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Press Release -- February 2nd, 2011
Source: Masergy Communications
Tags: Exchange

Masergy Communications, Inc. Announces Commencement of Initial Public Offering

PLANO, Texas–Masergy Communications, Inc., a leading provider of managed, secure virtualized network services to enterprises, today announced that it has commenced an initial public offering of 7,700,000 shares of its common stock. Of the shares in the offering, 3,850,000 shares are being offered by the company and 3,850,000 shares are being offered by selling stockholders. The estimated price range for the initial public offering is $12.00 to $14.00 per share.

Masergy’s common stock has been approved for listing on the New York Stock Exchange under the symbol “MSGY.” The underwriters have a 30-day option to purchase up to an additional 1,155,000 shares of common stock from the selling stockholders to cover over-allotments, if any. Masergy will not receive any proceeds from the sale of shares by the selling stockholders.

BofA Merrill Lynch and Deutsche Bank Securities Inc. will serve as joint book-running managers for the offering, with Stifel Nicolaus Weisel and Pacific Crest Securities LLC acting as co-managers.

The offering of these securities will be made only by means of a prospectus. Copies of the preliminary prospectus relating to the offering may be obtained from BofA Merrill Lynch, 4 World Financial Center, New York, NY 10080, Attn: Prospectus Department or email, or Deutsche Bank Securities, Attention: Prospectus Department, 100 Plaza One, Jersey City, NJ 07311, phone number (800) 503-4611 or email at

A registration statement related to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor may there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Masergy

Located in Plano, Texas, Masergy Communications, Inc. provides managed, secure virtualized network services to enterprises with complex technology needs across multiple locations throughout the world.


for Masergy
Thomas Moore, 972-499-6648
Seth Potter, 1-855-MASERGY (627-3749)

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