NewNet Communication Technologies (A Skyview Capital Company) Acquires VoltDelta Resources

    ARLINGTON HEIGHTS, IL, December 04, 2014 /24-7PressRelease/ -- Global network services provider NewNet Communication Technologies, a Skyview Capital company, announced it has signed an agreement to acquire Volt Delta Resources, LLC. (VoltDelta), a global cloud-based contact center provider and a wholly-owned subsidiary of Volt Information Sciences (OTC:VISI).

VoltDelta provides cloud-based contact center services and voice self-service applications to organizations around the world. Headquartered in New York with global operations and data centers in North America, the United Kingdom, and Germany, VoltDelta is a market leader in SMS and call handling.

"The acquisition of the VoltDelta represents a significant milestone in the evolution of NewNet's product portfolio and market focus. The combination of these two businesses provides significant scale to NewNet and allows us to expand our telecom services to additional geographies and customer groups. We look forward to growing the ONDemand, Cloud-based services and the LSSI Big Data services," said Alex Soltani, Chairman and CEO of Skyview Capital.

The share purchase agreement was signed and the transaction simultaneously closed on December 1, 2014. Terms of the agreement were not disclosed by Skyview Capital.

About Skyview Capital, LLC
Skyview Capital, LLC, is a private investment firm headquartered in Beverly Hills, California, which specializes in the acquisition and management of "mission critical" enterprises in the areas of technology, telecommunications, business services, and niche manufacturing. By leveraging its operational capabilities and financial acumen, Skyview systematically enhances the long-­term sustainable value of the businesses it acquires. To date, Skyview has successfully completed over 20 transactions within its target market verticals. For further information, please visit www.skyviewcapital.com

About NewNet Communication Technologies
NewNet Communication Technologies is a leading global provider of next generation mobile technology solutions. NewNet enables global operators and equipment manufacturers to rapidly develop and deploy revenue-generating solutions to optimize global communications. NewNet specializes in Mobile Messaging, Secure Transaction Processing, Interactive Voice Response (IVR), Real Time Charging & Rating, and Broadband Wireless solutions reaching millions of end users in over 90 countries. NewNet is a part of the Skyview Capital LLC, portfolio of companies. For further information, please visit www.newnet.com

About Volt Delta Resources
VoltDelta is a global cloud-based contact center provider with 35 years of experience. We perform intelligent, data-driven contact management to optimize your customer's journey. VoltDelta rapidly tailors and integrates our multi-channel contact center solutions to enable you to increase revenue, boost retention and reduce operating costs with proven scalability and reliability.
For more information, please visit: www.voltdelta.com

Media Contact:
Skyview Capital LLC
Jeff White, VP Business Development
310-273-6070

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