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Allot Communications Closes Ortiva Wireless Acquisition
HOD HASHARON, Israel, May 15, 2012/PRNewswire-FirstCall/ --
Allot Communications Ltd. (NASDAQ: ALLT), a leading provider of service optimization
and revenue generation solutions for fixed and mobile data networks worldwide, today
announced that it has closed the previously announced purchase agreement for Ortiva
Wireless.
About Allot
Allot Communications Ltd. (NASDAQ: ALLT) is a leading provider of intelligent data
traffic optimization and monetization solutions for fixed and mobile broadband operators
and large enterprises worldwide. Allot's scalable, carrier-grade solutions provide the
visibility, topology awareness, security, application control and subscriber management
that are vital to managing fixed and mobile data, enhancing user experience, containing
operating costs, and enabling service providers to generate revenues from their broadband
networks. Allot's rich portfolio of solutions leverages dynamic actionable recognition
technology (DART) to transform broadband pipes into smart networks that can rapidly and
efficiently deploy value added Internet services. For more information, please visit
http://www.allot.com.
Safe Harbor Statement
Information provided in this press release may contain statements relating to current
expectations, estimates, forecasts and projections about future events that are
"forward-looking statements" as defined in the Private Securities Litigation Reform Act of
1995. These forward-looking statements generally relate to the company's plans, objectives
and expectations for future operations, including without limitation the company's
integration vision and expected revenues and operating expenses in connection with the
acquisition described in this press release. These forward-looking statements are based
upon management's current estimates and projections of future results or trends. Actual
future results may differ materially from those projected as a result of certain risks and
uncertainties. These factors include, but are not limited to: the integration of Ortiva
Wireless technology, business, and operations with those of the company, increased demand
for video optimization solutions in mobile networks, changes in general economic and
business conditions and, specifically, a decline in demand for the company's products; the
company's inability to develop and introduce new technologies, products and applications;
loss of market; and other factors are discussed under the heading "Risk Factors" in the
company's annual report on Form 20-F filed with the Securities and Exchange Commission.
These forward-looking statements are made only as of the date hereof, and the company
undertakes no obligation to update or revise the forward-looking statements, whether as a
result of new information, future events or otherwise.
Investor Relations Contact:
Jay Kalish
Executive Director Investor Relations
International access code +972-54-221-1365
jkalish@allot.com
Marketing Communications
Jonathon Gordon
Director of Marketing
International access code +972-9-762-8423
International access code +972-54-223-3589
jgordon@allot.com
Source: Allot Communications Ltd.
Allot Communications Closes Ortiva Wireless Acquisition
HOD HASHARON, Israel, May 15, 2012/PRNewswire-FirstCall/ --
Allot Communications Ltd. (NASDAQ: ALLT), a leading provider of service optimization
and revenue generation solutions for fixed and mobile data networks worldwide, today
announced that it has closed the previously announced purchase agreement for Ortiva
Wireless.
About Allot
Allot Communications Ltd. (NASDAQ: ALLT) is a leading provider of intelligent data
traffic optimization and monetization solutions for fixed and mobile broadband operators
and large enterprises worldwide. Allot's scalable, carrier-grade solutions provide the
visibility, topology awareness, security, application control and subscriber management
that are vital to managing fixed and mobile data, enhancing user experience, containing
operating costs, and enabling service providers to generate revenues from their broadband
networks. Allot's rich portfolio of solutions leverages dynamic actionable recognition
technology (DART) to transform broadband pipes into smart networks that can rapidly and
efficiently deploy value added Internet services. For more information, please visit
http://www.allot.com.
Safe Harbor Statement
Information provided in this press release may contain statements relating to current
expectations, estimates, forecasts and projections about future events that are
"forward-looking statements" as defined in the Private Securities Litigation Reform Act of
1995. These forward-looking statements generally relate to the company's plans, objectives
and expectations for future operations, including without limitation the company's
integration vision and expected revenues and operating expenses in connection with the
acquisition described in this press release. These forward-looking statements are based
upon management's current estimates and projections of future results or trends. Actual
future results may differ materially from those projected as a result of certain risks and
uncertainties. These factors include, but are not limited to: the integration of Ortiva
Wireless technology, business, and operations with those of the company, increased demand
for video optimization solutions in mobile networks, changes in general economic and
business conditions and, specifically, a decline in demand for the company's products; the
company's inability to develop and introduce new technologies, products and applications;
loss of market; and other factors are discussed under the heading "Risk Factors" in the
company's annual report on Form 20-F filed with the Securities and Exchange Commission.
These forward-looking statements are made only as of the date hereof, and the company
undertakes no obligation to update or revise the forward-looking statements, whether as a
result of new information, future events or otherwise.
Investor Relations Contact:
Jay Kalish
Executive Director Investor Relations
International access code +972-54-221-1365
jkalish@allot.com
Marketing Communications
Jonathon Gordon
Director of Marketing
International access code +972-9-762-8423
International access code +972-54-223-3589
jgordon@allot.com
Source: Allot Communications Ltd.