GENBAND Receives U.S. and Canadian Court Approvals to Acquire Nortel's CVAS Business

March 3, 2010, Plano, TX – GENBAND, Inc., a leading developer of next-generation media, session and security gateway solutions, today announced that its agreement with Nortel to acquire substantially all assets of Nortel’s Carrier VoIP and Application Solutions Business (CVAS) has been approved by bankruptcy courts in Canada and the United States.

GENBAND announced on December 23, 2009, that it will purchase substantially all CVAS product platforms, all patents predominantly used and other IP exclusively used in Nortel’s CVAS business, including softswitching, gateways, SIP applications and TDM products and services. The agreement also provides for the transition of substantially all of Nortel's CVAS customer contracts to GENBAND. GENBAND anticipates closing the sale in the second quarter of 2010, which is subject to the satisfaction of customary closing conditions.

The approved acquisition, upon closing, will combine GENBAND’s next-generation media, session and security gateway technologies and Nortel CVAS’s softswitch, media gateway and application technologies, offering service providers a best-in-class, end-to-end switching and global services portfolio.

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 two-thirds 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.

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