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Press Release
BROADSOFT STRENGTHENS MARKET LEADERSHIP POSITION
WITH THREE NEW BROADWORKS DEPLOYMENTS
Rio, Javelin, and Sakon Deploy Carrier-Class BroadWorks®
Platform
GAITHERSBURG, MD, March 10, 2003 -- BroadSoft®
Inc., the leading provider of hosted communications platforms, today
announced three new customer deployments of the BroadWorks platform.
BroadSoft has now announced fifteen customers that are using the
award-winning BroadWorks system, further establishing its market
leadership with the most announced customers in its market segment.
The three new customers include Rio Communications, a full service
telephone company providing high-speed service for both voice and
data; Javelin, a one-stop communications provider for Pacific Northwest
customers and Sakon, a facilities-based carrier offering global
telecommunications services to corporate customers. All of these
customers will expand their telecommunications service portfolios
to include BroadWorks-based Hosted PBX and IP Centrex offerings.
"After extensive evaluation of alternative solutions, BroadWorks
was the only platform with the carrier-class attributes necessary
to satisfy our customers' hunger for enhanced voice services,"
said Mark Bunnell, vice president of operations, Rio Communications.
"BroadWorks will enable us to provide the voice services and
features our customers desire in a cost-efficient manner. No other
vendor could meet our stringent requirements."
"We conducted significant research and found the BroadWorks
platform to be far superior to its competitors' solutions,"
said Jon Schnelz, president of Javelin. "BroadWorks is both
reliable and scalable, yet rich in features. In addition, BroadWorks
is simple to use and allows for centralized management and control."
"Customers today understand the positive financial and business
impact of hosted communications services, such as BroadWorks,"
said Michael Tessler, president and CEO, BroadSoft. "We are
pleased to be selected by these three innovative carriers to expand
their business with our Hosted PBX and IP Centrex services."
BroadSoft's hosted communications platform, BroadWorks, provides
a comprehensive range of applications including Hosted PBX, IP Centrex,
and Voice VPN. BroadWorks is uniquely capable of providing these
applications with the reliability, redundancy, scalability, and
regulatory capabilities required to deliver carrier-class service.
BroadWorks enables service providers to increase top-line revenues
by offering enhanced services to enterprise customers. BroadWorks
also reduces operational expenditures by empowering enterprises
to manage their own moves, adds and changes via the patented CommPilot
web portal. The open, standards-based environment of BroadWorks
provides maximum flexibility for service providers to customize
their offering.
ABOUT BROADSOFT
BroadSoft is the leading provider of hosted communications platforms.
BroadSoft holds the largest market share in the Hosted PBX and IP
Centrex space with the most announced customers. Recognized worldwide,
BroadSoft has recently expanded its global customer base to include
Telstra, the incumbent carrier in Australia. BroadSoft also closed
its third round of $32.5 million in funding in September 2002, raising
a total of $60 million to date from leading venture capitalists.
The company's flagship product, BroadWorks, provides a comprehensive
range of applications including Hosted PBX, IP Centrex, and Voice
VPN. Leading telecommunications industry publications, such as Communications
Solutions, Internet Telephony and Network Magazine, have recognized
BroadWorks as "Product of the Year". BroadSoft is located
near Washington, DC, in Gaithersburg, Maryland, and maintains a
research and development facility in Montreal, Canada. Additional
information can be found at www.broadsoft.com.
For further information contact:
BroadSoft and BroadWorks are registered trademarks and CommPilot
is a trademark of BroadSoft, Inc. All other names are trademarks
of their respective companies.
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