IPass has completed the acquisition of GoRemote, a leading provider of secure managed virtual business network services

February 15, 2006

1 Min Read

REDWOOD SHORES, Calif. -- iPass Inc. (NASDAQ: IPAS) today announced it has completed the acquisition of GoRemote Internet Communications, Inc., a leading provider of secure managed virtual business network services. The acquisition agreement between iPass and GoRemote was initially announced on December 12, 2005.

With the close of this transaction, iPass will make GoRemote's managed broadband services for home office, branch office and retail available through its sales team, further expanding the iPass product portfolio and opening up new markets for the company. This combination will extend iPass' reach across all major segments of the global enterprise market for secure Internet connections for traveling and remote employees.

"By completing this acquisition, we begin the integration of GoRemote into iPass, and can now offer a comprehensive suite of broadband services and address a broader set of customer opportunities," said Ken Denman, Chairman and CEO of iPass. "As the shift from private networks to the Internet continues, this acquisition will enable iPass to extend its broadband services for the enterprise and penetrate new market segments such as branch office and retail locations."

iPass Inc. (Nasdaq: IPAS)

GoRemote Internet Communications Inc.

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