UCN Discloses Executive Compensation per NASDAQ Listing Requirements
December 10 2008 - 4:12PM
Marketwired
UCN, Inc. (NASDAQ: UCNN), the market leader in on-demand contact
center software, has disclosed certain executive compensation per
the listing requirements of the NASDAQ Stock Market.
On November 28, 2007, Rudy Vidal began his employment as chief
customer officer of UCN. Under the terms of his employment, UCN
granted to Vidal options to purchase 100,000 shares of common stock
at an exercise price equal to the market value on the date of grant
that vest in equal installments over three years beginning on the
one year anniversary of the date of grant and expire five years
following the date of grant.
On March 17, 2008, David Oldham began his employment as UCN's
vice president of marketing. Under the terms of his employment, UCN
granted to Oldham options to purchase 60,000 shares of common stock
at an exercise price equal to the market value on the date of grant
that vest in equal installments over three years beginning on the
one year anniversary of the date of grant and expire five years
following the date of grant.
On May 5, 2008, Frank Maylett was elected by the Board of
Directors to the position of executive vice president of sales and
began his employment on May 6, 2008. Under the terms of his
employment, UCN granted to Maylett options to purchase 250,000
shares of common stock at an exercise price equal to the market
value on the date of grant that vest in equal installments over
three years beginning on the one year anniversary of the date of
grant and expire five years following the date of grant.
On June 23, 2008, Ed McGarr began his employment as UCN's vice
president of business development. Under the terms of his
employment, UCN issued to McGarr options to purchase 50,000 shares
of common stock at an exercise price equal to the market value on
the date of grant that vest in equal installments over three years
beginning on the one year anniversary of the date of grant and
expire five years following the date of grant.
About UCN
UCN, Inc. is the market leader in software-as-a-service (SaaS)
applications for contact centers. The award-winning inContact�
suite includes an integrated package of advanced contact handling,
performance monitoring and management tools. UCN's patented
software includes an enterprise-grade ACD (Automated Call
Distribution) with skills-based routing, IVR (Interactive Voice
Response) with speech recognition, and CTI (Computer Telephony
Integration). Agent performance optimization features include:
customer experience surveys, call monitoring, call recording,
workforce scheduling, forecasting and adherence, agent hiring tools
to reduce attrition, and targeted e-training and communications
delivered to the agent desktop. The inContact on-demand platform is
especially effective at allowing multi-site and remote workforces
to function as a single unit. inContact requires no capital
expenditure while delivering rapid application development tools
for IT control, Fortune 500-compliant security, and a 24/7/365
managed network with carrier-grade redundancy. To learn more about
UCN, visit www.ucn.net.
UCN Contact: Michael Flint VP Treasury and Financial Reporting
Tel 801.715.5302 UCN Investor Contact: Liolios Group, Inc. Scott
Liolios or Ron Both Tel 949.574.3860 Email Contact
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