TIDMTPH 
 
RNS Number : 9762M 
Telephonetics PLC 
09 February 2009 
 

Telephonetics acquires Eden Origin 
 
 
Strengthens position as UK's leading provider of Voice Automation Solutions 
 
 
9 February 2009 - Telephonetics plc, the speech recognition and voice automation 
specialist, announces today the acquisition of Eden Origin Ltd ("Eden"), the 
specialist provider of codeless Enterprise Application Integration ("EAI"), 
Business Process Management ("BPM") and Mashup solutions. 
 
 
Eden is a private, owner-managed company, based in Christchurch, Dorset and 
trades as Datadialogs. Eden's solutions, which form part of a Service Oriented 
Architecture ("SOA") approach to IT, give customers the ability to rapidly 
create and deploy business solutions without the need to develop code. Eden 
solutions created in this way can integrate in real-time with virtually any 
existing IT infrastructure. This allows Eden to bring together disparate systems 
into a single unified environment very quickly, thereby streamlining user access 
and process. The business generates revenues from application licenses, 
professional services and maintenance. 
 
 
Eden's products are well regarded in the public sector and manufacturing and 
distribution sectors, where customers include Kier Group, Affinity Sutton, 
Morrison Facilities Services, Comet and Bournemouth & Hampshire Water. It has 
partnerships with Civica, Differentia Consulting and Sphere IT that provide 
established routes to market. 
 
 
The acquisition merges two very complementary technologies from each business 
that have the potential to transform clients' efficiency both at the business 
process level and in their day to day interaction with customers. The deal 
thereby strengthens Telephonetics' position as a leading provider of solutions 
that automate and enhance customer interactions and reduce customer costs. 
 
The consideration for the acquisition is approximately GBP0.72m in cash payable 
on completion subject to a completion account adjustment. In addition a 
contingent consideration of up to a further GBP0.2m is payable in cash on Eden 
achieving revenues within the first year of completion of up to GBP0.7m. Up to a 
further GBP2.8m is payable in a mixture of cash and shares over the two years 
post completion dependent on the achievement of revenue targets of between 
GBP1.56m to GBP10m over that period. Any new shares allotted as consideration 
will be priced based on the average mid-market price preceding issue subject to 
a minimum of 10p per share. The cash element of the consideration is to be 
funded from Telephonetics' existing resources. In the year to 31 August 2008, 
Eden reported turnover of GBP0.52m and profit before tax of GBP0.12m and as at 
31 August 2008 had net assets of GBP0.23m. 
 
 
Anthony Mckay, CEO of Telephonetics PLC, commented: "We are extremely excited 
about this transaction. It will allow us to provide a broader range of solutions 
into existing markets and therefore accelerate sales via our traditional 
channels. Additionally it will open up opportunities where Eden solves the 
complexities around disparate internal systems that are often required to handle 
customer interactions. The powerful combination of Telephonetics' self-service 
applications and dialogue skills together with Eden's codeless integration 
capabilities will enable our customers to very quickly produce customer facing 
solutions that leverage their multiple back-end legacy systems whilst at the 
same time delivering user-friendly automation to satisfy their own customers' 
needs. This will improve customer service and drive down costs, both of which 
are vital ingredients for success, particularly in the current economic climate. 
Further, itwill help drive Telephonetics' growth plan more aggressively." 
 
 
David Waldron, Managing Director of Eden, said: "This deal with Telephonetics 
provides Eden with immediate access to a large base of public sector customers 
where we are able to demonstrate the benefits of Eden in enabling shared 
services and single view. The combination with Telephonetics' established voice 
automation and call handling solutions will ensure we are extremely well 
positioned to make significant progress in this sector. My team and I are 
looking forward to joining the Telephonetics Group at this exciting time." 
 
 
 
 
 
 
For further information please contact: 
 
 
+----------------------------------------+-------------------------------+ 
| Telephonetics plc                      | +44 (0)1442 242 242           | 
+----------------------------------------+-------------------------------+ 
| James Ormondroyd                       |                               | 
+----------------------------------------+-------------------------------+ 
|                                        |                               | 
+----------------------------------------+-------------------------------+ 
| Brewin Dolphin Investment Banking      | +44 (0) 113 241 0130          | 
+----------------------------------------+-------------------------------+ 
| Neil Baldwin                           |                               | 
+----------------------------------------+-------------------------------+ 
| Maitland                               | +44 (0)20 7379 5151           | 
+----------------------------------------+-------------------------------+ 
| George Hudson                          |                               | 
+----------------------------------------+-------------------------------+ 
 
 
About Telephonetics 
Telephonetics plc (TPH.L) is a UK-based leading provider of speech recognition 
and voice automation solutions. The Group was listed on the London Stock 
Exchange's AIM market in July 2005. 
Offering diverse automation solutions and deployed across tens of thousands of 
telephony channels, Telephonetics processes millions of minutes of speech 
recognition per annum, via its carrier-class resilient platform in both hosted 
and customer premises solutions. Drawing on over 15 years of understanding how 
people interact over the telephone, Telephonetics offers a range of 
customer-focused solutions, covering even the most demanding environments, and 
delivering real business benefits to all its customers. 
With innovative solutions for speech self-service, mobility, outbound messaging, 
emergency notification and business continuity Telephonetics has built a large 
customer base. This includes 80% of the major UK multiplex cinemas, over 50% of 
the NHS acute health trusts, more than 50 local councils and emergency service 
operations, along with significant financial and legal company representation. 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 ACQSSIFMASUSEIE 
 

Telephonetics (LSE:TPH)
Graphique Historique de l'Action
De Déc 2024 à Jan 2025 Plus de graphiques de la Bourse Telephonetics
Telephonetics (LSE:TPH)
Graphique Historique de l'Action
De Jan 2024 à Jan 2025 Plus de graphiques de la Bourse Telephonetics