SecondWave Software  
 

2ndWave Software Acquires CommtechWireless, Adding to Continued
Growth of Amcom Software

  • Wireless Delivery of Critical Monitoring and Alert Data Expands Capabilities of Amcom Software
  • Move Spurred by Success of 2ndWave’s Previous Deals to Add Contact Center and Emergency Management Capacity

MINNEAPOLIS, MN – September 30, 2008 – 2ndWave Software announced today it has acquired CommtechWireless, adding it to the industry-leading suites of solutions available from Amcom Software. The deal is 2ndWave’s fourth acquisition in less than two years. Along with their original purchase of Amcom Software, and the successful additions of XTEND Communications and the Telident E911 product line, this acquisition will continue to fuel 2ndWave’s strategy of creating the market leader in mission-critical communications software. The fast-growing Amcom Software organization will have unparalleled market breadth, extensive product lines, more than 200 employees, and annual sales approaching $50 million.

In announcing the agreement, Chris Heim, CEO of both 2ndWave Software and Amcom Software, stated, “Our strategy at 2ndWave is to find and combine well-matched businesses that will benefit from stronger critical mass, a growing customer base and our experience operating software companies. We have a unique business model and we’re confident our success at Amcom will lead to future opportunities in this and other markets. CommtechWireless adds a significant capability that Amcom Software customers have been telling us they need – wireless technology that delivers critical alert and monitoring data from digital devices, directly to today’s increasingly mobile workforce.”

“We think that this market shows a lot of promise for expansion,” added Dan Mayleben, CFO of both 2ndWave Software and Amcom Software. “The addition of CommtechWireless to Amcom’s full suites of communications and emergency management capabilities is great news for our customers, our employees, and our partners. This also reinforces our commitment to find and acquire more niche players that will help Amcom Software lead the market and address demands with product innovation, vertical market knowledge and unmatched customer service.”

Concluded Heim, “We’ll continue to make moves like this that will help Amcom Software become the undisputed leader in the market and demonstrate the validity of the 2ndWave approach. We have created a growing, profitable business, with a strong balance sheet. This is an excellent opportunity to grow and optimize an already vibrant company.”

About 2ndWave Software
2ndWave Software acquires and operates software companies with complementary product offerings and significant growth opportunities. In partnership with CIBC Capital Partners, 2ndWave Software buys companies and then partners with the management team to improve operating results, while making additional acquisitions to grow the company to a critical mass. 2ndWave Software is led by veteran software executives with strong operational track records and experience successfully executing and integrating acquisitions. For more information, visit www.2ndWaveSoftware.com.

About Amcom Software
Minneapolis-based Amcom Software provides technology solutions for organizations that depend on speed, accuracy, and productivity to manage mission-critical, day-to-day, emergency and event-driven communications. Amcom Software's advanced solutions are used by more than 1,400 leading corporations and organizations in healthcare, education, hospitality and government. The CommtechWireless acquisition, along with the recent additions of XTEND Communications and Telident E911 solutions, will further solidify the company’s market leadership with the combined companies’ committed employees, broad expertise across several distinct markets, strong technologies and growing client base. For more information, call (800) 852-8935 or go to www.amcomsoftware.com.

Media Inquiries:
Ron Wenaas +1 (612) 418-7077
ron@wenaascommunications.com