GENBAND Honored by SMU Cox Caruth Institute for Entrepreneurship
Plano, TX, November 24, 2008 – GENBAND Inc., a market-leading developer of next-generation IP infrastructure solutions, today announced that the SMU Cox Caruth Institute for Entrepreneurship ranked the company 8th among the Dallas 100™, the annual listing of the fastest growing companies in the North Texas area. GENBAND ranked No. 1 among telecommunications companies headquartered within the country’s leading telecom corridor.
“The SMU Cox Institute for Entrepreneurship plays an unrivaled role in preparing innovative business leaders of the future and is a significant force behind making the Dallas Metroplex area one of the most attractive centers for business in the world,” said Charles Vogt, president and chief executive officer of GENBAND. “Because of the institute’s leadership and reputation, we couldn’t be more pleased to be recognized in the Dallas 100. In addition to spotlighting our rapid growth, we appreciate the institute’s acknowledgement of GENBAND’s industry leadership that is strengthening the economic and technology fabric of our community.”
The top 100 companies were recognized last week at an awards ceremony at the Morton H. Meyerson Symphony Center in Dallas, with keynote speaker Ray L. Hunt, Chairman and CEO of Hunt Consolidated, Inc. and Hunt Oil Company.
GENBAND is an innovator of IP technology that enables fixed and mobile operators to transport and route multimedia services over the Internet. The company is recognized as a worldwide market-share leader in IP Gateways by industry analysts Infonetics and Synergy Research. GENBAND’s recent acquisition of NextPoint Networks uniquely positions the company as one of the only equipment vendors in the world with market leading media, session border and security gateway technology.
During the past four calendar years, GENBAND has successfully secured business with more than half of the world’s top 100 network service providers, partnered with seven of the world’s largest telecom equipment manufacturers, extended its global reach to over 80 countries, executed three acquisitions, grown revenues from $5 to $94 million and expanded its employee base from 90 to 500.
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 in Brazil, China, Maryland, Massachusetts and Texas, and serves customers and partners in more than 80 countries. Additional information is available at www.genband.com.
About SMU Cox
SMU’s Cox School of Business offers a full range of business education programs, including BBA, full-time MBA, Professional MBA (PMBA), Executive MBA (EMBA), Master of Science in Management (MSM), and Executive Education. The school also offers a number of unique resources and activities for students, ranging from its Business Leadership Center (BLC), Caruth Institute for Entrepreneurship, Maguire Energy Institute, and American Airlines Global Leadership Program (AAGLP) to its Associate Board Executive Mentoring Program and an international alumni network with chapters in more than 20 countries. SMU Cox is ranked among the top business schools nationally and internationally by major publications, including BusinessWeek, The Economist, Financial Times, Forbes, The Wall Street Journal, and U.S. News & World Report.
Contacts:
Kim Lee Frank Puglia
GENBAND Inc. GENBAND Inc.
+1.972.265.3766 +1.972.265.3612
kim.lee@genband.com frank.puglia@genband.com
