OTTAWA, Aug. 17, 2011 /CNW/ - Bridgewater Systems (TSX:BWC)
("Bridgewater" or the "Company") is pleased to announce today that the
acquisition of all of the outstanding common shares of Bridgewater by
Amdocs Canada Acquisition Corporation, a wholly-owned indirect
subsidiary of Amdocs Limited (NYSE: DOX), pursuant to a court-approved
plan of arrangement under the Canada Business Corporations Act, has closed. Bridgewater is now an indirect wholly-owned subsidiary of
Amdocs Limited. Bridgewater's common shares will be delisted from the
Toronto Stock Exchange and Bridgewater will be applying to cease to be
a reporting issuer under applicable Canadian securities legislation.
About Bridgewater Systems
Bridgewater Systems, the leader in intelligent broadband controls,
provides pre-integrated solutions for mobile and converged operators to
transform their networks, optimize mobile data growth, and innovate
with new services. The Bridgewater portfolio of carrier-grade products
includes Service Controller (AAA), Policy Controller (PCRF) and Home
Subscriber Server (HSS), anchored by a common identity and device
management system. More than 150 leading service providers worldwide
leverage Bridgewater to create and deliver profitable services to
consumer, enterprise, cloud and machine markets. For more information,
visit us at www.bridgewatersystems.com.
Bridgewater, Bridgewater Systems, the Bridgewater Systems logo,
WideSpan, Smart Caps, and Subscriber Data Broker are trademarks or
registered trademarks of Bridgewater Systems Corporation. All other
company, product names and any registered and unregistered trademarks
mentioned are used for identification purposes only and remain the
exclusive property of their respective owners.
Amdocs is the market leader in customer experience systems innovation.
The company combines business and operational support systems, service
delivery platforms, proven services and deep industry expertise to
enable service providers and their customers to do more in the
connected world. Amdocs' offerings help service providers explore new
business models, differentiate through personalized customer
experiences and streamline operations. A global company with revenue of
approximately $3.0 billion in fiscal 2010, Amdocs has over 19,000
employees and serves customers in more than 60 countries worldwide. For
more information, visit Amdocs at www.amdocs.com.
This media release includes certain forward-looking statements within
the meaning of applicable securities laws. Any statements contained
herein that are not statements of historical facts may be deemed to be
forward-looking statements. Readers are cautioned not to place undue
reliance on forward-looking statements. Actual results and developments
may differ materially from those contemplated by these statements.
Bridgewater does not intend, and disclaims any obligation, except as
required by law, to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise.
SOURCE Bridgewater Systems
For further information:
Kim Butler, Chief Financial Officer
+1 613-591-9104 extension 6023
The Equicom Group Inc.
+1 416-815-0700 extension 278
Ann Hatchell, Director, Product and Solutions Marketing
+1 613-591-9104 extension 2030