Vertical Completes Acquisition of Comdial Assets

CAMBRIDGE, Mass. -- Vertical Communications (ASFT.OB), a leading provider of next-generation, IP-based phone systems and applications that help businesses better serve their customers, announced that it successfully completed its acquisition of substantially all of the assets of Comdial Corporation.

“We’re delighted to have completed the Comdial acquisition, and look forward to welcoming the Comdial employees and dealers to the Vertical team,” said Bill Tauscher, Chairman and CEO of Vertical Communications. “With the addition of the Comdial products, channel and talent, Vertical is even better positioned to accelerate our vision of helping customers transform phone systems and voice applications from expense items to business intelligence weapons that help organizations deliver exceptional customer service, dramatically reduce communications costs and significantly improve the operational efficiency of their businesses.”

The combination of Vertical and Comdial has created a significant player in the phone systems and voice applications marketplace, with the momentum to make a greater impact on the IP telephony space. The combined company has shipped more than 400,000 traditional and IP-PBX phone systems, and now features more than 270 employees in five principal locations in the United States and EMEA, and an active channel of more than 1,100 value-added resellers, distributors and systems integrators worldwide.

About Vertical Vertical Communications, Inc. is a leading provider of next-generation IP-based voice and data communications systems for business. Vertical combines voice and data technologies with business process understanding to deliver integrated IP-PBX and application solutions that enhance customer service and business productivity. Vertical's customers are leading companies of all sizes – from small to large and distributed – and include CVS/pharmacy, Household International and Apria Healthcare. Vertical is headquartered in Cambridge, Mass. and delivers its solutions through a worldwide network of systems integrators, resellers and distributors. For more information, please visit the company's Website at www.vertical.com.