WESTFORD, Mass., Oct. 10, 2017 /PRNewswire/ -- Sonus Networks,
Inc. (Nasdaq: SONS), a global leader in securing cloud and
real-time communications, today announced that it plans to hold an
investor call before the open of the market on Monday, October 30, 2017, to discuss its third
quarter 2017 financial results and 2017 full-year outlook. As
previously announced, the meetings of GENBAND shareholders and
Sonus stockholders to consider and vote on Sonus' proposed business
combination with GENBAND are scheduled for October 25, 2017 and October 26, 2017, respectively. Assuming
receipt of the requisite approvals at the meetings, Sonus expects
to complete the transaction promptly after the Sonus stockholders
meeting.
The company will offer a live, listen-only webcast of the
conference call via the investor section of its website at
http://investors.sonusnet.com/events.cfm where a replay will also
be available shortly following the conference call.
Conference call details:
Date: October 30, 2017
Time: 8:30 a.m. (ET)
Dial-in number: 888-612-1048 - International callers:
+1-303-223-2690
Replay information:
A telephone playback of the call
will be available following the conference call until November 13, 2017 and can be accessed by calling
800-633-8284 or +1-402-977-9140 for international callers.
The reservation number for the replay is 21859826.
About Sonus:
Sonus brings the next generation of Cloud-based SIP and 4G/VoLTE
solutions to its customers by securing mission critical traffic for
VoIP, video, IM and online collaboration. With Sonus,
enterprises can secure and prioritize real-time communications,
while service providers can deliver reliable, secure real-time
services for mobile, UC and social applications. Sonus offers
an award-winning portfolio of hardware-based and virtualized
Session Border Controllers (SBCs), Diameter Signaling Controllers
(DSCs), Policy/Routing servers and Media/Signaling gateways.
Visit www.sonus.net or call 1-855-GO-SONUS. Follow Sonus on
Twitter, Facebook, LinkedIn, YouTube and Instagram.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING
STATEMENTS
This communication contains "forward-looking
statements"—that is, statements related to future, not past,
events. In this context, forward-looking statements often address
expected future business and financial performance and financial
condition, and often contain words such as "expect," "anticipate,"
"intend," "plan," "believe," "seek," "see," "will," "would," or
"target." Forward-looking statements by their nature address
matters that are, to different degrees, uncertain, such as
statements about the consummation of the proposed transaction and
the expected performance of the combined companies. Uncertainties
that could cause actual results to be materially different than
those expressed in Sonus' and GENBAND and certain of its affiliates
(the "GENBAND Parties") forward-looking statements include the
failure to consummate the proposed transaction or to make or take
any filing or other action required to consummate such transaction
in a timely matter or at all. These or other uncertainties may
cause actual future results to be materially different from those
expressed in Sonus' and the GENBAND Parties' forward-looking
statements. These risks and uncertainties include, but are not
limited to, economic, competitive, legal, governmental and
technological factors. Accordingly, there is no assurance that the
expectations of Sonus or any GENBAND Party will be realized. Many
factors could cause actual results to differ materially from these
forward-looking statements with respect to the proposed
transaction, including risks relating to the completion of the
proposed transaction on anticipated terms and timing, including
obtaining equity holder and regulatory approvals, anticipated tax
treatment, unforeseen liabilities, future capital expenditures,
revenues, expenses, earnings, synergies, economic performance,
indebtedness, financial condition, losses, future prospects,
business and management strategies for the management, expansion
and growth of the new combined company's operations, the ability of
Sonus and the GENBAND Parties to integrate the business
successfully and to achieve anticipated synergies, potential
litigation relating to the proposed transaction, and the risk that
disruptions from the proposed transaction will harm Sonus' or the
GENBAND Parties' business. While the list of factors presented here
is considered representative, no such list should be considered to
be a complete statement of all potential risks and uncertainties.
Unlisted factors may present significant additional obstacles to
the realization of forward looking statements. Consequences of
material differences in results as compared with those anticipated
in the forward-looking statements could include, among other
things, business disruption, operational problems, financial loss,
legal liability to third parties and similar risks, any of which
could have a material adverse effect on Sonus' or the GENBAND
Parties' consolidated financial condition, results of operations or
liquidity. Neither Sonus nor any GENBAND Party assumes any
obligation to provide revisions to any forward-looking statements
should circumstances change, except as otherwise required by
securities and other applicable laws.
For more information:
Sara
Leggat
(978) 614-8841
sleggat@sonusnet.com
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SOURCE Sonus Networks, Inc.