Novation Companies Acquires IVR Central
08 Novembro 2012 - 12:05PM
Marketwired
Novation Companies, Inc., (OTCQB: NOVC) announced today a majority
acquisition of cloud-based business communications company IVR
Central, LLC. Subsequent to the acquisition, the name was changed
to CorvisaCloud LLC and products will be delivered under the
CorvisaCloud brand. This is the fifth acquisition for Novation, a
company that owns and operates early-stage businesses in the
technology-enabled services industry.
CorvisaCloud, based in Milwaukee, provides a complete suite of
customizable call center and small business voice communications
solutions. Leveraging a cloud-based platform to ensure
affordability and scalability, CorvisaCloud's products include IVR
(Interactive Voice Response), Visual IVR, virtual desktop
telephony, ACD (Automated Call Distribution), dialer, voice
broadcasting, and secure call recording with phonetic search.
"Novation has used CorvisaCloud's products during the past year
to support our call centers. Their functionality and customization
capabilities far exceeded any business-class solution we have used
over the years and we knew that their technologies, culture and
innovative approach to solving business problems fit what we look
for in a Novation company," said Lance Anderson, Novation chief
executive officer. "By connecting them with Novation's operational
leadership capabilities and shared services, we will help them
expand the breadth and depth of their product suite and market
reach."
CorvisaCloud will be the first product line introduced by the
new products division of Novation subsidiary and technology company
Corvisa Services LLC, based in Milwaukee. To date, Corvisa has
developed industry-leading technologies and provided shared
services for the Novation portfolio companies.
"Business leaders are always seeking ways to reduce overhead
costs and capital expenses, and a growing number of businesses are
looking at cloud-based solutions to accomplish that. CorvisaCloud's
cloud-based platform addresses a real challenge that call centers
and small businesses alike face -- the difficulty of balancing
business and customer service best practices with upfront and
ongoing cost management," said Steve Haslam, Novation chief
operating officer. "Now we can provide a 'one-stop' communications
suite that enables businesses of all sizes to achieve
enterprise-level communications and call center functionality at
substantially reduced costs."
Paul Gregory, Novation's director of business development, will
take over as managing director of CorvisaCloud.
About Novation Companies, Inc.
Novation Companies, Inc. owns and operates early-stage
businesses in the technology-enabled services industry. Novation
currently owns majority interests in StreetLinks LLC, Advent
Financial Services LLC and Mango Moving LLC. It trades on the Pink
Sheets under the symbol NOVC. For more information, please visit
www.novationcompanies.com or contact Matt Kaltenrieder, Investor
Relations, 816-237-7508 or ir@novationcompanies.com.
About CorvisaCloud
CorvisaCloud is a call center communications technology company
that provides a suite of cloud-based business solutions, including
interactive voice response, automated call distribution, automated
dialing and secure call recording. CorvisaCloud's full call center
replacement solution allows for the elimination of legacy
on-premise phone systems and includes integration to multiple
leading CRM and operational management platforms. Our fully hosted
and highly scalable solutions help to eliminate the barrier of
upfront expenditures that prohibit many call centers from
implementing their ideal voice communications platform. For more
information, please visit www.corvisacloud.com.
Forward-Looking Statements
Statements in this press release regarding the Company and its
business, which are not historical facts, are "forward-looking
statements" within the meaning of Section 21E of the Securities
Exchange Act of 1934, as amended. Forward-looking statements are
those that predict or describe future events and that do not relate
solely to historical matters and include statements regarding
management's beliefs, estimates, projections, and assumptions with
respect to, among other things, our future operations, business
plans and strategies, as well as industry and market conditions,
all of which are subject to change at any time without notice.
Words such as "believe," "expect," "anticipate," "promise," "plan,"
and other expressions or words of similar meanings, as well as
future or conditional verbs such as "would," "should," "could," or
"may," are generally intended to identify forward-looking
statements. No assurances can be given that any of the events
anticipated by the forward-looking statements will transpire or
occur, or if any of them do so, regarding the impact they will have
on the results of operations or financial condition of the Company.
This press release speaks only as of its date, and the Company
expressly disclaims any duty to update the information herein
except as required by federal securities laws.
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