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Anyone of them works.
Created this board over 9 years ago; my how the time flies. How goes it NoMoDo?
Two years since my last post. Time continues to fly by.
Alas I see all is quiet in the neighborhood. And only 11 boardmarks; down from 12 in 2007. Lost just 1 in those two years; looking good.
Happy New Year AKvetch.
GG
Almost 5 years since the last post. How time flies.
GG
Press Release Source: Sonus Networks, Inc.
Sonus Networks Chosen by France Telecom International Wholesale Solutions
Wednesday May 9, 8:30 am ET
Sonus Now Present in Five of the World's Largest Network Operators; North American Division of World's Largest Operator Selects Sonus for IP Interconnect
WESTFORD, Mass., May 9 /PRNewswire-FirstCall/ -- Sonus Networks, Inc. (Nasdaq: SONS - News), a leading supplier of service provider Voice over IP (VoIP) infrastructure solutions, announced today that Sonus Networks has been chosen as a supplier for France Telecom International Wholesale's voice over IP network. France Telecom International Wholesale will deploy Sonus-based solutions in the United States to expand its international voice wholesale services.
"Sonus offers an exceptional value proposition for wholesale providers looking to grow their footprint. For France Telecom's International Wholesale division, in particular, Sonus' robust support for international signaling standards and our global presence and support capabilities are especially compelling," said Hassan Ahmed, chairman and CEO, Sonus Networks.
"France Telecom is extending its global network to leverage the benefits of IP, which include the ability to scale our network and streamline the operations of our North American presence," said Jean-Marc Escalettes, Vice President of France Telecom Wholesale Solutions for the Americas region. "We chose Sonus as our partner because of their established leadership and their ability to build and support proven IP-based voice networks."
France Telecom International Wholesale network will be comprised of the GSX9000(TM) Open Services Switch, PSX(TM) Call Routing Server, SGX(TM) Signaling Gateway, and the Sonus Insight(TM) Management System. In addition, they will be deploying the Sonus Network Border Switch for enhanced security and advanced peering capabilities.
About Sonus Networks
Sonus Networks, Inc. is a leading provider of voice over IP (VoIP) infrastructure solutions for wireline and wireless service providers. With its comprehensive IP Multimedia Subsystem (IMS) solution, Sonus addresses the full range of carrier applications, including residential and business voice services, wireless voice and multimedia, trunking and tandem switching, carrier interconnection and enhanced services. Sonus' voice infrastructure solutions are deployed in service provider networks worldwide. Founded in 1997, Sonus is headquartered in Westford, Massachusetts. Additional information on Sonus is available at http://www.sonusnet.com.
This release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. Readers are referred to Item 1A "Risk Factors" of Sonus' Quarterly Report on Form 10-Q dated May 8, 2006, filed with the SEC, which identifies important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Risk factors include among others: the impact of material weaknesses in our disclosure controls and procedures and our internal control over financial reporting on our ability to report our financial results timely and accurately; the unpredictability of our quarterly financial results; risks and uncertainties associated with the Company's announced review of its historical stock option grants and accounting, including any potential impact on the Company's financial statements or results, any tax liabilities or penalties, the Company's inability to timely report with the Securities and Exchange Commission, whether the Nasdaq Listing Council will continue the delisting stay or grant an extension or that the company's securities will remain listed on the NASDAQ Stock Market, potential investigations, regulatory actions or litigation arising out of the review or any restatement; risks associated with our international expansion and growth; consolidation in the telecommunications industry; and potential costs resulting from pending securities litigation against the company. Any forward-looking statements represent Sonus' views only as of today and should not be relied upon as representing Sonus' views as of any subsequent date. While Sonus may elect to update forward-looking statements at some point, Sonus specifically disclaims any obligation to do so.
The product information in this press release is for informational purposes only and is subject to change at Sonus' sole discretion without notice. Sonus has no obligation or commitment to develop or deliver any future release, upgrade, feature, enhancement or function described in this release. The information is provided "AS IS," with all faults, and without any warranties whatsoever, express or implied, including, but not limited to, warranties of merchantability, performance, or fitness for a particular purpose.
Sonus is a registered trademark of Sonus Networks, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.
For more information, please contact:
Sonus Networks Contacts: France Telecom International Wholesale
Investor Relations: Director of Marketing, Americas
Jocelyn Philbrook Carlos Dasilva
+1 978-614-8672 +1 703 375 6191
jphilbrook@sonusnet.com carlos.dasilva@orange-ftgroup.com
U.S. Media Relations:
Sarah McAuley
+1 978-614-8745
smcauley@sonusnet.com
European Media Relations:
Paula Lender-Swain
+44 (0) 1793 601453
plender-swain@sonusnet.com
--------------------------------------------------------------------------------
Source: Sonus Networks, Inc.
Hehe - reminds me of the scare (albeit to a much lessor degree) over Y2K.
All that happened was I got paid nice over-time for working and watching the ball drop all over the world from Fuji on through Asia, Europe and finally the East Coast. Went home tired at 4AM as nothing happened.
GG
Excellent - cause I see it is back down to 3 cents today. lol
GG
This stock rose $2.67 (6675.01%) today on volume of 30,700.
I have a "virtually" defunct E*Trade account that was worth near zero as it has 10,000 shares of 4591U105 which use to be IBCL and 15 shares of NVBG which yesterday was worth 60 cents and now all of a sudden is worth $40.65. lol
They must be up to no good again. I see an 8-K was filed saying Moses wife has stepped down. One would think these people would just give this shit up and fade away, but no.
Form 8-K for NOVA BIOGENETICS INC
--------------------------------------------------------------------------------
24-Jan-2007
Change in Directors or Principal Officers
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS.
Shelley S. Moses resigned as Secretary/Treasurer and Director for Nova BioGenetics, Inc. effective January 15, 2007; during the transition period, she has agreed to continue to work as an employee for the company. The company is seeking a qualified replacement for its Secretary/Treasurer position and intends to add new board of directors as qualified individuals become available. Additionally, while the company's manufacturing address remains the same, the corporate mailing address has changed. All correspondence should be directed to:
Nova BioGenetics, Inc. (including any subsidiaries: Nova Specialty Chemical, Nova Biopharmaceuticals) - 227 Sandy Springs Place, D-341, Sandy Springs, GA 30328.
GG
One year since last post - where has the time gone?
Happy New Year everyone.
GG
Excellent!
Merry Christmas and Happy New Year to all.
GG
I suppose time has proved him incorrect. SONS hit $7.09 the other day.
GG
Churak, when you last asked that Question on October 3rd the reply was "still under consideration".
http://www.investorshub.com/boards/replies.asp?msg=13761033
I think it is time for that concept to come to fruition!
GG
Yes, Mrs. Shelley Moses is Tim's wife.
Banman's Takes is the board name.
I don't know if you recall but Banman was a broker that invested in BSTI years ago. He use to post his stock picks on that board that bore his name, but then gave up that when the board was more or less taken over by people just looking for a home to post. They would post about TV shows and what they ate and drank and all sorts of chit chat. So he gave up on the board and now I see that IHubbers go there when this site is down to bust Matty and even Matt himself posts there.
Small world some times.
GG
Nothing is available on RB for those years. When RB overhauled their servers several years ago they just dropped all of the old posts.
It is a shame because in there you would find a lot of the old press releases and stuff when the company's stock was in double digits.
The best I can do it point you to some of the press releases, news articles and other stuff located here. I used a separate board to index the stuff. This link will give you some of the older posts:
http://www.investorshub.com/boards/read_msg.asp?message_id=791107
Now why RB doesn't just close off old boards when a new trading symbol is put into place was explained to me back then but I can only paraphase their reply - it had to do with preserving history - I think that was when I laughed because of all of the old deleted posts. The classic example was and I just took a look so it still is a classic example - BANMAN'S board. I just noticed that wantoberich recently posted there. Yea no real explanation to RB's logical or lack there of. Now I'll have to go read that board. hehe
Take care,
GG
Lost did you sign up for the SEC e-mails?
If so you would have received an e-mail just now as Nova filed a SB 2A.
http://www.secinfo.com/d13eFe.v4s.htm
The PROSPECTUS SUMMARY is an interesting read.
GG
I noticed the ".hk". If one goes to www.networksolutions.com one can register a domain under ".hk.cn" which stands for Xianggang/Hong Kong, or Hong Kong under China. I'm not sure when that change took place away from just the "hk".
And I noticed as well that the images do not enlarge so no way of reading the EPA info. Interesting.
If one goes to www.epa.gov and pulls down the 11.56MB 730 page pdf file on "Pesticide Data Submitters List" dated 09/30/2005 and looks on page 543 they will see SiShield listed.
http://www.epa.gov/DataSubmittersList/dslmain.pdf
Did you look at the e-mail address to contact them? Jacques Elfersy can be reached at one of two "hotmail" accounts. That is a class act.
Must keep down the costs, no need for a mail server when Microsoft provides one for free. lol
GG
Lost - it is a simple process.
You go here:
http://www.secinfo.com
Create an account, which means you need an e-mail address and set a password. Then go and look up the filings of companies you are interested in. When you find the company there will be a box you can check off to be notified via e-mail when they file. Simple as that.
There are many ways of fine tuning things but you'll find them and figure it out soon enough.
Have fun, glad I could help.
GG
Hint - don't go too crazy or typically at the end of each quarter you can get flooded with e-mails. However, like I said you can fine tune things to get notified about only certain filings of a company or everything.
In regard to this comment by NoMoDo:
The other moderator is still around but likely has lost interest after having to deal with the lies of Moses for so long.
You are close. I manage to read the boards and catch up once or twice a week. However, for the most part yes the lies of Moses and the soap opera that continues to swirl around this stock and IBCL demand too much time of which I don't have.
When I say continuing soap opera I mean this: Each time people left BSTI/IBCL/NVBG there was hope touted that things might change for the better. When Todd Smith took the reigns of Nova I spoke with him and explained much of the problems with Moses, Elfersly, Dierdra, Marcello. In other words the cast of characters over the years, the broken promises, the failures, the lies in press releases - etc etc. He said if he found out there was problems that would hurt Nova because the last thing he needs are skeletons in the closet he would get out. He didn't want to waste his time building up Nova only to have these skeletons emerge and suck up his work in building Nova up.
So then I read that he basically sucked in his neighbor to the tune of $400K I pretty much gave up on any hope that either company could ever become anything. The part about Todd Smith's neighbor was posted here by Jurisper from a court filing. Here is the link:
http://www.investorshub.com/boards/read_msg.asp?message_id=6606145
And so you don't have to leave this page - here is the relevant text.
THOMAS TOPP INVESTMENT
After separating from BioShield/IBCL in early 2004, Moses became an officer
and director of Nova BioGenetics, Inc. (“NBG”), a Delaware corporation organized
in January 2002, with its principal place of business in Atlanta, Georgia. NBG's
wholly owned subsidiary, Nova Biopharmaceuticals, Inc. (“NBP”), is a privately held
company, also headquartered in Atlanta, that touted itself as being in the business of
discovering, developing and commercializing products aimed at addressing bacterial,
viral and fungal resistance to existing drug therapies. Much of NBG/NBP's
intellectual property, specifically its issued United States patents and patent
applications and foreign patents and patent applications, were transferred to NBG by
IBCL as IBCL was shuttering its operations,12 and NBP has access to such intellectual
property through licensing arrangements with NBG.
To raise capital for its operations, in late 2003 and early 2004, NBP offered to
sell a total of two million shares of unregistered common stock in 25,000-share units.
The NBP stock to be sold in connection with the private placement was priced at
$1.00 per share; consequently, each unit was priced at $25,000, with one unit being
9
the minimum available for purchase pursuant to the private placement. Although NBP
offered the units without registration under the federal securities laws (thereby
necessitating that investors be sufficiently sophisticated to justify their investment in
restricted shares), the company disseminated a private offering memorandum
describing NBP, its business and operations, and the uses to which the proceeds of the
private placement would be put, along with a subscription agreement and purchaser
questionnaire.
In early January 2004, Thomas Topp, a German national and chief financial
officer of Heidelberg USA, was approached by his neighbor, Stephan Todd Smith,
regarding investing in NBP pursuant to its private placement of securities. Todd
Smith represented that he had been engaged by NBG/NBP to solicit investment in
NBP in connection with its unregistered offering of 25,000-share units of NBP
common stock. While Topp was interested in investing in NBP, he was concerned
about the risks associated with any such investment given the company's relative lack
of operating history and disclosure of its financial performance. In response to Topp's
concerns regarding the security of his investment, Todd Smith proffered an escrow
agreement in which another NBP investor had escrowed the funds underlying his
purchase of unregistered NBP units until such time, but in no event later than twelve
months, as NBP received a firm underwriting commitment to sell company shares in
13 The evidence will show that by far the majority of funds in the PFG account on or about
February 9, 2004 came from Topp's $400,000 transfer.
10
a registered initial public offering (“IPO”), at an IPO price of no less than $5.00 per
share. Topp forwarded the escrow agreement tendered by Todd Smith and the NBP
private placement subscription agreement to his investment advisor at Bank of
America (“B of A”).
After Topp's investment advisor suggested that his investment in NBP would
be secure if Topp and the company entered into an escrow agreement locking up
Topp's funds until NBP had a firm IPO commitment, Topp indicated that, provided
his investment funds were escrowed, he was willing to acquire 16 NBP private
placement units at an aggregate purchase price of $400,000. Topp signed the
subscription agreement, purchaser questionnaire and escrow agreement pertaining to
his $400,000 investment in NBP on or about February 9, 2004. He also directed B of
A to wire $400,000 from his account to Todd Smith's account at B of A, which was
held by Pyramid Financial Group (“PFG”), an entity operated by Todd Smith and
which Topp understood -- and the escrow agreement reflects -- would be the escrow
agent.
After Topp's $400,000 investment hit the PFG account,13 requests were made
to distribute funds from the account, which, because Topp's investment advisors at B
14 Topp ultimately did not have to come to NBP's office because Todd Smith undertook to
bring the investment agreements directly to Topp.
11
of A were aware that his funds were to be escrowed, caused B of A to freeze the PFG
account and to call Topp, advising him of the requested distribution of funds. Topp
proceeded to call Todd Smith to question the distributions from the PFG account,
which caused Todd Smith to come over to Topp's home. Topp and Todd Smith then
called Moses to ask about the distributions from the PFG account. In addition to
Moses identifying himself on the call, Topp had previously spoken with Moses by
phone when he was initially prepared to sign the NBP subscription and escrow
agreements and received directions to NBP's offices from Moses.14
Moses represented to Topp that his $400,000 investment in NBP was secure
because Topp's funds had been moved from the PFG account to another escrow
account held by NBP. Moses further represented that this escrow account held
additional investor funds deposited by other investors in NBP's private placement.
The evidence will show, however, that no such transfer of Topp's investment from the
PFG account to any NBP account ever occurred. Moreover, although NBP disclosed
or intended to disclose that it had raised additional investment in connection with the
NBP private placement that exceeded Topp's $400,000 investment, the evidence will
show that no such additional investment was made or that such additional investment
15 A grand jury returned the indictment on September 29, 2004. (Doc. 1).
12
had itself been escrowed and therefore was not available as security for Topp's
investment.
Based upon Moses's representation that Topp's $400,000 investment had either
been moved to another NBP escrow account or was otherwise adequately secured, B
of A removed the freeze on the PFG account. Funds were thereafter distributed from
Topp's putatively escrowed investment in the PFG account to pay, among other
things: (1) $30,000 to satisfy a lien lodged by Chapes, Ltd. against the engagement
ring of Moses's wife; (2)$15,000 to a brokerage account at Track Data, over which
Moses held trading authority; (3) $10,000 to pay the legal fees of Jack Martin, Moses's
criminal defense attorney in the instant indictment; and (4) other purely personal
expenses of Moses that were represented to be NBG/NBP expenses. By the fall of
2004, Topp confronted Todd Smith about the status of his $400,000 investment in
NBP, at which time Todd Smith admitted that, notwithstanding the escrow agreement,
Topp's funds had been used to satisfy Moses's obligations associated with the instant
indictment,15 along with his personal expenses.
Accordingly, the government intends to offer the foregoing proof to establish
Moses's awareness that Topp's $400,000 investment in NBP was to be escrowed and
that, notwithstanding such knowledge, Moses both misrepresented the status of the
funds to Topp and took advantage of the investment to satisfy purely personal
obligations, including obligations incurred in defending himself in the instant criminal
action.
Respectfully submitted,
DAVID E. NAHMIAS
UNITED STATES ATTORNEY
/s/
R. JOSEPH BURBY, IV
ASSISTANT UNITED STATES ATTORNEY
Georgia Bar No. 094503
/s/
PAUL N. MONNIN
ASSISTANT UNITED STATES ATTORNEY
Georgia Bar No. 516612
600 Richard B. Russell Bldg.
75 Spring St., S.W.
Atlanta, GA 30335
(404) 581-6000 (phone)
(404) 581-6181 (fax)
CERTIFICATE OF SERVICE
This is to certify that I have this day served upon the person listed below a copy
of the foregoing document electronically:
John Richard Martin, Esq.
Martin Brothers, P.C.
500 Grant Building
44 Broad Street, N.W.
Atlanta, GA 30303-2327
This 7th day of June, 2005.
/s/
R. JOSEPH BURBY, IV
ASSISTANT UNITED STATES ATTORNEY
The highlighted text above regarding Track Data - please notice it is the same brokerage account listed in the 144 filed earlier this month.
So quite frankly I see little hope of getting any value from investments in either stock. When I received the e-mail from the SEC indicating Moses was selling stock I posted it here. I did that to alert anyone that may still have stock in NVBG to expect to see it go down because Moses selling is certainly not going to help increase the share value in my opinion.
GG
Sorry to late to edit.
The e-mail came across saying the 144 was filed and I just posted the news. I thought he was suppose to be sentenced on 1/9/6, he must have had it postponed.
Interesting. It appears Mr. Moses is selling some shares. A 144 was filed today.
http://www.secinfo.com/d13eFe.v2z.htm#1stPage
Funny I started this board years ago but never made a post. Only noticed it now as Matt and company added a new feature showing how many boards a person moderates.
Nice stock by the way, doing very nicely recently.
GG
Take a look at the similar design between Nova's web site and this new company
NovaBiogenetics products:
http://www.novabiogenetics.com/products/index.htm
Cornerstone Biosystem products
http://www.biostatics.com/product_line.html
GG
Didn't I once refer to this story as a soap opera like "As the World Turns?"
Amazing. Of course the newest excitement is over on the Nova board.
Here is the press release from the SEC.
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 19446 / October 28, 2005
SEC v. International BioChemical Industries, Inc. and Timothy Moses, Case No. 1:03-CV-0346-JTC (N.D.GA).
FORMER PRESIDENT AND CEO OF NORCROSS, GEORGIA BIOTECH COMPANY CONVICTED OF SECURITIES FRAUD AND PERJURY
On October 27, 2005, a federal jury in Atlanta, Georgia convicted Timothy C. Moses of securities fraud and perjury. U.S v. Timothy C. Moses, Case No. 1:04-CRT-508-CAP (N.D.Ga.) Moses is the former Chairman, CEO and President of International BioChemical Industries, Inc. ("IBCL"), a publicly-held biotechnology company based in Norcross, Georgia that, prior to its bankruptcy in 2004, manufactured and sold antimicrobial products used as disinfectants.
The Commission previously sued Moses and IBCL, and suspended trading in IBCL's stock, in February 2003, after Moses issued a series of press releases that falsely suggested that the federal government was interested in buying IBCL's anthrax remediation product. In truth, the FBI had contacted IBCL solely for investigative reasons, trying to ascertain whether IBCL or any of its personnel had access to anthrax spores or whether the company could benefit commercially from future anthrax contaminations. Moses' press releases led to a sharp increase in IBCL's stock price, with over 118 million shares being traded over the six days following the first press release, causing approximately $2.2 million of investor losses. .During this time, Moses dumped approximately 1 million of his IBCL shares.
In the Commission's lawsuit, the Court entered consent orders on February 21, 2003 that permanently enjoined IBCL and Moses from violating the antifraud provisions of the federal securities laws, Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and required Moses to disgorge his ill-gotten gains. The Commission referred the case to the U.S. Attorney's Office for the Northern District of Georgia for possible criminal prosecution after Moses perjured himself in his deposition. Specifically, Moses testified that he was unaware that the sales of his IBCL shares had occurred, claiming that he had given his broker discretion to sell those shares.
Related Litigation Releases:
No. 17971 / February 6, 2003
No. 17991 / February 21, 2003
http://www.sec.gov/litigation/litreleases/lr19446.htm
Good news - thanks.
Sentencing takes a little while in Federal Court. The date should have been set today at the conclusion of the trial.
I bet Irv is smiling down. hehe
GG
Hi BB,
I wanted to go and was all set, travel plans made back at the original trial date in September, then postponed last minute until October.
My travel again were just completed when Chip (FBI) called me and said they (US Attorney) just wanted 2 people to testify as to their losses. They needed to streamline that portion of the trial. So shucks I missed out meeting Nomo.
Take care,
GG
Tim Moses trial started Monday 10/17/05 and continues into this week.
GG
EarthLink Selects Sonus Networks for New Consumer VoIP Network
Tuesday September 20, 9:00 am ET
Sonus Networks IMS-Ready Solution Enables Advanced VoIP Network to Deliver New Services
CHELMSFORD & BOSTON, Mass.--(BUSINESS WIRE)--Sept. 20, 2005--Sonus Networks, Inc. (Nasdaq: SONS - News), a leading supplier of service provider voice over IP (VoIP) infrastructure solutions, announced today at the Fall Voice on the Net (VON) 2005 Conference and Expo, that EarthLink (Nasdaq: ELNK - News), the nation's next generation Internet Service Provider, has selected Sonus Networks as the framework for its complete suite of consumer voice services, which includes the ASX(TM) Access Server, PSX(TM) Call Routing Server, and the Sonus Insight(TM) Management System. Over the next three months, EarthLink will launch increasingly feature-rich products and services using the Sonus platform.
"We believe there are tremendous opportunities to build and deliver innovative voice communications products and services, and technology shouldn't be a hurdle to future growth," said Steve Howe, vice president of voice services at EarthLink. "Partnering with companies like Sonus will help us expand our service offerings and differentiate us from our competitors."
The Sonus Networks IP Multimedia Subsystems (IMS) ready VoBB solution is one of the industry's most scalable, reliable and proven architectures available for ISPs today. With the Sonus ISP solution, which was introduced in March 2005, service providers like EarthLink are able simultaneously to deliver high quality telephony service and enriched communication applications. The Sonus VoBB solution also allows service providers to seamlessly and cost effectively comply with developing IMS standards, maximizing their network investment. The Sonus VoBB solution features comprehensive support for Session Initiation Protocol (SIP) that enables the rapid integration of multiple services allowing EarthLink to develop and deliver premium services in the future, such as its Line Powered Voice service, which the company announced earlier this year.
"ISPs like EarthLink that have a strong customer base and have demonstrated a keen understanding for how users communicate have the opportunity to be a disruptive force in the telecommunications industry," said Hassan Ahmed, chairman and CEO of Sonus Networks. "Consumer confidence that a service will be simple yet powerful is critical to propelling VoBB solutions even further into the mainstream. EarthLink, which has a distinguished history of providing user-friendly communication services, is in a position to capitalize on consumers' enthusiasm for competitive new voice offerings."
About Sonus Networks
Sonus Networks, Inc. is a leading provider of voice over IP (VoIP) infrastructure solutions for wireline and wireless service providers. With its comprehensive IP Multimedia Subsystem (IMS) solution, Sonus addresses the full range of carrier applications, including residential and business voice services, wireless voice and multimedia, trunking and tandem switching, carrier interconnection and enhanced services. Sonus' voice infrastructure solutions are deployed in service provider networks worldwide. Founded in 1997, Sonus is headquartered in Chelmsford, Massachusetts of U.S. Additional information on Sonus is available at http://www.sonusnet.com.
This release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. Readers are referred to the "Risk Factors" section of Sonus' Annual Report on Form 10-K, dated March 15, 2005, and the "Cautionary Statements" section of Sonus' Quarterly Report on Form 10-Q, dated August 8, 2005, both filed with the SEC, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Risk factors include among others: the impact of material weaknesses in our disclosure controls and procedures and our internal control over financial reporting on our ability to report our financial results timely and accurately; the unpredictability of our quarterly financial results; risks associated with our international expansion and growth; consolidation in the telecommunications industry; and potential costs resulting from pending securities litigation against the company. Any forward-looking statements represent Sonus' views only as of today and should not be relied upon as representing Sonus' views as of any subsequent date. While Sonus may elect to update forward-looking statements at some point, Sonus specifically disclaims any obligation to do so.
The information in this press release is for informational purposes only and is subject to change at Sonus' sole discretion without notice. Sonus has no obligation or commitment to develop or deliver any future release, upgrade, feature, enhancement or function described in this release. The information is provided "AS IS," with all faults, and without any warranties whatsoever, express or implied, including, but not limited to, warranties of merchantability, performance, or fitness for a particular purpose.
Sonus is a registered trademark of Sonus Networks, Inc. PSX Call Routing Server, ASX Access Server, and the Sonus Insight Management System are trademarks of Sonus Networks, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.
--------------------------------------------------------------------------------
Contact:
Sonus Networks
Investor Relations:
Jocelyn Philbrook, 978-614-8672
jphilbrook@sonusnet.com
or
Media Relations:
Sarah McAuley, 212-699-1836
smcauley@sonusnet.com
EarthLink Deploys Ensim for National Residential VoIP Service; Ensim VoIP(TM) Automates Provisioning and Management of Multiple Systems to Provide Seamless and Scalable Service Enablement of Internet-based Telephone Service to Millions
9/21/2005 7:00:06 AM
SUNNYVALE, Calif., Sep 21, 2005 (BUSINESS WIRE) -- Ensim, the leading provider of software solutions that enable the delivery of profitable converged hosted services, today announced that it has been selected by EarthLink (ELNK), the nation's next generation Internet service provider, to deploy its upcoming nationwide residential VoIP service offering.
Ensim provides pre-packaged support for a full range of next-generation voice and data services with critical capabilities to solve the operational and business challenges of delivering these services. Ensim VoIP enables service providers to rapidly scale their VoIP business by automating the service delivery process with flow-through provisioning of softswitches and feature servers, unified messaging, voice mail applications, and CPE.
"As consumers adopt VoIP services, leading providers like EarthLink need solutions that are flexible, scalable and cost effective to build a successful and profitable business," said Steve Howe, EarthLink's vice president of voice services. "After a rigorous evaluation process, Ensim VoIP emerged as the preferred solution to meet our critical criteria to help EarthLink build a world-class VoIP offering."
EarthLink's upcoming residential VoIP service will provide customers with local and long distance phone service via their trueVoice and Line Powered Voice offerings. Ensim, which completed the EarthLink implementation this month, is integrated with Sonus Networks (SONS) Insight(TM) Element Management System to provide flow-through provisioning of core elements of EarthLink's Sonus-based VoBB network, which includes the ASX(TM) Access Server and PSX(TM) Call Routing Server. Coordinating all of the key components of EarthLink's VoIP infrastructure to enable automated, rapid delivery of services, Ensim has also provided EarthLink with VoIP provisioning and automation across IP Unity for voice mail management and automated configuration of CPE devices.
"Since inception, Sonus Networks has been dedicated to developing solutions that enable interoperability between applications, third-party vendors and Sonus products, launching the industry's largest interoperability program, the OSPA(TM) in 1999," said Steve Edwards, chief marketing officer, Sonus Networks. "By deploying Ensim with the Sonus Insight(TM) platform, EarthLink is able to provision multiple elements in their network through a unified provisioning system, reducing EarthLink's time to market for new services. Sonus is committed to continuing the drive towards standard-based interoperability to make it easier and more attractive for service providers to deploy hosted VoIP services."
"Ensim VoIP provides for fast time to market, lower operating costs, and best practices," said Sandip Gupta, Ensim president and CEO. "We are excited that our solution is playing an important role in the success of EarthLink as they roll out their large scale nationwide residential VoIP service."
About Ensim
Ensim is the leading provider of software solutions that optimize delivery of converged hosted services. The company offers an array of award-winning products that accelerate the creation, control, and delivery of VoIP, web hosting, messaging, and other high-value hosted services. More than 200 leading hosting providers, ISPs and carriers worldwide, including Telus, Belgacom, EV1, Interland, SunRocket, and Siemens Communications, rely on Ensim products to deliver mission critical hosted services to their customers. Ensim has formed key partnerships with leading infrastructure vendors including Microsoft, Sylantro, BroadSoft, Sonus, HP, and Cisco. For more information, please visit the Ensim web site at www.ensim.com or call toll free at 1-877-693-6746 inside the United States or 1-408-745-3300 outside the United States.
Ensim is a trademark of Ensim Corporation. All other names are trademarks of their respective holders.
For more information:
Visit Ensim at booth 1126 of the Fall 2005 VON Conference & Expo in Boston, MA from September 19-22, 2005
SOURCE: Ensim Corporation
Ensim Corporation
Theresa Lakin, 781-466-6688
tlakin@ensim.com
Sonus and AOL Team to Deliver Industry Leading VoIP/Mobile Integration Solutions
Tuesday September 20, 8:30 am ET
Companies to Demonstrate IMS-Based Voice Services at 2005 Fall VON Conference
BOSTON--(BUSINESS WIRE)--Sept. 20, 2005--Sonus Networks, Inc. (Nasdaq: SONS - News), a leading supplier of voice over IP (VoIP) switching infrastructure solutions, and AOL today announced that they are working together to deliver industry leading IMS solutions enabling advanced IP communications over broadband and mobile networks. IP Multimedia Subsystem ("IMS") enables mobile and converged service providers to offer their subscribers multimedia services, built upon Internet applications, services and protocols. Sonus and AOL have pioneered their solution architecture by combining Sonus' IMS-based architecture and AOL's proprietary technology and expertise in presence-driven communications applications to offer a unique foundation for the next-generation of enhanced consumer voice services.
The first results of this collaboration are at the foundation of AOL's new VoIP service, TotalTalk. The architecture will enable AOL to rapidly develop and deploy new features for their suite of voice and instant messaging products that integrate multimedia and voice services with real-time communications. AOL's TotalTalk is the first IMS-based consumer voice product to launch in the U.S.
"These IMS solutions open the door for network operators globally to deliver a new unique experience to each individual customer that encompasses multiple end-user devices," said Hassan Ahmed, CEO of Sonus Networks. "Our solutions are ideally suited for network operators that are committed to rolling out a new generation of communication services that will change the way people interact, and AOL already has a long and distinguished history of doing just that."
"Our goal is not just to build another phone service, but to harness the power of the IMS architecture to rapidly deploy next-generation communications services that integrate voice, instant messaging, and video," said Ragui Kamel, Senior Vice President of Voice Services for AOL, Inc. "By teaming with Sonus Networks and investing in the right infrastructure, we continue to deliver on AOL's longstanding leadership in improving and innovating communications online."
Sonus will be offering a sneak preview of TotalTalk in their Fall VON Exhibit, booth # 708.
About America Online, Inc.
America Online, Inc. is a wholly owned subsidiary of Time Warner Inc. (NYSE: TWX - News). Based in Dulles, Virginia, America Online is the world's leader in interactive services, Web brands, Internet technologies and e-commerce services.
About Sonus Networks
Sonus Networks, Inc. is a leading provider of voice over IP (VoIP) infrastructure solutions for wireline and wireless service providers. With its comprehensive IP Multimedia Subsystem (IMS) solution, Sonus addresses the full range of carrier applications, including residential and business voice services, wireless voice and multimedia, trunking and tandem switching, carrier interconnection and enhanced services. Sonus' voice infrastructure solutions are deployed in service provider networks worldwide. Founded in 1997, Sonus is headquartered in Chelmsford, Massachusetts of U.S. Additional information on Sonus is available at http://www.sonusnet.com.
This release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. Readers are referred to the "Risk Factors" section of Sonus' Annual Report on Form 10-K, dated March 15, 2005, and the "Cautionary Statements" section of Sonus' Quarterly Report on Form 10-Q, dated August 8, 2005, both filed with the SEC, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Risk factors include among others: the impact of material weaknesses in our disclosure controls and procedures and our internal control over financial reporting on our ability to report our financial results timely and accurately; the unpredictability of our quarterly financial results; risks associated with our international expansion and growth; consolidation in the telecommunications industry; and potential costs resulting from pending securities litigation against the company. Any forward-looking statements represent Sonus' views only as of today and should not be relied upon as representing Sonus' views as of any subsequent date. While Sonus may elect to update forward-looking statements at some point, Sonus specifically disclaims any obligation to do so.
The information in this press release is for informational purposes only and is subject to change at Sonus' sole discretion without notice. Sonus has no obligation or commitment to develop or deliver any future release, upgrade, feature, enhancement or function described in this release. The information is provided "AS IS," with all faults, and without any warranties whatsoever, express or implied, including, but not limited to, warranties of merchantability, performance, or fitness for a particular purpose.
Sonus is a registered trademark of Sonus Networks. All other company and product names may be trademarks of the respective companies with which they are associated.
--------------------------------------------------------------------------------
Contact:
Sonus Networks
Investor Relations:
Jocelyn Philbrook, 978-614-8672
jphilbrook@sonusnet.com
or
Media Relations:
Sarah McAuley, 212-699-1836
smcauley@sonusnet.com
or
America Online, Inc.:
Cindy Harvey, 703-265-1746
CMHarvey@aol.com
You too - always good to see somethings don't change - like this board - cheap entertainment. lol
Doing good thanks.
Trust all is well with you.
I just stopped by my favorite board, hehe
lol - nice to see some things never change, you're a peach!
Sound capitalistic philosophy!
Hey Beach - hehe yea an oxymoron indeed!
You made me think - where have I been? hehe
Same old place, I just don't invest anymore personally, I give my money to some one who knows how to invest it, or so she tells me. lol
Just stopped by to see if the jailhouse is the same and I see some things never change.
Hows things with you?
GG
Ah the images you conjure.
I suppose your GTC expired, well it appears the sleeper has arisen. Recent activity has brought this stock to .02
I wonder why?
GG