Sangoma Announces Grant of Stock Options
March 31 2011 - 5:00PM
Marketwired
Sangoma Technologies Corporation (TSX VENTURE: STC) today announced
the grant of stock options effective March 31, 2011.
The Company has granted 596,900 options to eight employees of
the Company and 200,000 options to four Directors of the Company.
These options expire in 5 years, vest over a period from 1 year to
5 years, and have an exercise price of $0.53.
About Sangoma Technologies Corporation
Sangoma is the premium provider of voice and data connectivity
components for software-based communication applications. Sangoma's
data cards, voice cards, gateways and connectivity software are
used in leading PBX, IVR, contact center and data-communication
applications worldwide. The product line represents a comprehensive
toolset for deploying cost-effective, powerful, and flexible
software communication applications.
Founded in 1984, Sangoma Technologies Corporation is publicly
traded on the TSX Venture Exchange (TSX VENTURE: STC). Additional
information on Sangoma can be found at: www.sangoma.com.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Sangoma Technologies Corporation David Moore Chief
Financial Officer (905) 474-1990 Ext. 107 dsmoore@sangoma.com
www.sangoma.com
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