Plano, TX, June 23, 2009–GENBAND Inc., a market-leading developer of next-generation IP infrastructure solutions, today announced that its CEO, Charlie Vogt, will join the Ernst & Young LLP Strategic Growth Leadership Series panel of leading senior executives from private equity and venture capital firms to discuss where to find growth capital in these difficult economic times. The webcast will be held Thursday, June 25 at 11:30 a.m. Eastern time.

“This turbulent economy is curtailing growth in all industries, but the truly innovative, high-growth companies are seizing opportunities in the downturn,” said Maria Pinelli, Americas Director, Strategic Growth Markets, Ernst & Young LLP.  “With capital hard to come by, we’re pleased to assemble an all-star panel of entrepreneurs, investors and advisors who have the track records and first hand experience to discuss this critical topic. GENBAND has consistently ranked as one of the fastest growing companies over the past two years despite the downturn and we’re pleased Mr. Vogt will be able to share his perspective.”

Deborah Norville will moderate the panel, which includes the following featured panelists in addition to Mr. Vogt: Pete Nachtwey, CFO, Carlyle; Susan Casey, Founder Chief Credit Officer & COO, Square 1 Bank; Lisa Gianquinto, CEO, Universal Environmental Consulting; and Gregg Slager, Transaction Advisory Services, Ernst & Young LLP. Topics to be discussed include: how private equity and venture firms evaluate whether or not to invest in a company; what do their limited partners expect as returns; how do these sources of capital differ from conventional sources; what industries are most attractive to investors; how much money is really out there.

Participants can register for the webcast at http://webcast.ey.com/thoughtcenter/default.aspx?pid=1732

“I look forward to joining this outstanding leadership panel to discuss the most important issue facing companies today,” said Mr. Vogt. “Access to capital is the life blood of any economy and without it our free market systems cannot function.”

Mr. Vogt is a former Ernst & Young Entrepreneur Of The Year® award recipient and will serve as a national judge for the 2009 awards competition.  His telecommunications track record spans two decades and has helped drive the evolution of the global communications network. Vogt became President and CEO of GENBAND in September 2004. Since that time, he has executed three major acquisitions and grown revenues from $5 million to nearly $150 million. Under Vogt's leadership, GENBAND has successfully secured business with over 60 of the world’s top 100 network service providers, partnered with eight of the world’s largest telecom equipment manufacturers and extended its global reach to over 80 countries. Today, GENBAND is recognized as a global market-share leader in IP gateways and is labeled as one of the nation’s fastest growing private companies.

About GENBAND
GENBAND is a global leader and innovator of next generation IP media, session border and fixed mobile convergence security solutions deployed in over half of the world’s 100 largest service providers. These high-performance gateway solutions are at the core of fixed and mobile networks around the world - evolving, securing and enhancing communications networks. Headquartered in Plano, Texas, GENBAND has Centers of Excellence around the world and serves customers and partners in more than 80 countries. Additional information is available at www.genband.com.

About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 135,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.

For more information, please visit www.ey.com.

Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity.  Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

Contacts:
Kim Lee           
GENBAND Inc.       
+1.972.265.3766       
kim.lee@genband.com    

Frank Puglia
GENBAND Inc.
+1.972.265.3612
frank.puglia@genband.com