sentitO Networks Acquisition

4/5/2007

M&A

$10,500,000

Verso Technologies, Inc. (Nasdaq: VRSO - News), a global provider of next generation network solutions, announced today that it has entered into a definitive merger agreement to acquire privately held sentitO Networks, Inc. of Acton, Massachusetts for approximately 7.7 million restricted shares of Verso common stock, 2.2 million of which are subject to escrow provisions, and warrants to purchase approximately 841,000 shares of Verso common stock, subject to certain conditions and approvals. Pursuant to the merger agreement, an additional $3.0 million of Verso common stock will be issued through an earn-out provision based on Verso achieving a $12.0 million revenue target during the 12 month period following the closing of the acquisition that is attributable to the sentitO business.

Acquired or Merged

Networking

43 Nagog Park
Acton, MA 01720
USA

Not Recorded

sentitO Networks is a leading provider of open and distributed VoIP switching and service delivery solutions that help telecommunications service providers worldwide successfully migrate their networks to deliver Voice over IP (VoIP) services.