Exhibit 99.1

Vlingo Corporation

Unaudited Condensed Consolidated Financial Statements as of March 31, 2012 and December 31, 2011 and for the Three Months Ended March 31, 2012 and 2011.

VLINGO CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

AS OF MARCH 31, 2012 AND DECEMBER 31, 2011

(In thousands, except share and per share data)

See notes to unaudited condensed consolidated financial statements.

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VLINGO CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED)

FOR THE THREE MONTHS ENDED MARCH 31, 2012 AND 2011

(In thousands)

See notes to unaudited condensed consolidated financial statements.

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VLINGO CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

FOR THE THREE MONTHS ENDED MARCH 31, 2012 AND 2011

(In thousands)

See notes to unaudited condensed consolidated financial statements.

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VLINGO CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

(In thousands, except share and per share data)

Vlingo Corporation (the “Company”) was incorporated in Delaware on June 12, 2006. The Company develops and sells speech recognition software for use in mobile devices.

The Company is subject to risks and uncertainties common to early-stage companies, including the ability to obtain adequate financing, dependence on key individuals, successful development and marketing of its product, competition from larger and more established enterprises, and the need to establish profitable operations. The Company has funded its operations to date primarily through the sale of preferred stock and from debt financing. The Company must substantially increase revenues from the current level to achieve profitability. Management believes that it will be able to fund its current operations using its existing working capital through 2012.

Basis of Presentation and Principles of Consolidation — The accompanying condensed consolidated financial statements include the accounts of the company and its wholly-owned subsidiaries. The accompanying condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) for interim periods. In the opinion of management of the Company, these condensed consolidated financial statements reflect all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of the Company’s financial position for the periods disclosed. All intercompany balances and transactions have been eliminated in consolidation. The condensed consolidated balance sheet as of December 31, 2011 has been derived from the Company’s audited consolidated balance sheet as of that date.

Although the Company believes the disclosures in these condensed consolidated financial statements are adequate to make the information presented not misleading, certain information normally included in the footnotes prepared in accordance with GAAP has been omitted. Accordingly, these condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and the notes thereto included in the Company’s consolidated financial statements for the fiscal year ended December 31, 2011 and 2010. Interim results are not necessarily indicative of the results that may be expected for a full year.

Use of Estimates — The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

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Concentrations of Credit Risk and Significant Customers — The majority of revenue in the three months ended March 31, 2012 and 2011 was generated in the United States. Customers that represented more than 10% of revenues for the three months ended March 31, 2012 and 2011, and customers that accounted for more than 10% of accounts receivable as of March 31, 2012 and December 31, 2011 are presented below.

Customer A also represents approximately 70% of total deferred revenue.

Two of the Company’s Series B Redeemable Convertible Preferred Stock (“Series B Preferred Stock”) holders were customers during the three months ended March 31, 2012 and 2011. The Company’s Series D Redeemable Convertible Preferred Stock (“Series D Preferred Stock”) holder was a customer during the three months ended March 31, 2012 and 2011. Revenue resulting from these arms-length transactions with preferred stock holders totaled $149 and $249 in the three months ended March 31, 2012 and 2011, respectively. Accounts receivable from these preferred stock holders was $0 and $8 as of March 31, 2012 and December 31, 2011, respectively. Deferred revenue related to the same preferred holders totaled $928 and $617 at March 31, 2012 and December 31, 2011, respectively.

Recently Issued Accounting Standards — In June 2011, the FASB issued ASU 2011-05, Comprehensive Income (Topic 220): Presentation of Comprehensive Income. Under this ASU, an entity will have the option to present the components of net income and comprehensive income in either one or two consecutive financial statements. The ASU eliminates the option in U.S. GAAP to present other comprehensive income in the statement of changes in equity. An entity should apply the ASU retrospectively. For a nonpublic entity, the ASU is effective for fiscal years ending after December 15, 2012, and interim and annual periods thereafter. Early adoption is permitted. The changes in presentation required by this standard have been affected in the Statement of Operations, as presented, and did not have a material impact on the financial statements. In December 2011, the FASB decided to defer the effective date of those changes in ASU 2011-05 that relate only to the presentation of reclassification adjustments in the statement of income by issuing ASU 2011-12, Comprehensive Income (Topic 220): Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive income in Accounting Standards Update 2011-05.

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In May 2011, the FASB issued ASU 2011-04, Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRS. The new standards do not extend the use of fair value but, rather, provide guidance about how fair value should be applied where it already is required or permitted under current accounting standards. For U.S. GAAP, most of the changes are clarifications of existing guidance or wording changes to align with IFRS. A nonpublic entity is required to apply the ASU prospectively for annual periods beginning after December 15, 2011. The Company expects that the adoption of ASU 2011-04 in 2012 will not have a material impact on its consolidated financial statements.

In October 2009, the FASB issued Accounting Standards Update (ASU) 2009-13, Revenue Recognition (Topic 605): Multiple-Deliverable Revenue Arrangements (EITF Issue No. 08-1, “Revenue Arrangements with Multiple Deliverables”). ASU 2009-13 amends FASB ASC Subtopic 605-25, Revenue Recognition — Multiple-Element Arrangements, to eliminate the requirement that all undelivered elements have vendor specific objective evidence of selling price (VSOE) or third party evidence of selling price (TPE) before an entity can recognize the portion of an overall arrangement fee that is attributable to items that already have been delivered. This guidance is applicable for arrangements, or portions of arrangements, that do not fall within the scope of industry-specific revenue recognition guidance, such as the guidance applicable to arrangements to license software. ASU 2009-13 is effective prospectively for revenue arrangements entered into or materially modified in fiscal years beginning on or after June 15, 2010. Early adoption is permitted. The Company adopted this standard on a prospective basis as of January 1, 2011. The adoption did not have an effect on the Company’s recognition of revenue, as the Company generally does not have standalone value for elements in nonsoftware multiple element arrangements.

Property and equipment as of March 31, 2012 and December 31, 2011 consists of the following:

Depreciation expense was approximately $184 and $82 for the three months ended March 31, 2012 and 2011, respectively.

Amortization expense for intangible assets was approximately $156 for the three months ended March 31, 2012 and 2011.

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Intangible assets consisted of the following as of March 31, 2012 and December 31, 2011:

Defensive intangible assets are recorded as a component of other assets.

Amortization expense in future periods is estimated to be as follows:

The Company’s tax expense was $0 for the three months ended March 31, 2012 and 2011. In light of the Company’s history of operating losses, the Company has recorded a full valuation allowance for its U.S. federal and state deferred tax assets. The Company intends to maintain this valuation allowance until there is sufficient evidence to conclude that it is more likely than not that the federal and state deferred tax assets will be realized.

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Utilization of net operating loss and research and development credit carryforwards may be subject to a substantial annual limitation due to ownership changes, as defined in Section 382 of the Internal Revenue Code of 1986. These ownership changes may limit the amount of net operating loss and research and development credit carryforwards that can be utilized annually to offset future taxable income and tax, respectively. In general, an ownership change, as defined by Section 382, results from transactions increasing the ownership of certain shareholders or shareholder groups in the stock of a corporation by more than 50 percentage points over a three-year period. Since the Company’s formation, the Company has raised capital through the issuance of common stock and redeemable convertible preferred stock, which may have resulted in a change of control, as defined by Section 382, or could result in a change of control in the future upon subsequent transactions. The Company has not completed a study to assess whether a change of control has occurred or whether there have been multiple changes of control since the Company’s formation due to the significant complexity and cost associated with such study and because there could be additional changes in control in the future. As a result, the Company is not able to estimate the effect of the change in control, if any, on the Company’s ability to utilize net operating loss and research and development credits carryforwards in the future.

The future amortization of the issuance costs and terminal fee is as follows:

The future annual cash payments due as of March 31, 2012 are as follows:

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As of March 31, 2012, debt consisted of the following items:

Preferred Stock Warrant — In May 2009, the Company issued a warrant to a lender to purchase 32,189 shares of Series B Preferred Stock at an exercise price of $2.33 per share. The loan was later paid in full but the Series B Preferred Stock warrant remains unexercised at March 31, 2012. As of March 31, 2012, the fair value of the warrant was $138, valued using the Black-Scholes option pricing model with assumptions of no dividend yield, a volatility of 53%, life of 4.25 years, and a risk-free interest rate of 0.77%.

Common Stock Warrants — In March 2008, in conjunction with the conversion of a convertible note, the Company issued a warrant to the holder of the convertible note to purchase 858,369 shares of the Company’s common stock at an exercise price of $0.63 per share with a fair value of $365. The Company recorded the fair value of the common stock warrant of $365 as additional paid-in capital and interest expense. The Company valued the common stock warrant on the date of grant using the Black-Scholes option pricing model with the following assumptions: no dividend yield, risk-free interest rate of 3.5%, volatility of 58%, and contractual life of 10 years. The common stock warrant remains unexercised at March 31, 2012.

Common Stock Reserved — As of March 31, 2012, the Company has authorized 60,000,000 shares of common stock and the following number of shares of common stock has been reserved for the potential conversion of preferred stock and exercise of stock options.

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The Board of Directors adopted the 2006 Stock Incentive Plan (the “Plan”), which provides for the grant of qualified incentive stock options and nonqualified stock options or other awards to the Company’s employees, officers, directors, advisors, and outside consultants to purchase up to an aggregate of 4,500,231 shares of the Company’s common stock. The stock options generally vest over a four-year period and expire 10 years from the date of grant. The Company has 474,449 stock options available for future grant under the Plan as of March 31, 2012. Certain options provide for accelerated vesting if there is a change in control, as defined in the Plan. The Company generally issues previously unissued shares of common stock for the exercise of stock options. Canceled or forfeited options are made available for future grants.

During the three months ended March 31 2011, the Company granted options with an aggregate grant date fair value of approximately $27, which is being recorded as stock-based compensation expense on a straight-line basis over the vesting period of the options for employees as the services are being provided, which is generally four years. No options were granted in the three months ended March 31, 2012. The weighted average grant date fair value of options granted during the three months ended March 31, 2011 was $0.53 per share. The Company has recorded stock-based compensation expense of approximately $87 and $116 during the three months ended March 31, 2012 and 2011, respectively, which is based on awards ultimately expected to vest. The tax effects have not been material.

During the three months ended March 31, 2012 and 2011, the recorded stock-based compensation expense was classified in the statements of operations and comprehensive loss as follows:

The estimation of share based awards that will ultimately vest requires judgment, and to the extent actual results differ from the Company’s estimates, such amounts will be recorded as an adjustment in the period estimates are revised.

As the Company did not have any grants during the three months ended March 31, 2012, the assumptions used in the Black-Scholes option pricing model during the three months ended March 31, 2011 are as follows:

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A summary of option activity under the Plan for the three months ended March 31, 2012 is as follows:

No tax benefits were realized from options and other share-based payment arrangements during the three months ended March 31, 2012 and 2011. Total intrinsic value of options exercised during the three months ended March 31, 2012 and 2011 was 557 and 19, respectively, representing the difference between the common stock fair value on the exercise date and the option exercise price.

As of March 31, 2012, there was approximately $604 of unrecognized stock-based compensation cost related to nonvested options granted under the Plan that are expected to vest and be recognized over a weighted average period of 1.9 years.

Potential Merger — In October 2009 and contemporaneous with the issuance of the Series C Preferred Stock, the Company granted an option to one of the Series C Preferred Stock holders, Nuance Communications Inc. (“Nuance”), providing Nuance with the right to acquire the Company at a fixed price at any time through January 8, 2011. The option expired unexercised on January 8, 2011. There were no gains or losses resulting from the expiration of the option.

In December 2011, Nuance entered into an agreement to acquire all of the issued and to be issued shares of the Company, subject to regulatory approvals and other customary closing conditions. Pursuant to the term of the agreement, the Company received a non-refundable advance of $30 million from Nuance, which is reported in advance payment for business combination within current liabilities at March 31, 2012. In the event the transaction does not close by July 1, 2012, Nuance is required to make a non-refundable advance payment of $5 million and will be obligated to pay an additional $5 million on the first day of each month thereafter, up to an additional $30 million, until the transaction is completed. All payments received by the Company have been deferred until such time that the transaction is completed.

Litigation — In June 2008, July 2009, and June 2011, Nuance filed lawsuits against the Company claiming that the Company’s products infringe patents assigned to Nuance. The Company is vigorously defending itself in the lawsuits. In July 2010, the Company acquired defensive intangible assets (see Note 4) and filed a counter suit against Nuance claiming Nuance’s products infringe patents assigned to the Company. The Company does not believe that its products infringe on any of the Nuance’s patents.

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In July 2011, one of the lawsuits filed by Nuance in Massachusetts began its court proceedings. In August 2011, the Company was found not guilty on each claim made by Nuance. The Company does not believe that its products infringe in any way, however, the Company is not able to estimate the outcome of the other lawsuits filed by Nuance, or the amount or range of any potential loss that could result from any unfavorable outcome of the other lawsuits. As of January 31, 2012, all litigation between Nuance and the Company was stayed pending the closure of the proposed acquisition.

In September 2011, LVL Patent Group LLC (LVL) filed a lawsuit against the Company claiming that the Company’s products infringe a patent assigned to LVL. The Company is vigorously defending itself in the lawsuit. The Company does not believe that its products infringe in any way, however, the Company is not able to estimate the outcome of the lawsuit filed by LVL, or the amount or range of any potential loss that could result from any unfavorable outcome of the lawsuit.

Leases — The Company leases its office and certain collocation facilities under noncancelable operating leases that expire at various dates through February 2015. Rent expense for the three months ended March 31, 2012 and 2011 was approximately $205 and $170, respectively. The lease agreements contain escalating rent payments. Rent expense is recorded on the straight-line basis, and therefore, as of March 31, 2012 and December 31, 2011, the Company has deferred rent of approximately $18 and $20, respectively, which is included in accrued expenses.

Future minimum amounts payable under the operating lease agreements are as follows as of March 31, 2012:

For fair value measurement, management uses a fair value hierarchy, which classifies fair value measurements based on the inputs used in measuring fair value. These categories include (in descending order of priority): Level 1, defined as observable inputs, such as quoted prices in active markets for identical instruments; Level 2, defined as inputs other than quoted prices included in Level 1 that are either directly or indirectly observable for similar instruments; and Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

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The assets and liabilities measured at fair value on a recurring basis as of March 31, 2012 and December 31, 2011, and the input categories associated with those assets and liabilities are as follows:

A rollforward of the fair value of the preferred stock warrant and success fee derivative valued using Level 3 inputs at March 31, 2012 is as follows:

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The Company is required to consider the need to adjust its financial statements or provide additional disclosures as a result of events that occur after the balance sheet date but before financial statements are issued or available to be issued. The Company has evaluated subsequent events through July 20, 2012.

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