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Allot Communications Announces Receipt of Anticipated Notice of Deficiency from NASDAQ Resulting from a Previously Announced Departure of an Independent Director

July 22, 2014

HOD HASHARON, Israel, July 22, 2014 /PRNewswire/ –

Allot Communications Ltd [http://www.allot.com ]. (NASDAQ:ALLT), a leading supplier of
service optimization and revenue generation solutions for fixed and mobile broadband
operators and cloud providers, announced that on July 16, 2014 it received a notice of
deficiency (the “Notice”) from NASDAQ Stock Market (“NASDAQ”). The non-compliance cited by
NASDAQ is the result of the previously-announced departure of Mr. Dov Baharav from the
company’s board of directors. With the departure of Mr. Baharav, the company is currently
not in compliance with NASDAQ Stock Market Listing Rule 5605(b)(1), which requires the
company’s board of directors to be comprised of a majority of independent directors, and
NASDAQ Listing Rule 5605(c)(2), which requires the company’s audit committee to be
comprised of at least three independent directors.

The Notice indicated that, consistent with NASDAQ Stock Market Listing Rules
5605(b)(1)(A) and 5605(c)(4), NASDAQ will provide the company a cure period in order to
regain compliance within the time period set forth in those rules. Accordingly, the
company intends to hold a meeting of its shareholders to elect one or more new directors
who will be independent under the NASDAQ Stock Market Listing Rules and, once elected, to
appoint such director to serve as a member of the audit committee within the time period
specified in the Notice.

About Allot Communications

Allot Communications Ltd. (NASDAQ, TASE: ALLT) is a leading global provider of
intelligent broadband solutions that put mobile, fixed and enterprise networks at the
center of the digital lifestyle and workstyle. Allot’s DPI-based solutions identify and
leverage the business intelligence in data networks, empowering operators to analyze,
protect, improve and enrich the digital lifestyle services they deliver. Allot’s unique
blend of innovative technology, proven know-how and collaborative approach to industry
standards and partnerships enables network operators worldwide to elevate their role in
the digital lifestyle ecosystem and to open the door to a wealth of new business
opportunities. For more information, please visit http://www.allot.com.

Forward Looking Statement

This release may contain forward-looking statements, which express the current beliefs
and expectations of Company management. Such statements involve a number of known and
unknown risks and uncertainties that could cause our future results, performance or
achievements to differ significantly from the results, performance or achievements
expressed or implied by such forward-looking statements. Important factors that could
cause or contribute to such differences include risks relating to: our ability to compete
successfully with other companies offering competing technologies; the loss of one or more
significant customers; consolidation of, and strategic alliances by, our competitors,
government regulation; lower demand for key value-added services; our ability to keep pace
with advances in technology and to add new features and value-added services; managing
lengthy sales cycles; operational risks associated with large projects; our dependence on
third party channel partners for a material portion of our revenues; and other factors
discussed under the heading “Risk Factors” in the Company’s annual report on Form 20-F
filed with the Securities and Exchange Commission. Forward-looking statements in this
release are made pursuant to the safe harbor provisions contained in the Private
Securities Litigation Reform Act of 1995. These forward-looking statements are made only
as of the date hereof, and the company undertakes no obligation to update or revise the
forward-looking statements, whether as a result of new information, future events or
otherwise.

        Contacts
        Allot Communications
        Maya Lustig | Director of Corporate Communications
        +972-9-7616851| mlustig@allot.com

SOURCE Allot Communications Ltd.


Source: PR Newswire



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