SAN JOSE, Calif. -- Dialogic Corporation, a pioneer in enabling interactive mobile video services and applications, and Veraz Networks, a leading provider of bandwidth optimization and next generation switching products, today announced the completion of the merger of the two companies.

At Veraz's special meeting of shareholders held on September 30, 2010, shareholders voted to approve three proposals: a merger with Dialogic Corporation; changing the name of the company to Dialogic Inc.; and a 5 for 1 reverse stock split of Veraz's issued and outstanding common shares resulting in approximately 31 million shares outstanding as of today.

The merged company, headquartered in San Jose, CA, is now named Dialogic and is publicly traded on the NASDAQ under the ticker symbol (NASDAQ: DLGC). Nick Jensen leads the company as Chairman of the Board and Chief Executive Officer (formerly Chairman of the Board and Chief Executive Officer of Dialogic), and Doug Sabella is the President and Chief Operating Officer (formerly Veraz President and Chief Executive Officer). The new Dialogic® product portfolio enables service providers, enterprises and developers to unleash the profit of video, voice and data for advanced networks.

Dialogic Corp. (Nasdaq: DLGC)