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Technology Stocks : Voice-on-the-net (VON), VoIP, Internet (IP) Telephony

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From: Sr K5/16/2012 5:13:43 PM
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magicJack VocalTec Ltd. (CALL) - NasdaqGM

18.87 2.99(13.68%) 4:00PM EDT|After Hours: 18.90 0.03 (0.16%) 5:07PM EDT - Nasdaq Real Time Price

WEST PALM BEACH, Fla., and NETANYA, Israel, May 11, 2012 (GLOBE NEWSWIRE) -- magicJack VocalTec, Ltd. (Nasdaq: CALL- News) (the "Company"), a cloud communications leader that invented voice over IP (VoIP) and sold over nine million magicJacks(R), today announces cancellation of its Rights Offering to shareholders of record on May 18th, 2012. magicJack has decided it is in the best interest of the Company and its shareholders to terminate the rights offering to shareholders. After discussions with interested parties, the Company concluded that it could not go forward with the offering.
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