VMI

Applied Voice & Speech Technologies, Inc. (AVST) announced that it has signed a Letter of Intent to purchase certain assets from Voice Mobility International, Inc. (VMI), particularly the Voice Mobility UCN250 Software as a Service platform. The exact terms of the transaction, however, were not disclosed.

The UCN250 is a Linux and SIP-based SaaS platform that AVST will integrate into its unified communications solution portfolio, thus accelerating AVST's ability to address the ever-growing communications requirements of customers.