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NeuStar Acquires Followap, UK-based Enabler of Mobile IM Services in Europe and AsiaSchedules conference call, web cast at 5 p.m. EST today STERLING, VA, November 27, 2006 - NeuStar, Inc. (NYSE: NSR), a provider of essential communications services to the global communications and Internet industry, announced today that it has acquired Followap, Inc., a UK-based leading provider of mobile instant messaging (IM) products in Europe and Asia, for approximately $139 million in cash. NeuStar projects Followap revenue to exceed $25 million in 2007 and to more than double in 2008. NeuStar affirmed the 2006 full-year guidance issued on November 2, 2006, and confirmed that the acquisition of Followap did not impact its 2006 guidance. Download the attachment: |