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eOn Communications Invests in Symbio Group
Companies Partner to Offer Advanced Customer Interaction Management Outsourcing Solutions
SAN JOSE, CA (August 2, 2007) – eOn Communications Corporation™ (NASDAQ: EONC), a leading provider of telecommunications solutions, today reported that the Company has made a strategic investment in Symbio Group ("Symbio"). Symbio is the leading China-based provider of software development, testing, and globalization outsourcing services to multinational companies.
The investment forms a partnership between the two organizations that establishes eOn as the preferred provider of telephony and contact center solutions for Symbio’s outsourcing engagements requiring customer interaction management. eOn also gains the ability to provide Symbio outsourcing services to its customer base.
With the investment, David S. Lee, Chairman and CEO of eOn will become a member of Symbio’s Board of Directors. Mr. Lee stated, “With its rapidly expanding technical workforce and low-cost wage environment, China is quickly emerging as a leading destination for business processing outsourcing.We are very pleased to be working with Symbio in their efforts to help Global 1000 companies leverage the business benefits made possible by outsourcing operations to China.”
Founded in 1994, Symbio helped pioneer the information technology and product development life cycle outsourcing industry in China. Since then it has amassed a client list of leading multinational companies that includes, IBM, Microsoft, Oracle, ING, AIG, Nokia, Citibank and many others.
“We are excited to partner with eOn, a leader in telephony, communications and contact center solutions,” stated Richard Le, Symbio’s CEO. Mr. Le added, “This relationship will allow us to leverage both the technology and market expertise of a very talented eOn team in the creation of advanced outsourcing solutions that meet the growing customer interaction management needs of our clients.”
About eOn Communications
eOn Communications Corporation is a global provider of innovative communications solutions. Backed by over 20 years of telecommunications engineering expertise, our solutions enable our customers to easily leverage advanced technologies in order to communicate more effectively. To find out more information about eOn Communications and its solutions, visit the World Wide Web at www.eoncommunications.com, or call 800-955-5321.
About Symbio
Symbio leverages China outsourcing teams to help companies become global leaders. It helps organizations accelerate their software development and testing cycles by optimal application of its global resources and delivery models. Symbio also localizes and supports technology products for any language or locale. Founded in 1994 by a group of engineers from IBM's international research and development labs in Asia, Symbio now functions as a cost-effective and highly efficient extension of an organization's development, testing and globalization teams. Symbio's clients are among the world's elite companies including: AOL, BMC, CA, Citigroup, EMC, FileNet, IBM, MasterCard, Mercedes- Benz, Microsoft, Nokia, Oracle, Palm, Sony, as well as more than 300 other leading organizations.
Note:
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties, including technical and competitive factors, which could cause the Company's results and the timing of certain events to differ materially from those discussed in the forward-looking statements. Such risks are detailed in eOn Communications Corporation's most recent Form 10-Q filing with the Securities and Exchange Commission.
eOn Communications Corporation, the mark eOn, and eQueue are trademarks of eOn Communications Corporation.
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