Exhibit 99.2
PHONE.COM AND SOFTWARE.COM ANNOUNCE
COMPLETION OF MERGER
REDWOOD CITY and SANTA BARBARA, Calif. (November 17, 2000) --
Phone.com, Inc. (Nasdaq:PHCM), a leading provider of wireless Internet
infrastructure and application software, and Software.com, Inc.
(Nasdaq:SWCM), a leading developer of carrier-scale Internet
infrastructure software for communications service providers, today
jointly announced that their merger has been completed. The new,
combined company brings together two leading innovators in the field
of open Internet-based application and infrastructure software.
Under the terms of the merger agreement, each share of Software.com
common stock has been converted into the right to receive 1.6105
shares of Phone.com common stock. Letters of transmittal regarding the
procedures to exchange Software.com common stock for Phone.com common
stock will be sent to former Software.com stockholders in the near
future. As a result of the merger, beginning Monday November 20,
Software.com shares will no longer be listed on the Nasdaq Stock
Market. In addition, Phone.com shares will begin trading under the new
Nasdaq trading symbol on Monday November 20, 2000.
As previously announced, on Monday, November 20, at 7:45 a.m. Eastern
Time, the combined company will hold an investor conference call to
announce the new name of the company and the new Nasdaq trading
symbol. During the call, management will also provide an update on
merger integration, as well as financial guidance and operating
metrics for the combined company. The details of the investor
conference call are as follows:
Phone.com & Software.com Merger Completion Conference Call
Monday, November 20, 2000
7:45 a.m. Eastern Standard Time (4:45 a.m. Pacific Standard Time)
Dial-in numbers:
Domestic - 800-777-5216
International - 212-896-6103
Confirmation code: 16856411
Reply will be available for 48 hours
Domestic - 800-633-8284
International - 858-812-6440
Confirmation code : 16856411
A webcast of the call and replay (which will be added to our archive)
will be available at: http://www.phone.com/investor/index.html and
http://www.software.com/investor/index.html.
About Phone.com
Phone.com is a leading provider of software, applications, and
services that enable the delivery of Internet-based information and
voice services to mass-market wireless telephones. Using its software,
wireless subscribers have access to Internet- and corporate
intranet-based services, including email, news, stocks, weather,
travel and sports. In addition, subscribers have access via their
wireless telephones to network operators' intranet-based telephony
services, which may include over-the-air activation, call management,
billing history information, pricing plan subscription and voice
message management. Phone.com is headquartered in Silicon Valley,
California and has regional offices in Boston, Belfast, Copenhagen,
Hong Kong, London, Madrid, Mexico City, Paris, Rome, Seoul, Tokyo and
Washington, D.C. Visit www.phone.com for more information.
About Software.com
With more than 134 million seats licensed, Software.com (Nasdaq: SWCM)
is a leading supplier of carrier-scale Internet infrastructure
software for communications service providers worldwide. Software.com
provides the scalable platform that enables service providers to
deploy next-generation business and consumer Internet services;
including email, IP unified messaging, mobile mail and mobile instant
messaging.
# # #
The Phone.com name and logo and the family of terms carrying the "UP"
prefix are trademarks of Phone.com, Inc. All Rights Reserved. All
other company, brand and product names may be marks that are the sole
property of their respective owners.
For further information:
Contact Phone.com Worldwide Public Relations
Software.com, Inc.
Fred Bateman
FitzGerald Communications
+1 (415) 677 0208
fbateman@fitzgerald.com