BroadSoft Makes Light Reading Top 10 Private Companies List of Hottest IPO or Acquisition Candidates
Posted on: Tuesday, 2 August 2005, 15:00 CDT
BroadSoft(R), Inc., the leading provider of VoIP application software, today announced that Light Reading industry experts have recognized BroadSoft's strong market position and company potential by naming the company to the 2005 Light Reading Top 10 Private Company list. While BroadSoft's customers, partners, and employees have long recognized the superiority of the company and its product line, Light Reading offers objective recognition of BroadSoft's market-leading position with this selection.
Light Reading, the leading worldwide publication serving the telecommunications industry and other next-generation communications markets, has more than 400,000 unique visitors across the Light Reading network of sites. Light Reading editors selected private companies for the Top 10 Private Companies list based on a variety of factors, including viable and accepted technology, smart and well-connected people, and efficient use of financial backing received. Subjective factors played into the selection process as well, where BroadSoft beat out competitors for corporate professionalism and stability.
BroadSoft's customer base growth, to 110 service providers at the end of 2Q2005, combined with partner and channel expansion, solidifies the company's position as the leader in the VoIP application software space. BroadSoft also continues to launch new product applications that increase the value and benefits of the BroadWorks(R) platform to wireline and wireless operators delivering enterprise and residential VoIP services.
"We're pleased to be named to the Light Reading Top 10 Private Companies list," said Mike Tessler, president and CEO for BroadSoft Inc. "We intend to reinforce this selection by maintaining our momentum in the VoIP application space, winning contracts around the globe and delivering the product suite our carrier customers need to meet market demand for VoIP services."
Read the article at www.lightreading.com/document.asp?doc_id=77576&WT.svl=topten_0.
About BroadSoft
BroadSoft's VoIP application software is revolutionizing the delivery of hosted telephony and multimedia services. Its flagship BroadWorks(R) 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 110 network operators, including BellSouth, MCI, Singtel, Telstra, Verizon and XO Communications leads the industry with more than 1,200,000 lines deployed. Additional information is available at www.broadsoft.com.
BroadSoft and BroadWorks are registered trademarks of BroadSoft, Inc. All other names are trademarks of their respective companies.
Source: Business Wire
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