Voxeo Acquires Micromethod

Acquisition Accelerates Voxeo's Global Reach in Asia Pacific and
Significantly Expands Current SIP Product Offerings
NEW YORK & BEIJING--(Business Wire)--
Today at the SpeechTEK 2008 conference, Voxeo Corporation, a
leading provider of IVR and VoIP platforms and services, announced it
has acquired Micromethod Technologies, an innovative developer of
SIP-based communication and collaboration software with headquarters
in Beijing, China and San Jose, California. The acquisition bolsters
Voxeo's line of SIP-focused products, services and developer solutions
and serves as the foundation of Voxeo's expansion into the Asia
Pacific (APAC) market.

"Micromethod has made great inroads into the SIP communication and
APAC markets from their Beijing base. These were extremely compelling
for Voxeo as we looked to add to our SIP product line and launch our
on-demand and on-premise products in Asia. We look forward to
integrating Micromethod products with our own and to expanding Voxeo's
presence in Asia with this exceptionally talented team of engineers
and executives," said Jonathan Taylor, Voxeo CEO.

Micromethod's customers include some of the largest voice platform
and online collaboration service providers, such as Tellme and
GMarket, as well as leading video and wireless communication vendors.

Micromethod's products include:

SIPMethod -- an end-to-end platform for rapid development and
deployment of SIP communication solutions. SIPMethod supports more
than 30 Internet Engineering Task Force (IETF), Java Specification
Request (JSR), and W3C standards including SIP and HTTP Servlets,
JAX-WS, JMX, and STUN. SIPMethod also supports converged SIP and HTTP
applications, enabling flexible mashups of telephony, IM, presence,
web 2.0, and SOAP/REST services and applications.

SIPoint -- a comprehensive solution for SIP user collaboration,
connectivity, routing, and messaging. SIPoint is built on the
SIPMethod platform, includes SIP registrar, location, redirect, proxy,
instant messaging, XCAP and presence services, adding support for 18
more IETF standards for SIMPLE, and OMA and 3GPP presence.

Horizon -- a highly effective SIP firewall, NAT, and VPN solution.
Horizon both enables secure SIP audio, video, and data connections and
helps those connections traverse existing firewall and NAT
implementations that block or break SIP-based collaboration. Horizon
is also built on the SIPMethod platform. An H.323-compliant version of
Horizon is also available.

Voxeo will continue to sell and enhance Micromethod products, and
will also integrate them with Voxeo's Prophecy premise software,
Evolution hosting, and new products and services that will be
announced over the next six months.

"Voxeo's acquisition of Micromethod positions the company to take
advantage of the explosive growth in APAC. China, in particular, is
expected to experience a massive uptake in IVR and SIP deployments,
over the next decade, as companies expand their customer service
operations. Voxeo is now positioned to take advantage of this growth,"
said Daniel Hong, the Lead Analyst of Customer Interaction Technology
at Datamonitor.

Since its creation in 1998, VoiceXML has become the de facto open
standard for the development of Interactive Voice Response (IVR) and
speech applications. Voxeo Prophecy is the most VoiceXML
standard-compliant platform available today, and is the only platform
to pass 100% of the VoiceXML Forum's mandatory and optional compliance
tests. Voxeo was also first to support CCXML, the telephone
call-control-focused sibling to VoiceXML. With the acquisition of
Micromethod, Voxeo now complements VoiceXML and CCXML with a suite of
open, API-driven development platforms and SIP-focused enterprise
solutions based on Java Specification Request (JSR) standards.

All Micromethod employees have joined Voxeo and will work for
Voxeo's newly launched Asia-Pacific subsidiary. Kevin Lu,
Micromethod's CEO, has been named General Manager of Voxeo
Asia-Pacific. Wei Chen, Micromethod's CTO, has been named Chief
Architect of Voxeo worldwide.

Financial terms of the deal were not disclosed.

About Voxeo:

Voxeo makes voice applications easy to build and deploy. The
company's common sense approach isn't rocket science: Offer a great
platform. Make it exceptionally easy for people to try, buy and use.
Provide amazing support. The approach has made Voxeo a leading choice
among developers and the answer for companies who don't subscribe to
the mentality that a powerful solution needs to be complicated and
expensive. More than 30,000 developers and enterprise customers --
including half of the Fortune 100 -- use Voxeo's Prophecy Platform and
Hosting to deliver innovative IVR, VoIP, outbound notification,
unified communications and a new generation of SIP-powered solutions.
Anyone can immediately download the Prophecy Platform or sign up to
use Voxeo's hosted developer portal for free at www.voxeo.com/free.

Voxeo is an employee-owned company with headquarters in Orlando,
FL, London, UK and Beijing, China. The company's Prophecy Platform has
been downloaded more than 20,000 times since its launch in 2006 and
its standards-based IVR hosting platform is the largest in the world
and the only one backed by a 100% uptime guarantee. For more
information visit www.voxeo.com or call +1 (407) 418-1800 or +44 (0)
20 7887 6085 in the UK and Europe.

About Micromethod Technologies:

Micromethod Technologies is an innovative developer of end-to-end
IP communication software. Micromethod's product offering includes SIP
communication software that provides customers and partners new
revenue opportunities through a rich offering of convergent solutions
such as IP telephony, messaging, conferencing and presence.
www.micromethod.com.

Voxeo
Megan Maxwell, 407-455-5848
mmaxwell@voxeo.com
http://www.voxeo.com

Copyright Business Wire 2008