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NEWS RELEASE
Contacts:
Sheldon Rose
Sacke & Associates Inc.
416.493.5723, ext. 202
sheldonr@sackepr.com
SANGOMA TECHNOLOGIES SIGNS SIGNIFICANT OEM AGREEMENT FOR SUPPLY OF VOICE-RELATED PCI PRODUCTS
Agreement to result in sales of between $0.5 million and $1.5 million per year
TORONTO – November 13, 2006 -- Sangoma Technologies Corporation (TSXV: STC) (www.sangoma.com), a leading provider of connectivity hardware and software products for VoIP, TDM voice, WANs and Internet infrastructure, announced today that it has signed a significant supply agreement with an original equipment manufacturer (OEM) for its voice related PCI and PCI-Express hardware.
The agreement solidifies an informal sales arrangement under which deliveries have been made to date. The agreement is anticipated to generate between $500,000 and $1.5-million per year in Sangoma sales.
About Sangoma Technologies Corporation
Founded in 1984, Sangoma Technologies Corporation is a leading provider of connectivity hardware and software products for VoIP, TDM voice, WANs and Internet infrastructure. The company develops and manufactures voice and data communication products including the industry-leading series of Advanced Flexible Telecommunications (AFT) PCI cards. Sangoma Technologies Corporation is publicly traded on the TSX Venture Exchange (TSXV: STC - News).
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. |