InterVoice-Brite Shareholders Approve Company Name Change to Intervoice

DALLAS, TX - InterVoice-Brite Inc. (Nasdaq: INTV), announced it received shareholders' approval to change its corporate name to Intervoice Inc. The vote came at the Company's Annual Shareholders' Meeting held in Dallas, TX. The name change is representative of the full integration of products, services, operations and personnel of the former InterVoice and Brite Voice Systems following their merger in 1999. "Our overall goal is to build on Intervoice's history of market leadership while establishing our new vision of the converging marketplace and global customer requirements," said Bob Ritchey, President of Intervoice. "Effectively we are leveraging the success of Intervoice's nearly 20 years of experience while maintaining the strengths and values of the Brite acquisition. We will strive to enhance our leadership position in the market as we take our business, and customers, to the next level." The Company also recently announced the convergence of its market-specific divisions, previously aligned as the Enterprise Solutions Division (ESD) and Network Solutions Division (NSD), into a single unified organizational structure. The consolidation enables a heightened focus on the Company's core product lines and enhances support for our customer markets while streamlining operational synergies and efficiencies. Other Proposals Approved at the Annual Meeting
The shareholders also approved a proposal to issue shares of the Company's common stock upon conversion of the Company's outstanding convertible notes, in lieu of cash payments on the convertible notes, and upon the exercise of the Company's outstanding warrants, to the extent that such issuance would require shareholder approval under the rules of the Nasdaq National Market; and a proposal to amend the Company's Employee Stock Purchase Plan to increase from 1,000,000 to 1,500,000 the aggregate number of shares of common stock authorized for issuance under the Plan.
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