Business News

Yellow Pages Group Completes the Acquisition of Directory Systems & Services and Publishing Operations From Volt Information Sciences, Inc.

Monday 08. September 2008 - Yellow Pages Group (YPG) through Yellow Pages Income Fund (TSX:YLO.UN) announces that it has completed the acquisition of the assets of Volt Information Sciences, Inc. (VOLT)'s directory systems and services as well as its directory publishing operations, in accordance with the terms previously announced on July 30, 2008.

VOLT provides systems and services for the production and management of databases as well as the digitization of display advertisements for directory and other media publishers. VOLT has been a partner to YPG for the last 17 years. The transaction will allow YPG to secure these strategic competencies.

In addition to the directory systems and services, YPG acquires the publishing operations Data National, a publisher of independent directories in selected Mid-Atlantic and Southeast American markets. The company operates print community directories under the Community Phonebook brand name.