Inventergy Inc. Enters Into Merger Agreement With eOn Communications

Inventergy Inc. Enters Into Merger Agreement With eOn Communications 
CUPERTINO, CA -- (Marketwired) -- 12/18/13 --  Inventergy Inc. and
eOn Communications Corporation (NASDAQ: EONC) have announced today
that they have entered into a merger agreement whereby Inventergy
will merge into a wholly-owned subsidiary of eOn. Upon satisfaction
of all of the conditions to completing the merger, eOn Communications
will be renamed Inventergy Global, Inc. Upon completion of the
merger, Inventergy stockholders will receive shares of eOn stock,
such that the Inventergy stockholders in the aggregate will control
eOn after the merger. 
Inventergy is an intellectual property (IP) acquisition and licensing
company dedicated to identifying, acquiring and licensing for fair
value the patented technologies of market-significant technology
leaders. Led by IP industry pioneer and veteran Joe Beyers, former
head of IP and global strategy at Hewlett-Packard, the company
leverages decades of experience, market and technology expertise, and
industry connections to assist Fortune 500 companies leverage the
value of their world-changing innovations to achieve greater returns.
Inventergy aspires to enable a new world of IP value creation built
upon a more transparent, above-board and ethical business platform.
The Company currently owns a portfolio of over 160 patents from a
Global Fortune 500 and Gartner-recognized technology leader in the
telecommunications industry.  
Headquartered in Cupertino, CA, Inventergy's management team
includes: Chairman and Chief Executive Officer Mr. Joe Beyers, SVP &
General Counsel Mr. Wayne Sobon, and SVP of IP Acquisitions &
Licensing, Mr. Jon Rortveit. 
"The proposed merger transaction represents a significant milestone
for Inventergy. It provides a public vehicle to leverage our holistic
approach and flexible IP value-creation model," stated Joe Beyers,
Chairman and CEO of Inventergy. "We believe our becoming publicly
listed will better position us to meet the needs of companies that
have a significant portion of their value hidden within their IP." 
Mr. Beyers continued, "Inventergy aspires to enable a new world of IP
value creation, built upon a more transparent, above-board and
ethical business platform. Our strategic licensing model allows for a
mutually beneficial relationship with our world renowned clients.
With the merger now arranged, management intends shift its focus
towards expanding our patent portfolio, securing licensing revenues,
and enhancing shareholder value." 
Completion of the merger is subject to a number of conditions,
including eOn stockholder approval. Additional information regarding
the merger transaction and sale of preferred stock is set forth in
eOn's Current Report on Form 8-K dated December 18, 2013, which is
being filed with the Securities and Exchange Commission. 
About Inventergy Inc.
 Inventergy Inc. is an intellectual property
acquisition and licensing company dedicated to identifying, acquiring
and licensing the patented technologies of market-significant
technology leaders. Led by IP industry pioneer and veteran Joe
Beyers, former head of IP and global strategy at Hewlett-Packard, the
company leverages decades of experience, market and technology
expertise, and industry connections to assist Fortune 500 companies
in leveraging the value of their innovations to achieve greater
returns. Inventergy aspires to enable a new world of IP value
creation built upon a more transparent, above-board and ethical
business platform. Inventergy's current portfolio contains over 160
patent assets (including patents related to industry standards), from
a Global Fortune 500 and Gartner-recognized technology leader in the
telecommunications industry. For more information about Inventergy,
visit the website at www.inventergy.com. 
Forward-Looking Statements
 This press release contains statements,
estimates, forecasts and projections with respect to future
performance and events, which constitute forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Those statements include statements regarding the intent and
belief or current expectations of the Company and its affiliates and
subsidiaries and their respective management teams. These statements
may be identified by the use of words like "anticipate", "believe",
"estimate", "expect", "intend", "may", "plan", "will", "should",
"seek" and similar expressions and include any projections or
estimates set forth herein. Investors and prospective investors are
cautioned that any such forward-looking statements are not guarantees
of future performance and involve risks and uncertainties, that
actual results may differ materially from those projected in the
forward-looking statements.  
Investors:
Chris Camarra
Director, Investor Relations
(212) 398-3487
chris@inventergy.com 
 
 
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