Plano, TX, August 19, 2009 – Inc. magazine ranked GENBAND the ninth fastest growing telecommunications company in its prestigious Inc. 500 list of America’s fastest-growing private companies. As a recognized leader in next-generation IP gateways, GENBAND earned its spot on the Inc. 500 list for the third consecutive year. The 28th annual Inc. 500 list represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs.
On Inc.’s 2009 list, GENBAND ranked 298th overall, with three-year revenue growth of 791.6 percent. According to Inc.’s published report, the benchmark growth rate of the telecommunications industry during this period was just 33.23 percent. GENBAND also achieved the number eight spot among the fastest-growing companies in the competitive Dallas Metroplex area.
“We are extremely pleased to receive this prestigious recognition once again,” said Charlie Vogt, president and chief executive officer of GENBAND. “The GENBAND team continues to deliver strong performance year after year despite a daunting economy and stiff competition. Our successful growth is a direct result of our extraordinary employees, market-leading product portfolio, and unique go-to-market strategy. We look forward to continuing our momentum and capitalizing on the tremendous opportunities in the telecommunications industry as service providers continue to embrace the cost savings, innovation, and transformation they achieve with our solutions.”
GENBAND recently celebrated its 10th anniversary of operations. Since its founding in June of 1999, GENBAND has been driving the evolution and transformation of telecommunications networks through market-leading IP gateways, session border controllers and fixed mobile convergence solutions. These high-performance, high-security gateways are at the center of fixed and mobile networks around the globe. Under the direction of Mr. Vogt, who was appointed CEO in September 2004, GENBAND has leveraged its powerful media gateway technology and acquired other key IP platform assets to become a category leader. Today GENBAND is recognized as a worldwide market-share leader in IP Gateways by industry analysts Infonetics and Synergy Research.
Despite the volatile nature of the telecom market, 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, extended its global reach to over 80 countries, executed four major acquisitions, and grown revenues to $145 million (2008).
First introduced in 1982, the Inc. 500 recognizes companies which drive the U.S. economy, crossing a wide range of sectors including consumer products, financial services, retail and technology. The Inc. 500 is ranked according to percentage revenue growth over a four-year period. Complete information on this year’s Inc. 500, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at www.inc5000.com.
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 Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Inc.com.
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Each year, Inc. and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars—the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. 5000 community, both a new class of Inc. 5000 honorees and the list’s alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us September 23–25, 2009, at the Gaylord National Resort and Convention Center in National Harbor, Maryland. Stay connected with Inc. Events by following @IncEvents on Twitter.

MEDIA CONTACT:

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

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