Syniverse Hlgs (NYSE:SVR)
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Syniverse Technologies (NYSE:SVR), a leading provider of technology and
business solutions for the global telecommunications industry, today
announced it has filed a shelf registration statement on Form S-3 with
the Securities and Exchange Commission which, when effective, will
permit the company and certain of its stockholders, from time to time,
to offer and sell up to 31,750,000 shares of the company’s
common stock. Syniverse plans to withdraw its current shelf registration
statement filed on Aug. 29, 2006, with the Securities and Exchange
Commission when the registration statement filed on June 8, 2007,
becomes effective.
A registration statement relating to these securities has been filed
with the Securities and Exchange Commission but has not yet become
effective. These securities may not be sold nor may offers to buy be
accepted prior to the time the registration statement becomes effective.
Any offering of securities covered by the registration statement will be
made only by means of a prospectus and related prospectus supplement.
When available, copies of the prospectus and related prospectus
supplement may be obtained from company. 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 in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state.
About Syniverse
Syniverse Technologies (NYSE:SVR) solutions allow more than 350
communications companies in over 50 countries to provide seamless mobile
services by making it possible for disparate technologies and standards
to interoperate. Syniverse's flexibility and customer focus permit its
customers to quickly react to market changes and demands, enabling the
delivery of everything from voice calls to sophisticated data and video
services wherever and whenever subscribers need them. Celebrating its
20th anniversary in 2007, Syniverse is headquartered in Tampa, Florida,
U.S.A., and has offices in major cities around the globe. Syniverse is
ISO 9001:2000 certified and TL 9000 approved, adhering to the principles
of customer focus and quality improvement practices.
Cautions about Forward-Looking Statements
This press release contains forward-looking statements, including
statements about business outlook and strategy, and statements about
historical results that may suggest trends for our business. These
statements are based on estimates and information available to us at the
time of this press release and are not guarantees of future performance.
Actual results could differ materially from our current expectations as
a result of many factors, including: unpredictable quarterly
fluctuations in our business; the effects of competition or consumer and
merchant use of our service; any adverse changes in our agreements with
our listings providers; the impact of international expansion efforts on
our business; and changes in our tax status. These and other risks and
uncertainties associated with our business are described in our filings
with the Securities and Exchange Commission.