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BNYNePresence (stock symbol; formerly known as Banyan)
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BellSouth Wireless Data selected ePresence to design, develop and implement its new Web presence to generate sales and offer customers one-stop convenience for accessing news and product information.
Unisys' acquisition of ePresence excludes the target company's cash resources and its ownership in Switchboard Inc, a provider of online advertising services and internet-based yellow pages.
customary conditions, including approval by Switchboard's shareholders, the shareholders of Switchboard's majority shareholder, ePresence, Inc.
Prior to joining ePresence, Silk had a distinguished career with Gentia Software Inc.
At the Company's Special Meeting of Stockholders held yesterday, ePresence stockholders approved the sale of the Company's services business to Unisys Corporation, the acquisition of Switchboard Incorporated by InfoSpace, Inc.
ePresence expects to end the third quarter of 2003 with a consolidated balance of cash and marketable securities in the range of $94 to $95 million.
In addition, many significant marketing agreements to resell, support or build practices around the Sun ONE platform have been recently announced by Campus Pipeline, ePresence, Lucent Technologies, NTT Data, Schlumberger, Sprint E|Solutions, Talaris, Tarantella, and TELUS Corp.
ePresence plans to file with the SEC and mail to its shareholders a Proxy Statement in connection with the proposed sale of its services business assets to Unisys Corporation, the proposed sale of Switchboard shares to InfoSpace, and the proposed liquidation and dissolution.
ePresence (Nasdaq: EPRE) currently owns approximately 54% of the outstanding shares of Switchboard.
ePresence owns approximately 54% of the outstanding shares of Switchboard.
In October 2003, ePresence entered into an agreement to sell its security and identity management (SIM) services business assets to Unisys Corporation (NYSE: UIS) for approximately $11.