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VISTO Closes Acquisition of Good Technology

  • Two companies to operate as Good Technology
  • Good acquisition places broad OS and device support with access to any data source at the forefront of Consumer, Enterprise and Government market segments

Redwood City, CA, March 2, 2009 — VISTO®, the world's leading provider of push mobility solutions today announced it has completed the acquisition of Good Technology, Inc., from Motorola. Going forward, the combined companies will operate together under the name Good Technology.

VISTO cited its acquisition of Good Technology from Motorola as further evidence of its broad and powerful integrated mobility platform with strong enterprise, government and consumer offerings. The acquisition has reinforced VISTO's global lead in the mobile messaging market, and catapults the combined company beyond its competitors, to become, by far, the leading provider of device-agnostic global mobile messaging services.

VISTO's patented underlying technology is the cornerstone of the business and consumer mobile email industry, offering the most versatile and open real-time synchronization platform for a broad range of applications, including innovative collaboration and social networking solutions. The addition of Good's enterprise-leading platform expands the breadth of the combined Company’s portfolio, offering the whole spectrum of device-independent solutions to operators, handset manufacturers, large, medium and small enterprises, governments and consumers.

"We have doubled our market share and are the clear alternative to closed, vendor-biased solutions. We now provide one global, open and secure platform that gives Government, IT and consumers complete freedom of choice around handsets and OS in a highly fragmented mobile device market. This strategic initiative places the new Good at the forefront of this rapidly expanding market, with access to any messaging, collaboration software, media, enterprise application or consumer content," said Brian A. Bogosian, president, chairman and CEO. "With 400 people directly operating in 10 countries in North America, Europe, and Asia Pacific, we are well positioned to expand our market leadership through our operator and OEM partners everywhere in the world."

The combined Company will have a significantly extended global reach. With the benefit of Good's strong relationships with US operators, and extensive branded customer base of enterprise customers, including a high concentration of the Fortune 50, the new Good Technology will serve leading operators, governments and enterprise customers throughout the US and in more than 100 different countries in Europe, Asia and Latin America.

About VISTO
VISTO is the world's leading mobile push synchronization platform and service provider, enabling mobile operators to provide easy-to-use communications services from email to network address book, social networking and photo sharing across the broadest set of devices. The Company’s patented VISTO Mobile™ platform with ConstantSync™ technology works in real time with popular email and social networking services for personal and business use, providing maximum control and flexibility for the operator and choice for the consumer. VISTO’s customized, brandable solutions are available through mobile operators worldwide including AT&T, Elisa, Rogers Wireless, Qtel, SmarTone, SFR, Softbank Mobile, Sprint, TELUS, T-Mobile, Turkcell and the Vodafone Group.

Established in 1996 and headquartered in Redwood Shores, California, VISTO has offices in Seattle, Toronto, London, Milan, Paris, Madrid, Dusseldorf, and Tianjin, China. The Company is backed by Oak Investment Partners, Draper Fisher Jurvetson, Altitude Capital Partners, Meritech Capital Partners, DFJ ePlanet Ventures, DFJ Growth Fund, Rustic Canyon Ventures, GKM Newport, Stanford Accelerator and Blueprint Ventures. For more information, please visit www.visto.com.

About GOOD Technology
Good Technology, now a wholly owned subsidiary of VISTO, is a leader in enterprise wireless handheld computing software and services, delivering critical corporate information to the handhelds users choose, over the networks they prefer. Good Mobile Messaging™, Good Administration Center™, and Good Mobile Connection™ solutions extend enterprise applications to mobile employees when and where they need them, using enterprise-level security and real-time two-way wireless synchronization.

The solutions have been selected by thousands of enterprise customers for their ability to empower mobile professionals to communicate more efficiently with customers, suppliers, and partners whenever they're away from their desks. They utilize a combination of software and service to deliver the lowest total cost of ownership available through "Zero IT Touch" over-the-air (OTA) software management and real-time handheld fleet visibility. For more information, please visit www.good.com.

# # #

For More Information:

Maureen O'Connell
VISTO/Good
Phone: +1 650 486 6503
Mobile: +1 408 679 0648
Email: moconnell@VISTO.com

Katherine Brodahl
Burson-Marsteller for VISTO/Good
Phone: +1 415 591 4018
Email: katherine.brodahl@bm.com

Richard Fogg/Alex Sowden
The CC Group for VISTO/Good
Phone: +44 (0)118 939 5900
Email: VISTO@the-CC-group.com


©Copyright 2009 VISTO Corporation and Good Technology, Inc.

VISTO Corporation, VISTO, the VISTO logo, VISTO Mobile, ConstantSync, Constant Synchronization and worklife.freedom are either trademarks or registered trademarks of VISTO Corporation. All third-party trademarks, trade names, or service marks are the property of their respective owners and are used only to refer to the goods or services identified by those third-party marks. VISTO's technology is protected by U.S. Patents 6,085,192; 5,968,131; 6,023,708; 5,961,590; 6,131,116; 6,151,606; 6,233,341; 6,131,096, 6,708,221 and 6,766,454 along with numerous foreign patents and applications pending and the following NTP U.S. Patents: 5,436,960, 5,438,611, 5,479,472, 5,625,670, 5,631,946, 5,819,172, 6,067,451, 6,317,592

Good, Good Technology, the Good logo, Good Mobile Messaging, Good Administration Center, and Good Mobile Connection are trademarks of Good Technology, Inc.

All third-party trademarks, trade names, or service marks used herein are the property of their respective owners and are used only to refer to the goods or services identified by those third-party marks.


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