LOS ANGELES, July 19, 2007 (PRIME NEWSWIRE) -- j2 Global Communications, Inc. (Nasdaq:JCOM), the provider of outsourced, value-added messaging and communications services, today announced that it has acquired YAC Limited, an Ireland-based provider of messaging services whose customers are predominantly located in the United Kingdom.
YAC, which stands for "you're always connected," develops and sells a broad range of hosted messaging and communications services, including Inbound Call Management, Fax to Email, Virtual Numbers, Audio Conferencing and Personal Numbers.
"Our acquisition of YAC underscores our commitment to continue to build our business in Europe and beyond," said Hemi Zucker, co-president and chief operating officer of j2 Global. "We are particularly pleased to have acquired YAC's broad array of service offerings and its team of experienced and skilled personnel."
Terms of the acquisition were not disclosed and the financial impact to j2 Global is immaterial.
About j2 Global Communications
Founded in 1995, j2 Global Communications, Inc. provides outsourced, value-added messaging and communications services to individuals and businesses around the world. j2 Global's network spans greater than 2,800 cities in 40 countries on five continents. The Company offers faxing and voicemail solutions, document management solutions, Web-initiated conference calling, and unified-messaging and communications services. j2 Global markets its services principally under the brand names eFax(r), j2(r), jConnect(r), JFAX(tm), eFax Corporate(r), Onebox(r), Electric Mail(r), jBlast(r), eFax Broadcast(tm), eVoice(r), PaperMaster(r), Consensus(tm), M4 Internet(r) and Protofax(r). As of December 31, 2006, j2 Global had achieved 11 consecutive fiscal years of revenue growth and 5 consecutive fiscal years of positive and growing operating earnings. For more information about j2 Global, please visit www.j2global.com.
The j2 Global Communications, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3907
"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995: Certain statements in this Press Release are "forward-looking statements" within the meaning of The Private Securities Litigation Act of 1995. These forward-looking statements are based on management's current expectations or beliefs and are subject to numerous assumptions, risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These factors and uncertainties include, among other items: The ability to successfully integrate YAC's business into the Company's operations and otherwise derive benefit from the acquisition of YAC, subscriber growth and retention; protection of the Company's proprietary technology or infringement by the Company of intellectual property of others; the risk of adverse changes in the U.S. or international regulatory environments surrounding unified messaging and telecommunications, including but not limited to the imposition of additional taxation or regulatory-related fees; and the numerous other factors set forth in j2 Global's filings with the Securities and Exchange Commission ("SEC"). For a more detailed description of the risk factors and uncertainties affecting j2 Global, refer to the 2006 Annual Report on Form 10-K filed by j2 Global on March 12, 2007, and the other reports filed by j2 Global from time-to-time with the SEC, each of which is available at www.sec.gov.