EX-99.1
3
ex991pressrel.htm
EXHIBIT 99.1 PRESS RELEASE
Exhibit 99.1 Press release
Exhibit
99.1
WebEx
Completes Acquisition of Intranets.com
SANTA
CLARA, Calif., September 9, 2005
-WebEx
Communications (Nasdaq: WEBX), the leading provider of on-demand web meeting
applications, today announced that it has completed the previously announced
acquisition of privately held Intranets.com of Burlington, Massachusetts. Under
the terms of the agreement, the total cash consideration, subject to holdback
provisions, is approximately $45 million for which WebEx will obtain all
outstanding shares and all outstanding warrants and options of Intranets.com
will be cancelled. Intranets.com has become a wholly owned subsidiary of WebEx.
About
WebEx Communications
WebEx
Communications, Inc. is the leading provider of collaborative web meeting
applications and services. WebEx applications are used across the enterprise
in
sales, support, training, marketing, engineering and product design. WebEx
delivers its suite of web meeting applications over the WebEx MediaTone Network,
a global network specifically designed for secure, real-time web communications.
WebEx Communications is based in Santa Clara, California and has regional
headquarters in Europe, Asia and Australia. Please call toll free 877-509-3239
or visit http://www.webex.com for more information.
###
MediaTone
is a trademark of WebEx Communications, Inc

EX - 99 . 1 3 ex991pressrel . htm EXHIBIT 99 . 1 PRESS RELEASE Exhibit 99 . 1 Press release Exhibit 99 . 1 WebEx Completes Acquisition of Intranets.com SANTA CLARA , Calif . , September 9 , 2005 - WebEx Communications ( Nasdaq : WEBX ) , the leading provider of on - demand web meeting applications , today announced that it has completed the previously announced acquisition of privately held Intranets.com of Burlington , Massachusetts . Under the terms of the agreement , the total cash consideration , subject to holdback provisions , is approximately $ 45 million for which WebEx will obtain all outstanding shares and all outstanding warrants and options of Intranets.com will be cancelled . Intranets.com has become a wholly owned subsidiary of WebEx . About WebEx Communications WebEx Communications , Inc . is the leading provider of collaborative web meeting applications and services . WebEx applications are used across the enterprise in sales , support , training , marketing , engineering and product design . WebEx delivers its suite of web meeting applications over the WebEx MediaTone Network , a global network specifically designed for secure , real - time web communications . WebEx Communications is based in Santa Clara , California and has regional headquarters in Europe , Asia and Australia . Please call toll free 877 - 509 - 3239 or visit http://www.webex.com for more information . # # # MediaTone is a trademark of WebEx Communications , Inc
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