TNS, Inc. Announces Pricing of Common Stock Offering

TNS, Inc. announced Friday that it has completed an offering of 7,780,255 shares of common stock at $23.25 per share. TNS sold 1,200,000 shares, and selling stockholders sold 6,580,255 shares. TNS did not receive any proceeds from the sale of shares by selling stockholders. TNS has granted the underwriters an option to purchase up to an additional 900,000 common shares to cover over-allotments, if any. William Blair & Company acted as the book running manager, with SunTrust Robinson Humphrey acting as co-lead manager and Friedman, Billings, Ramsey & Co., Inc. and Barrington Research Associates acting as co-managers.

About TNS
TNS is a leading provider of business-critical, cost-effective data communications services for transaction-oriented applications and operates through its wholly owned subsidiary Transaction Network Services, Inc. TNS provides rapid, reliable and secure transaction delivery platforms to enable transaction authorization and processing across several vertical markets and trading communities.