Nuance Extends Offer to Acquire Transcend for $29.50, Says 91.66% of Shares Tendered as of April 16

Nuance Communications, Inc. NUAN today announced that its wholly owned subsidiary, Townsend Merger Corporation, has extended the expiration of its cash tender offer for all outstanding shares of common stock of Transcend Services, Inc. TRCR for $29.50 per share, without interest and less any applicable withholding taxes, until 5:00 p.m., New York City time, on Wednesday, April 25, 2012. The tender offer was extended because the eScription Condition, as described in the Offer to Purchase dated March 20, 2012, had not yet been satisfied as of the scheduled expiration of the offer.