HACKENSACK, N.J., - GoAmerica, Inc. (NASDAQ: GOAM) today announced the execution of a definitive agreement under which it will acquire the assets of Verizon's Telecommunications Relay Services (TRS) division for $50 million in cash and up to an additional $8 million in contingent cash consideration. This acquisition will be financed by the issuances of new GoAmerica preferred stock and debt totaling $65 million to Clearlake Capital Group, pursuant to agreements and a commitment letter executed concurrently with the Verizon agreement.

ALISO VIEJO, Calif., (PRIME NEWSWIRE) -- Buy.com(r), the Internet Superstore(tm), today reported revenues of $462 million for 2006, an increase of 34% from 2005. Gross profit increased 68% to $59.9 million. At the end of December 2006, the company reported in excess of 10 million cumulative customer accounts.