RollCall Business Conferencing Signs Letter of Intent for Purchase of Webcasting Technology Firm

09/14/09 | Ponte Vedra Beach, FL


RollCall Business Conferencing Solutions, a division of ILD Telecommunications, Inc. is pleased to announce that it has executed a Letter of Intent ("LOI") to acquire a webcasting technology firm and its assets.  This acquisition will allow RollCall to serve an expanded market segment with its already superior teleconferencing and web conferencing services.

“We are excited to broaden RollCall’s product offering with the addition of webcasting technology, video simulcast capabilities and rich streaming media services. We see digital media as a service with strong growth opportunities, and these webcasting services seamlessly integrate with RollCall’s existing business model,” said Fred Lloyd, Senior Vice President of ILD and head of RollCall Business Conferencing. “We continue to work to create a highly scalable conferencing business with a strong track record of growth and client satisfaction,” said Lloyd.

Upon conclusion of the due diligence phase, RollCall will own and operate webcasting platforms, and continue to invest in new and innovative streaming video-centric products. The acquisition is expected to be finalized October 1, 2009.

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