ImageXpres Corporation acquires PRG Systems : ImageXpres Corporation, a manufacturer of digital imaging and print systems, announced it has reached an agreement to acquire the assets of PRG Systems, a New Jersey IT and software solutions provider, for stock and cash consideration. Simultaneously, ImageXpres' Board of Directors has approved a strategic business relationship between ImageXpres, PRG Systems, and New Wave Telecom, a digital phone services provider, to deliver proprietary Voice over Internet Protocol (VoIP) PBX services, and has signed a Letter of Intent to merge with the telecom enterprise in First Quarter 2006. PRG Systems and New Wave Telecom are currently delivering VoIP services to businesses in the northeast U.S.
|
