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Sangoma Recognized as Tech Leader in Branham300 2012 RankingsAnnual Report on Canadian ICT Companies Points to Strong Performers (April 24, 2012)
TORONTO, ONTARIO -- (Marketwire) -- 04/24/12 -- Sangoma Technologies Corporation (TSX VENTURE:STC), a leading provider of hardware and software components that enable or enhance IP Communications Systems for both voice and data, today announced that it has been included in the annual Branham300 ranking of leading Information and Communications Technology (ICT) companies headquartered in Canada. The Branham300 is published by The Branham Group, a leading global Information, Communication, and Entertainment (ICE) Technology strategic marketing company based in Ottawa, Ontario.
"We are very pleased that Sangoma has once again been included in this ranking of top performing Canadian technology companies," remarked Bill Wignall, Sangoma president and chief executive officer. "Sangoma has undergone a significant re-invention over the past 18 months that has helped us strengthen the company and successfully enter new markets. The Branham300 ranking is an important metric that validates our efforts - and successes - over the past year."
According to Darren Anderson, project manager for the Branham300, "An overwhelming majority of Canadian ICT companies included in the Branham300 showed growth over the past year, which signals that these technology leaders are looking forward and leaving the economic downturn of the previous years in the dust. On the whole, the industry showed impressive growth and established a new high-water mark for Branham300 revenue."
Sangoma's industry-leading solution portfolio enables the interworking of a wide variety of disparate TDM and IP networks, clouds, protocols, services, devices, and applications. Its portfolio includes award-winning voice and data boards, transcoding and gateway software, and standalone gateway appliances, designed for simple integration with open source and closed source IP PBX applications, Contact Centers, Unified Communications Systems and Service Provider Networks. For more information about the Sangoma portfolio of IP telephony and network integration solutions, or to locate an authorized reseller, visit www.sangoma.com.
"Our focus on R&D to drive innovation and new product launches, as well as on marketing and sales to increase awareness and global presence, is delivering solid revenue improvement with 30% growth from Q1 to Q4 last year and all time record revenues this year," concluded Wignall. "We are confident that the strategies we have put in place will ensure that Sangoma continues to be represented in this prestigious ranking for many years to come."
About Sangoma Technologies Corporation
Sangoma is a leading provider of hardware and software components that enable or enhance IP Communications Systems for both telecom and datacom applications. Enterprises, SMBs and Carriers in over 150 countries rely on Sangoma's technology as part of their mission critical infrastructures. Through its worldwide network of Distribution Partners, Sangoma delivers the industry's best engineered, highest quality products, some of which carry the industry's first lifetime warranty. The product line includes data and telecom boards for media and signal processing, as well as gateway appliances and software.
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.
About Branham Group Inc.
Branham Group Inc. is a leading industry analyst and strategic consulting company servicing the global Information, Communication and Entertainment (ICE) Technology marketplace. Branham Group assists ICE Technology companies and related institutions in achieving market success through its custom consulting services (Planning, Marketing and Partnering), and through its multi-client research subscription programs (Digital Health, Green IT and Cloud). Branham also produces an annual listing of the top ICT companies in Canada (www.branham300.com) and monitors over 450 Digital Health vendors (www.branhamgroup.com/digitalhealth). For more information regarding Branham Group, please visit www.branhamgroup.com.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Sangoma Technologies Corporation
Director of Marketing
905.474.1990 Ext. 109
Parallel Communications, Inc.
Branham Group Inc.
Project Manager, Branham300 & Research Analyst
613-745-2282 Ext. 122
www.branham300.com or www.branhamgroup.com
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