SOURCE: Juma Technology Corp.

Juma Technology Corp.

Juma Technology Corp.

September 29, 2009 07:45 ET

Juma Retains Ladenburg Thalmann as Investment Banking Partner

FARMINGDALE, NY--(Marketwire - September 29, 2009) - Juma Technology Corp. (OTCBB: JUMT), a leading IP convergence firm specializing in managed services, today announced that it retained Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services, Inc. (NYSE Amex: LTS)

Ladenburg's Sol Alan Saad, Managing Director and Industry Coverage Head for Telecom, Media and Technology, will lead the team of investment banking professionals working with Juma.

The Ladenburg investment banking division will provide Juma with a full-range of services including advice related to capital structure, enhancing shareholder value, strategic advisory services, as well as mergers, acquisitions, divestitures, strategic alliances and licensing agreements.

Anthony M. Servidio, Chief Executive Officer of Juma Technology, said, "We are extremely pleased to retain the exceptional team at Ladenburg to provide guidance and support as we continue to grow our company. Their superior experience in our industry is a valuable asset that will undoubtedly help us reach and exceed our business goals."

About Juma Technology (www.jumacorp.com)

Juma Technology Corp. provides advanced IP Convergence solutions that integrate voice, data and video applications. Juma's IP Convergence solutions enable companies to increase productivity, enhance mobility and create significant cost savings. Juma has been recognized as an industry leader in providing integrated business communications and services, helping customers leverage network convergence to achieve their business goals. Nectar Services Corp., an IP communications and management services provider, is a wholly owned subsidiary of Juma and represents the company's services division. The Nectar suite of services delivers real business solutions to help companies mitigate risk, centralize systems management and dramatically reduce telecom expenses. Follow us on Twitter www.twitter.com/jumatech.

About Ladenburg (www.ladenburg.com)

Ladenburg Thalmann Financial Services, Inc. is engaged in investment banking, equity research, institutional sales and trading, independent brokerage and advisory services and asset management services through its principal subsidiaries, Ladenburg Thalmann & Co. Inc., Investacorp, Inc. and Triad Advisors, Inc. Founded in 1876 and a New York Stock Exchange member since 1879, Ladenburg Thalmann & Co. is a full service investment banking and brokerage firm providing services principally for middle market and emerging growth companies and high net worth individuals. Investacorp, Inc., a leading independent broker-dealer headquartered in Miami Lakes, Florida, has been serving the independent registered representative community since 1978 and has approximately 500 independent financial associates nationwide. Founded in 1998, Triad Advisors, Inc. is a leading independent broker-dealer and registered investment advisor headquartered in Norcross, Georgia that offers a broad menu of products, services and total wealth management solutions to approximately 400 independent financial advisors located nationwide. Ladenburg Thalmann Financial Services is based in Miami, Florida. Ladenburg Thalmann & Co. is based in New York City, with regional offices in Miami and Boca Raton, Florida; Melville, New York; Lincolnshire, Illinois; Los Angeles, California; and Princeton, New Jersey. For more information, please visit www.ladenburg.com.

Member: NYSE, NYSE Amex, and all other principal exchanges. Member SIPC

Contact Information

  • Contacts:

    Juma Technology Corp.
    Melissa Nacerino
    646-291-8264
    Email Contact

    Investor Relations
    Jose Castaneda
    720-733-0051
    Email Contact

    Ladenburg Thalmann & Co. Inc.
    David Malina
    305-572-4200
    4400 Biscayne Boulevard
    Miami, Florida 33137
    Email Contact