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GN Netcom Acquires ACS Wireless, Inc.

    GN Netcom, Inc. Will Bring More Product Choices, Expanded Research and
   Development, and Greater Sales and Marketing Strength to the Marketplace

    NASHUA, N.H., June 2 /PRNewswire/ -- GN Netcom, a world leader in
professional telecommunication headsets for the telephone and computer
industries, announces the purchase of ACS Wireless, Inc., a major, US-based,
headset manufacturer, for $15.7 M.  The purchase is subject to ACS stockholder
approval, which is expected by the beginning of July.  A new company, GN
Netcom, Inc., will be formed by the merger of GN Netcom's North American
organization, GN Netcom/Unex Inc. and ACS Wireless, Inc.  The new company will
be headed by P. Michael Fairweather as President and CEO, a position he held
previously with GN Netcom/Unex Inc.  The company plans to continue operations
in both Nashua, New Hampshire and Scotts Valley, California.
    The merger significantly expands GN Netcom's North American and world
market share, and enhances its position as the fastest-growing manufacturer of
quality headsets.  The new company, GN Netcom, Inc., now offers the most
extensive selection of innovative telephone and computer headsets for the call
center, commercial, mobile, and consumer markets.  Products will continue to
be sold under the GN Netcom, UNEX, and ACS brands through extensive worldwide
distribution.
    "By combining the resources of these two successful organizations we are
better positioned to continue our rapid expansion of market share in North
America.  All of our customers will benefit from a broader choice of products
and a stronger sales, service and support organization" states GN Netcom/Unex
Chairman Christian F. Tillisch.  He further stated, "The GN Netcom standard
for excellence in product quality, innovation, and customer service will be an
ongoing characteristic of our new company."
    ACS Wireless, incorporated in 1978, achieved revenue of $28 M in 1997.
ACS has been a leading supplier of lightweight, ergonomic telephone headsets
and has developed products for the cellular/cordless and wireless/mobile
markets.  ACS products are well accepted by call center agents and
professionals worldwide, and are recognized for their state-of-the-art design
and innovation.
    GN Netcom designs and manufactures the highest quality telephone headsets
and accessories in the telecommunications industry.  The company has earned a
reputation for providing a wide selection of headsets with superior sound
quality, comfort, safety, and durability.  GN Netcom, Inc. is a major
worldwide provider to the call center, SOHO (Small Office/Home Office), mobile
communications, and OEM markets. Headquarters and manufacturing are based in
Nashua, New Hampshire where facilities are ISO 9002 certified.  GN Netcom is a
member of the Danish-based GN Great Nordic Group.


SOURCE GN Netcom




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Related links:
  • http://gnnetcom.com
    CONTACT:
    Martha Boissonneault of GN Netcom, Inc.,
    800-826-4656, mlb@gnnetcom.com