Windstream to Acquire Iowa Telecommunications Services, Inc.

Windstream Corporation (NYSE: WIN) announced today that it has entered into a definitive agreement to acquire Iowa Telecommunications Services, Inc. (NYSE: IWA), based in Newton, Iowa, in a transaction valued at approximately $1.1 billion.

Iowa Telecom shareholders will receive 0.804 shares of Windstream stock and $7.90 in cash per each Iowa Telecom share under terms of the agreement approved by the boards of directors of both companies. Windstream expects to issue approximately 26.5 million shares of stock valued at approximately $269 million, based on the company’s closing stock price on Nov. 23, 2009, and pay approximately $261 million in cash as part of the transaction. Windstream also will repay estimated net debt of approximately $598 million. Windstream intends to finance the cash portion of the transaction and the repayment of Iowa Telecom’s outstanding indebtedness with the proceeds from a debt financing or additional bank borrowings.

KPN and iBasis Reach Agreement on Tender Offer

iBasis's Special Committee Recommends that iBasis Stockholders Accept KPN's Last and Final Offer of $3.00 per share in Cash

--KPN and iBasis Agree to Dismiss All Claims in Delaware and New York Litigation

KPN B.V. ("KPN") and iBasis, Inc. (NASDAQ: IBAS) ("iBasis") today announced that they have entered into a settlement agreement under which KPN will make a last and final increase of its offer for the outstanding shares in iBasis not otherwise held by KPN to $3.00 per share in cash. The Special Committee of iBasis's Board of Directors has unanimously approved the agreement and recommends that iBasis stockholders tender their shares in KPN's tender offer.

eOn Communications Reports Strong Fourth Quarter and Total Year Revenue with Fourth Quarter Profitability

eOn Communications Corporation((TM)) (Nasdaq: EONC) (the "Company"), a leading provider of telecommunications solutions, today reported fourth quarter and fiscal year ended July 31, 2009 results.

Fourth quarter revenue increased 217% to $5,089,000 from $1,604,000 in the fourth quarter of last year and increased 106% compared to revenues of $2,465,000 in the third quarter of this year. Net income for the quarter was $111,000 or $0.04 per common share compared to a net loss of $338,000 or $0.12 per common share in the quarter ended July 31, 2008. Included in the net income for the quarter was $480,000 of imputed interest expense due to the amortization of the difference between the face value of the contingent obligation to the former Cortelco shareholders and the discounted present value of the note payable recorded on the balance sheet.

More than 3 Million SIM Cards Activated by Evolving Systems’ Dynamic SIM Allocation™ as Solution Gathers Momentum

• 1 customer in 2007, 2 in 2008 and 4 in 2009 • Customers in Asia, Africa, Europe and Latin America • Partnering with the world’s leading SIM card manufacturers • Currently averaging more than ½ million allocations a month  

3 November 2009 - Evolving Systems, Inc. (NasdaqCM-EVOL), a leading provider of software solutions and services to the wireless, wireline and cable markets, today announced that the company’s pioneering Dynamic SIM Allocation™ solution has activated more than 3 million prepaid SIM cards worldwide, underlying its success in delivering a compelling alternative to the traditional pre-provisioning model.