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Markham Headquartered Enghouse Systems Acquires Presence Technology

MARKHAM, ONTARIO--(Marketwired - Oct. 28, 2016) - Enghouse Systems Limited (TSX:ESL) announced today it has acquired Presence Technology, S.L. ("Presence") for a purchase price of approximately $17.4 million (net of the cash acquired), subject to certain price adjustments and other considerations. Presence's annual revenue is approximately $13.2 million.

MARKHAM, ONTARIO–(Marketwired – Oct. 28, 2016) – Enghouse Systems Limited (TSX:ESL) announced today it has acquired Presence Technology, S.L. (“Presence”) for a purchase price of approximately $17.4 million (net of the cash acquired), subject to certain price adjustments and other considerations. Presence’s annual revenue is approximately $13.2 million.

Headquartered in Barcelona, Spain, Presence is a leading provider of multi-channel contact center software solutions with specific focus on Spanish speaking markets. The Company’s suite of applications provides its approximately 200 clients with a flexible architecture to deploy contact center capabilities on premise, in the cloud or on a hybrid basis. The product suite is available in English and Spanish, with end-user modules also available in Portuguese. This has enabled Presence to establish a leadership position in its core markets of Spain, the Americas and Sub-Saharan Africa.

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