Q1 Capital Partners

Based in Toronto, Ontario, Wallace Wireless is the leading provider of premium alerting and business continuity solutions for smartphones offering a comprehensive suite of ready to use and easy to deploy wireless applications that solve enterprise mobility issues including: pager replacements and alerting; emergency communication; contact and content management; as well as forms-based data capture and data access.

Founded in 2001, Wallace is privately owned by its founders and a small group of initial investors.  The Company’s management team has worked together for over 15 years and has a track record of successfully developing and commercializing software products.  The Company is a Preferred BlackBerry Alliance Partner and serves clients in the healthcare, financial services, professional services, government, public safety, utilities, and education sectors.

Rob Moffatt, co-founder and CEO of Wallace:

"Q1 Capital did a great job representing Wallace Wireless in our recent acquisition by Vocera Communications. Mike Middleton and his team were invaluable; they managed the M&A process, brought multiple bidders to the table and let us focus on running our business. Q1 was great to work with, but more importantly were able to maximize the value our shareholders received."

San Jose, California-based Vocera Communications, Inc. is the leading provider of voice communications systems designed to restore the human connection to healthcare. By providing integrated communications solutions for both voice and alarm and alert systems, Vocera allows care teams, patients and loved ones to exchange critical information at the point of care. Exclusively endorsed by the American Hospital Association, the Vocera system is installed in more than 700 hospitals with more than 500,000 daily users worldwide. The company is headquartered in San Jose, Calif., with offices in Tennessee, the United Kingdom and now, Toronto, Ontario.  Importantly, Vocera intends to keep Wallace’s management and development team in Toronto and build upon that team while establishing the Toronto office as their Canadian sales office.

In this transaction, Q1 Capital acted as exclusive financial advisor to Wallace in conducting a targeted auction with multiple US players, negotiating and closing the sale of the Company.

For additional information contact:

Mike Middleton  | mm@q1capital.com  | 416-850-7474, 201  | www.q1capital.com