High-Tech Writers / Business Editors CHELMSFORD, Mass.--(BUSINESS WIRE)--SONS--
Sonus Networks (Pink Sheets: SONS), a leading supplier
of service provider voice over IP (VoIP) infrastructure solutions,
today announced that it has received a determination from The Nasdaq
Listing Qualifications Panel that it is appropriate to relist Sonus'
common stock on The Nasdaq National Market. Nasdaq has informed Sonus
that its common stock will again trade on The Nasdaq National Market
upon the opening of the market on Monday, September 13, 2004, under
the symbol "SONS."
"We are excited to return to The Nasdaq National Market," said
Hassan Ahmed, chairman and chief executive officer, Sonus Networks.
"With our relisting on Nasdaq, we close out this difficult chapter in
Sonus' history, and we are extremely grateful for the continued
support of Sonus' shareholders, customers and employees throughout
this period. Looking ahead, we are enthusiastic about the voice over
IP market and the opportunities ahead of us."
About Sonus Networks
Sonus Networks, Inc. is a leading provider of voice over IP (VoIP)
infrastructure solutions for wireline and wireless service providers.
With its Open Services Architecture(TM) (OSA), Sonus delivers
end-to-end solutions addressing a full range of carrier applications,
including trunking and tandem switching, residential and business
access, network border switching and enhanced services. Sonus' voice
infrastructure solutions, including media gateways, softswitches and
network management systems, are deployed in service provider networks
worldwide. Sonus, founded in 1997, is headquartered in Chelmsford,
Massachusetts. Additional information on Sonus is available at http://www.sonusnet.com.
This release may contain forward-looking statements regarding
future events that involve risks and uncertainties. Readers are
cautioned that these forward-looking statements are only predictions
and may differ materially from actual future events or results.
Readers are referred to the "Risk Factors" section of Sonus' Annual
Report on Form 10-K/A dated July 28, 2004 and filed with the SEC, and
the "Cautionary Statements" section of Sonus' Quarterly Report on Form
10-Q, dated August 20, 2004 and filed with the SEC, which identify
important risk factors that could cause actual results to differ from
those contained in the forward-looking statements. Risk factors
include, among others, risks associated with the pending securities
litigation and SEC investigation. In addition, any forward-looking
statements represent Sonus' views only as of today and should not be
relied upon as representing Sonus' views as of any subsequent date.
While Sonus may elect to update forward-looking statements at some
point, Sonus specifically disclaims any obligation to do so.
Sonus is a registered trademark of Sonus Networks. Open Services
Architecture, GSX9000, Insignus and Sonus Insight are trademarks of
Sonus Networks. All other trademarks, service marks, registered
trademarks, or registered service marks are the property of their
respective owners.
KEYWORD: MASSACHUSETTS
INDUSTRY KEYWORD: TELECOMMUNICATIONS SOFTWARE NETWORKING HARDWARE SOFTWARE HARDWARE COMPUTERS/ELECTRONICS
SOURCE: Sonus Networks
CONTACT INFORMATION:
Sonus Networks
Investor Relations:
Jocelyn Philbrook, 978-614-8672
jphilbrook@sonusnet.com
or
Media Relations:
Beth Morrissey, 978-614-8579
bmorrissey@sonusnet.com
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