. Other names may be trademarks of their respective owners.
CONTACTS: GoAmerica Laura Kowalcyk Cubitt Jacobs & Prosek firstname.lastname@example.org 212-279-3115 x209
CONTACT: Laura Kowalcyk of Cubitt Jacobs & Prosek for GoAmerica, +1-212-279-3115 x209, email@example.com
Web site: http://www.goamerica.com/ http://www.i711.com/