We feel that Hotpaper.com’s unique technology complements GoAmerica’s growing portfolio of services, aimed at offering complete wireless business solutions, said Aaron Dobrinsky, GoAmerica’s president and CEO. This application will offer increased productivity and efficiency for mobile professionals, giving GoAmerica’s corporate customers a competitive advantage.
The Hotpaper.com choose-customize-deliver platform, integrated with GoAmerica’s industry-leading Go.WebTM technology, enables mobile professionals to create customized Microsoft Word and Adobe PDF documents from wireless devices and transmit them on the spot, via fax or email. Professionals in document- intensive markets such as sales, banking, legal and human resources will be able to create documents wirelessly, thereby improving efficiency and shortening business cycles.
Under terms of the transaction, GoAmerica issued $9.25 million in restricted stock and paid cash of $750,000 to the stockholders of Hotpaper.com.
