Intrado Acquires Permission Click
05 Janvier 2022 - 03:00PM
Intrado Corporation (“Intrado”), a global leader in
technology-enabled services, announced today that it has acquired
Permission Click, a pioneer in education technology. With this
acquisition, Intrado Life & Safety expands its leadership
position in K-12 education technology, adding Permission Click’s
digital workflow solutions to its SchoolMessenger communications
suite of solutions.
Permission Click’s innovative product enables
schools and school districts to digitize previously manual
processes and forms management, increasing efficiency,
transparency, and policy compliance, in addition to saving time for
parents and teachers. Permission Click’s executive team and
employees will join Intrado Life & Safety to support clients
and drive continued technology development and product
innovation.
“We are excited to add Permission Click and its
team to our Digital Workflows business, expanding our solutions
with a powerful tool and advancing our leadership in the education
marketplace,” said Vik Krishnan, General Manager of Intrado’s
Digital Workflows business. “The combination of SchoolMessenger and
Permission Click solutions is unique in the K-12 education market
and beyond.”
About Intrado Corporation
Intrado Corporation is an innovative,
cloud-based, global technology partner to clients around the world.
Our solutions connect people and organizations at the right time
and in the right ways, making those mission-critical connections
more relevant, engaging, and actionable - turning Information to
Insight.
Intrado has sales and/or operations in the
United States, Canada, Europe, the Middle East, Asia Pacific, Latin
America, and South America. Intrado is controlled by affiliates of
certain funds managed by Apollo Global Management, Inc. (NYSE:
APO). For more information, please call 1-800-841-9000 or visit
www.intrado.com.
Forward-Looking Statements
This press release contains forward-looking
statements, within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements can be generally
identified by the use of words such as “may,” “should,” “expects,”
“plans,” “anticipates,” “believes,” “estimates,” “predicts,”
“intends,” “continue” or similar terminology. These statements
reflect only Intrado’s current expectations and are not guarantees
of future performance or results. These statements are subject to
various risks and uncertainties that could cause actual results to
differ materially from those contained in the forward-looking
statements. These risks and uncertainties include, but are not
limited to, risks associated with the Covid-19 pandemic;
competition in Intrado’s highly competitive markets; increases in
the cost of voice and data services or significant interruptions in
these services; Intrado’s ability to keep pace with its clients’
needs for rapid technological change and systems availability; the
continued deployment and adoption of emerging technologies; the
loss, financial difficulties or bankruptcy of any key clients;
security and privacy breaches of the systems Intrado uses to
protect personal data; the effects of global economic and health
trends on our business, including as a result of disruption of the
business of Intrado’s clients; the non-exclusive nature of
Intrado’s client contracts and the absence of revenue commitments;
the cost of pending and future litigation; the cost of defending
against intellectual property infringement claims; the effects of
extensive regulation affecting many of Intrado’s businesses;
Intrado’s ability to protect its proprietary information or
technology; service interruptions to Intrado’s data and operation
centers; Intrado’s ability to retain key personnel and attract a
sufficient number of qualified employees; increases in labor costs
and turnover rates; the political, economic and other conditions in
the countries where Intrado operates; changes in foreign exchange
rates; Intrado’s ability to complete future acquisitions, integrate
or achieve the objectives of its recent and future acquisitions;
and future impairments of our substantial goodwill, intangible
assets, or other long-lived assets. In addition, Intrado is subject
to risks related to its level of indebtedness. Such risks include
Intrado’s ability to generate sufficient cash to service its
indebtedness and fund its other liquidity needs; Intrado’s ability
to comply with covenants contained in its debt instruments;
Intrado’s ability to obtain additional financing; the incurrence of
significant additional indebtedness by Intrado and its
subsidiaries; and the ability of Intrado’s lenders to fulfill their
lending commitments. Intrado is also subject to other risk factors
described in its annual report for the year ended December 31,
2020.
These forward-looking statements speak only as
of the date on which the statements were made. Intrado undertakes
no obligation to update or revise publicly any forward-looking
statements, whether as a result of new information, future events
or otherwise, except to the extent required by applicable law.
Contact
Dave PleissInvestor and Public
RelationsDMPleiss@Intrado.com402-716-6578
Apollo Global Management (NYSE:APO)
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