SOURCE: Paltalk

Paltalk

November 18, 2009 08:30 ET

Paltalk Acquires Leading Virtual Phone Number Service Vumber.com

Building on Vumber's Robust Technology, Paltalk Will Integrate Vumber Service Into Its Offerings to Allow Real Time Virtual Phone Service

NEW YORK, NY--(Marketwire - November 18, 2009) - Paltalk, the leading real-time, video-based community with four million active members, confirmed today that it has completed an acquisition of Vumber.com, including all customers, intellectual property, trademarks and URLs of Vumber, a leading virtual phone service. Vumber is a virtual, disposable phone number service that enables subscribers to choose an additional phone number that can be linked to any existing phone line. This allows customers to make calls while maintaining the privacy of their phone numbers.

The completion of this transaction marks Paltalk's ability to build on the previous relationship between the two companies to deliver a seamless communications platform for users. Paltalk and Vumber first partnered in February 2008 to provide privacy-ensured phone numbers to Paltalk's user base. The addition of the Vumber services into Paltalk's video and chat service offering will provide users with more privacy, control and freedom when providing phone numbers to one another.

"Given the popularity of our service across Paltalk's base and how closely we've worked with the Paltalk team over the past two years, our integration into the Paltalk portfolio of services is a natural next step in our evolution and Paltalk's evolution," said Cliff Wener, President of Vumber. "We look forward to helping Paltalk in its mission of helping people engage, interact and build communities across the social web."

"2009 provided Paltalk with unique opportunities, including the acquisition of novel and valuable technology from Vumber, to strengthen our market position within the communications space," said Jason Katz, CEO of Paltalk. "The completion of this acquisition allows us to continue to promote Paltalk as a friendly, engaging and trusted community of real people. This marks another milestone in our ten year history of innovation."

Vumber will continue to provide normal service to all its users.

About Paltalk

Paltalk is the premier provider of software and technology for real-time, rich media, interactive social networking. The Paltalk platform powers the largest collection of video based communities and continues to grow since it was launched in 1998. Paltalk now boasts millions of active members with nearly 100,000 people simultaneously chatting in rooms engaged in lively dialogues, meeting new friends, trading stock tips, singing karaoke, and attending family reunions. The Paltalk community is vibrant due to the high quality of the room environments supported by a range of free moderation tools.

In addition, Paltalk delivers original programming geared to the interests of the community. Paltalk Interactive events have hosted such entertainment celebrities as William Shatner and radio personalities Opie and Anthony, among others. Paltalk supports IM pals on AOL, Yahoo, MSN, and ICQ and is available as a free download.

For more information, please visit: http://www.paltalk.com.

About Vumber

Vumber is a secure virtual phone number service that keeps your phone number private until you decide it not to be. It allows users to instantly get a new phone number from any area code throughout the US forwarded to their existing phone. No PCs or special phones are required. Users are able to make and receive phone calls from their Vumbers without affecting their existing phone service.

Vumber is a versatile, nationwide virtual phone service. It gives entrepreneurs, online daters and long-distance callers the ability to save money, stay in touch and simplify their communications without ever revealing their personal phone numbers.