I just read that e-mails from Zultys are being returned saying the company is out of business. I hear there was a problem with the financing. Investors decided not to back the company further. I imagine it is too soon for the poor Avaya quarter to have had an impact on Zultys funding but who knows. I am going to reach out to the company and see what I can uncover. By the way, TMC’s Greg Galitzine broke the story.
I just spoke with Iain Milnes the founder of the company and he said they are ceasing operations and terminating employees temporarily -- until they get financing. They feel they have a great product portfolio and a great channel – I agree. They are looking for investors who see this value. Contact firstname.lastname@example.org for details.