TNS Inc. Announces Completion of Acquisition

                 TNS Inc. Announces Completion of Acquisition

PR Newswire

RESTON, Va., Feb. 15, 2013

RESTON, Va., Feb. 15, 2013 /PRNewswire/ -- TNS Inc. ("TNS") (NYSE: TNS) today
announced the completion of its acquisition by an investor group led by Siris
Capital Group, LLC ("Siris"). Under the terms of the transaction, which was
initially announced on December 11, 2012, Siris agreed to acquire TNS for
$21.00 per share in cash. The transaction, valued at approximately $862
million, closed today following the approval of the acquisition by TNS
stockholders and the receipt of all required regulatory approvals.

"The completion of this acquisition marks an important milestone for TNS, and
I'm confident that the future of the company is stronger than ever," said
Henry H. Graham, Jr., Chief Executive Officer of TNS. "Through this
acquisition, TNS is even better positioned for growth as the company continues
to transition its business model toward value-added data communication

Under the terms of the merger agreement, TNS' former stockholders have the
right to receive $21.00 in cash for each share of common stock owned
immediately prior to the completion of the transaction. Stockholders who hold
shares through a bank, broker or other nominee will receive instructions from
their bank, broker or other nominee as to how to complete the surrender and
receipt of cash for their stock. Stockholders of record will receive a letter
of transmittal and instruction on how to surrender their former shares of TNS
stock in exchange for the merger consideration. Robert Aquilina, former
Chairman of MedQuist Holdings and a former senior operating executive of AT&T,
will serve as the new Chairman of TNS.

"We are pleased to welcome TNS as the newest addition to the Siris portfolio,"
said Mr. Aquilina. "Our combined resources will allow TNS to further realize
its strategic goals and to expand the tailored services on which our customers

About TNS

TNS is a leading provider of data communications and interoperability

TNS offers a broad range of networks and innovative value-added services which
enable transactions and the exchange of information in diverse industries such
as retail, banking, payment processing, telecommunications and the financial

Founded in 1990 in the United States, TNS has grown steadily and now provides
services in over 60 countries across the Americas, Europe and the Asia Pacific
region, with our reach extending to many more. TNS has designed and
implemented multiple data networks which support a variety of widely accepted
communications protocols and are designed to be scalable and accessible by
multiple methods.

For further information about TNS, visit

Forward Looking Statements

The statements contained in this press release that are not historical facts
are forward-looking statements within the meaning of The Private Securities
Litigation Reform Act of 1995. These forward-looking statements are based on
current expectations, forecasts and assumptions that are subject to risks and
uncertainties that could cause actual results to differ materially from those
set forth in, or implied by, the forward-looking statements. The Company has
attempted, whenever possible, to identify these forward-looking statements
using words such as "may," "will," "should," "projects," "estimates,"
"expects," "plans," "intends," "anticipates," "believes," and variations of
these words and similar expressions. Actual results may differ materially from
those indicated by such forward-looking statements as a result of various
important factors, including: the company's reliance upon a small number of
customers for a significant portion of its revenue; competitive factors such
as pricing pressures; increases in the prices charged by telecommunication
providers for services used by the company; the company's ability to grow its
business domestically and internationally by generating greater transaction
volumes; longer than expected sales cycles; customer delays in migration;
acquiring new customers or developing new service offerings; fluctuations in
the company's quarterly results because of the seasonal nature of the business
and other factors outside of the company's control, including fluctuations in
foreign exchange rates and the continuing impact of the current economic
conditions; the company's ability to identify, execute or effectively
integrate acquisitions; uncertainties related to the company's international
tax planning strategy; the company's ability to adapt to changing technology;
the company's ability to borrow funds in amounts sufficient to enable it to
service its debt or meet its working capital and capital expenditure
requirements; the effect of the closing of the transaction on TNS'
relationships with its customers, operating results and business generally;
the effects of local and national economic, credit and capital market
conditions; additional costs related to compliance with any Securities and
Exchange Commission (SEC) rule changes or other corporate governance issues;
and other risk factors described in the company's annual report on Form 10-K
filed with the Securities and Exchange Commission (the "SEC") on March 14,
2012. TNS undertakes no obligation to update any of the forward-looking
statements made herein, whether as a result of new information, future events,
changes in expectations or otherwise. These forward-looking statements should
not be relied upon as representing TNS' views as of any date subsequent to
February 15, 2013.


Media Inquiries

Steve Lipin / Shahed Larson
Brunswick Group
(212) 333-3810

Investor Inquiries

Jody Burfening / Carolyn Capaccio
Lippert/Heilshorn & Associates
(212) 838-3777


Press spacebar to pause and continue. Press esc to stop.