Contact Center Industry News

TMCNet:  Intelligent Communication Enterprise and One Horizon Group Progress Towards Closing

[November 23, 2012]

Intelligent Communication Enterprise and One Horizon Group Progress Towards Closing

SINGAPORE and LONDON, Nov 23, 2012 (MARKETWIRE via COMTEX) -- Intelligent Communication Enterprise Corporation (OTCQB: ICMC) (ICE Corp) and One Horizon Group Plc. who entered into an Agreement of Securities Exchange in October 2012, jointly announced today that ICE Corp.'s offer has been accepted by 98% of the One Horizon Group shareholders. One Horizon Group are expecting 100% acceptance of the offer. The shareholders of One Horizon Group were offered 175.14 shares of ICE Corp's common stock in exchange for each One Horizon Group share. The transaction is subject to standard closing conditions contained in the Agreement of Securities Exchange. The companies are now working through certain compliance requirements in final preparation for closing which is expected to take place shortly.

"We are extremely pleased with the response from our shareholders which we regard as a resounding agreement with the company's decision to seek to be quoted in the US markets," stated Mark White, the CEO of One Horizon Group, who will assume the position of CEO for ICE Corp. upon closing. "One Horizon Group is well on track with its business plans and is currently trading to expectations. Upon closing this deal with ICE Corp we intend to actively pursue the objective criteria for listing on the NASDAQ Capital Market. We believe that a NASDAQ listing, instead of continued quotation on the OTC markets, will be hugely beneficial to both One Horizon Group shareholders and the existing ICE Corp shareholders," added Mr. White.

"One Horizon Group is a solid company with outstanding innovative products. I am pleased for all our shareholders, and would like to thank them for their patience and support, which I believe will be rewarded with much better prospects following the closing of this deal with One Horizon Group," commented Victor Jeffery the current CEO of ICE Corp.

About One Horizon Group One Horizon Group's business is to optimize communications over the Internet. It is the parent company of Horizon Globex. Horizon Globex develops the Group's Horizon solution, which is the world's most bandwidth-efficient mobile VoIP platform for smartphones, and also offers a range of other optimized data applications including messaging and mobile advertising. It is an ISO 9001 and ISO 20000-1 certified company. The Group has operations in the Switzerland, UK, China, Russia, India, Thailand, Singapore and Hong Kong. For more information on the company, its products and services, please visit About Intelligent Communication Enterprise Intelligent Communication Enterprise Corp. is a Pennsylvania, USA Corporation and is in the media and publishing business. ICE Corp stock trades in the over-the-counter market in the United States of America and is currently quoted for trading on the OTCQB market under the ticker symbol ICMC. For more information about ICE Corp. visit Safe Harbor Statement This news release may contain "forward-looking" statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ from those in the forward looking-statements.

Potential risks and uncertainties include such factors as the risk that the Agreement of Securities Exchange does not close. Additional risks and uncertainties are identified and described in Ice Corp's SEC reports. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. ICE Corp does not undertake, and ICE Corp specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events, or circumstances after the date of such statement.

CONTACT: Intelligent Communication Enterprise Corporation: Email Contact One Horizon Group Plc: Email Contact SOURCE: Intelligent Communication Enterprise Corporation id=C815A3D5FAD8C27D id=F3B5515F8E5BC12D

[ Back To Cloud Contact Center's Homepage ]


Featured Resources

Featured Report
Millennial Research on Customer Service Expectations

Millennial Research on Customer Service Expectations

The "why" behind this research is simple: our clients recognize that different generations bring different expectations, varied communication preferences and new customer service patterns to the customer experience...
Featured Report
Optimizing the Customer Experience through Cloud Contact Centers

Optimizing the Customer Experience through Cloud Contact Centers

Adoption of cloud contact centers is on the rise. Findings from Aberdeen's January 2014 'Public Cloud vs. On-Premise: How to More Effectively Deploy a Cloud Center' study shows that 31% of contact centers are deployed in the cloud, and our related blog post highlights that companies anticipate their adoption of cloud technology to rise further throughout 2014...
Featured Report
Aberdeen report

Aberdeen Report: Cloud for Mid-Sized Contact Centers – What You Must Know

Cloud Technology is opening new doors for many businesses. However, it does so only when it's combined with the use of best practices and key technology enablers. This document highlights the adoption of cloud technology by mid-size contact centers and illustrates the reasons driving their investments...
Featured Whitepaper
Aberdeen report

Seven Critical Capabilities to Demand From Your Cloud Contact Center Provider

To deliver a world-class customer experience, your contact center must be flexible and reliable, while providing all the tools agents and supervisors need to manage their workflows. Here are seven critical capabilities to look for when deploying a contact center in the cloud...
Featured Webinar

Contact Center Economics and the Cloud

Together, Bob and Drew will help you understand the economic value of upgrading technology, important business and financial considerations, and how to compare total cost of ownership of a premises vs. cloud or hosted solution. Watch the webinar on-demand now...
Featured Datasheet
Zipwire Cloud Contact Center

Zipwire Cloud Contact Center

The appeal of moving services to the cloud is obvious. Cloud services offer reliability and robust feature sets without the need to implement or maintain complex contact center infrastructure. The Zipwire™ cloud-based contact center allows businesses to leverage the flexibility and cost savings of cloud architecture while offering a seamless, first-class customer experience...