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Press Release
BroadSoft Announces Record Results And Significant Growth in
2005
Corporate growth, new customers, innovative products, and
key personnel worldwide fuel BroadSoft's momentum in the VoIP application
market
GAITHERSBURG, Md. - Jan. 18, 2006 - BroadSoft®, the
leading provider of VoIP application software, announced today that
2005 marked an extremely successful year for the company, with major
customer wins, leading-edge technology and product launches, and
the addition of key personnel around the globe to drive consistent
results. In 2005 BroadSoft:
- Counted 6 of the top 10 and 11 of the top 25 global carriers
(based on revenue) as customers, with an overall base of more
than 150 customers and 1,750,000 lines deployed
- Achieved profitability for the year, reaching the milestone
ahead of plan
- Doubled revenues for the year, ending with the eighth consecutive
quarter of sequential quarterly revenue growth
- Delivered first IMS-compliant VoIP application software to the
market with partners such as Ericsson, Lucent, and Italtel
- Grew company by more than 50 percent, with the opening of new
offices in Australia, China, France, Germany, Korea, New Zealand,
and United Kingdom.
- Acquired Australian software development firm to enter the VoIP
desktop application space
- Launched multimedia services, including Custom Ringback and
the BroadWorks Communicator video softphone
- Built converged service platform used to offer advanced calling
services between 3G mobile phone to IP video phones
- Further strengthened the Board of Directors by electing Phil
Livingston as its first independent member and Audit Committee
Chairperson; expanded the breadth of the management team by adding
Gary Ford as General Counsel
- Was named to Light Reading Top 10 Privates Companies List of
Hottest IPO or Acquisition Candidates
ABOUT BROADSOFT
BroadSoft's VoIP application software is revolutionizing the delivery
of hosted telephony and multimedia services. Its flagship BroadWorks®
technology empowers wireless and wireline carriers to deliver next-generation
voice and multimedia applications and advanced features that increase
revenue, enhance competitive differentiation and elevate customer
satisfaction. BroadSoft's family of carrier-class software products
delivers the scale, open architecture and reliability that the world's
leading telecommunications companies demand to serve mission-critical
enterprise and residential broadband customers. BroadSoft's customer
base of 150 network operators, including BellSouth, Korea Telecom,
Singtel, Telstra, Verizon and XO Communications leads the industry
with more than 1,750,000 lines deployed. Additional information
is available at www.broadsoft.com.
For further information contact:
BroadSoft
Hilary Tomasson
+1 (240) 364-5147
htomasson@broadsoft.com
Calysto Communications for BroadSoft
Cameron Smith
+1 (404) 266-2060 ext.19
csmith@calysto.com
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BroadSoft and BroadWorks are registered trademarks of BroadSoft,
Inc. All other names are trademarks of their respective companies.
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