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MIR3 Announces Completion of TelAlert Acquisition - Industry Consolidation Continues

Integrated Company Now Single Source for Strategic Enterprise-Wide IT and Business Continuity Intelligent Notifications

SAN DIEGO, CA --[EMERGENCY NOTIFICATION NEWS]-- August 27, 2007 - MIR3™, the technology leader in Intelligent Notification (IN®) solutions for global enterprises, today announced the completion of its acquisition of the TelAlert software business unit of CalAmp Corporation (NASDAQ:CAMP), a leading provider of wireless products, systems and services headquartered in Oxnard, California.

CalAmp previously announced that the transaction was valued at approximately $10M in cash, a note and preferred stock in privately-held MIR3. For many years TelAlert has been the industry leader in wireless notification for IT, providing enterprise customers with the communications infrastructure to meet critical service-levels.

TelAlert integrates with major IT infrastructure management applications including HP OpenView, HP ServiceCenter, BMC Remedy and Tivoli®; databases such as Oracle® and Sybase®; and system architectures from IBM®, Hewlett-Packard, Sun®, Microsoft® and Red Hat®. Thousands of companies, including 80 of the Fortune 100 U.S. companies and a growing number of global companies in Europe, Asia and Latin America, have deployed TelAlert’s software solutions.

Amir Moussavian, MIR3 president and CEO, said, "The acquisition of TelAlert creates the only global enterprise notification platform and allows us to provide superior market solutions based on leading IT and business continuity/disaster recovery (BC/DR) notification technology. Through our extended suite of products and services, MIR3 is now positioned as a single-vendor source for all aspects of strategic enterprise-wide IT, BC/DR and supply chain management notifications.” Moussavian added, “TelAlert’s existing customers should rest assured that MIR3 is committed to providing the best product and customer support in the industry without interruption while preserving our customers’ investments in integration of their current TelAlert solutions with their IT enterprise systems.”

MIR3’s OEM and channel partners now have access to a richer, more scalable solutions portfolio that spans the realm of intelligent enterprise communications and includes hosted, installed and mobile solutions. MIR3 is committed to maintaining and sustaining all of the business and technical resources needed to support TelAlert and MIR3 customers and partners.

New Customer Appreciation Pricing Program Announced

In conjunction with the acquisition, MIR3 is rolling out the Customer Appreciation Pricing (CAP) program, designed to make it easy for TelAlert’s users to upgrade to TelAlert 6e. CAP is a unique, limited-time offer that gives customers full credit for every dollar they spent on their most recent TelAlert Messaging Server software purchases toward the purchase of a new TelAlert 6e configuration. TelAlert 6e is specifically designed as an enterprise messaging system that provides a fully integrated and assured communication channel by making use of existing corporate portals, databases and business applications. Built on top of the market-leading messaging engine, the TelAlert 6e SOA platform extends the service beyond IT and network management usage to include the global enterprise. To take advantage of the CAP offer, customers must commit to the upgrade by October 30, 2007. Customers may phone 1-510-903-4072 or email sales@telalert.com for CAP program details; or visit www.telalert.com/CAP.

“For the long term, customer relationships are unquestionably more important to us than an individual sale,” Moussavian said. “We’re determined to provide the best ongoing support to loyal TelAlert customers. The CAP offering signals our intention to be a vested partner in their success.”



Source: Vendor Press Release

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