GAITHERSBURG, MD, June 29, 2011 – BroadSoft, Inc. (NASDAQ: BSFT), the leading global provider of software that enables mobile, fixed-line and cable service providers to deliver real-time communications over their IP networks, today announced it was selected as the winner of a 2011 Northern Virginia Technology Council (NVTC) Hot Ticket Award in the category of 'hottest exit.' The award was presented to BroadSoft at the 10th annual NVTC Awards event and ceremony held June 28th, 2011. The NVTC Hot Ticket Award for 'Hottest Exit' recognizes companies that executed successful financial strategies that included mergers, acquisitions, strategic combinations and IPOs.
The NVTC Hot Ticket Awards celebrate the efforts of entrepreneurial companies in the Greater Washington technology community that have exhibited outstanding vision, the ability to implement and deliver, an innovative management approach or star-quality charisma. In addition to BroadSoft, finalists for the NVTC Hot Ticket Award for 'Hottest Exit' were MobileAccess and Netwitness.
"We are truly honored to receive an NVTC Hot Ticket Award, as all of the nominated finalists were highly deserving and demonstrated the entrepreneurial strength of the Greater Washington and Northern Virginia technology communities," said Jim Tholen, chief financial officer, BroadSoft. "2010, which was a milestone year for BroadSoft for a number of reasons, would not have been possible without the dedication and work of our entire team."
BroadSoft's IP communications software has been purchased by more than 450 global mobile, fixed-line, and cable service providers -- including 16 of the world's 25 largest service providers based on revenue-- to deliver voice and multimedia services over their IP-based networks.
BroadSoft provides software that enables fixed-line, mobile and cable service providers to deliver voice and multimedia services over their IP-based networks. The Company's software, BroadWorks®, enables service providers to provide enterprises and consumers with a range of cloud-based, or hosted, IP multimedia communications, such as hosted IP private branch exchanges, video calling, unified communications, collaboration and converged mobile and fixed-line services. BroadSoft recently announced BroadCloud™ - a cloud-based, hosted infrastructure that serves as the foundation for the company's growing Software-as-a-Service (SaaS) communications capabilities, as well as MobileMxDTM, an integrated suite of Consumer and Unified Communications (UC) services optimized for 4G networks and the growing variety of smartphones and tablet devices.
BroadSoft and BroadWorks are registered trademarks of BroadSoft, Inc. All other names are trademarks of their respective owners.
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