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Press Release -- December 16th, 2010
Source: Broadsoft
Tags: Exchange, Video

BroadSoft, Inc. Prices Common Stock Offering

GAITHERSBURG, MD, December 15, 2010 – BroadSoft, Inc. (NASDAQ:BSFT, news, filings) today announced the pricing of a common stock offering of 5,300,000 shares consisting of 500,000 shares to be sold by the company and 4,800,000 shares to be sold by certain selling stockholders at a public offering price of $22.00 per share. BroadSoft will not receive any proceeds from the shares of common stock offered by the selling stockholders. In addition, certain selling stockholders have granted the underwriters a 30-day option to purchase an aggregate of up to an additional 795,000 shares.

Goldman, Sachs & Co. and Jefferies & Company, Inc. acted as joint book-running managers for the offering. Cowen and Company, LLC, Needham & Company, LLC, and Pacific Crest Securities LLC acted as co-managers of the offering. Any offer or sale will be made only by means of a prospectus, copies of which may be obtained from the prospectus department of Goldman, Sachs & Co., 200 West Street, New York, NY 10282, Attention: Prospectus Department, phone: 866-471-2526 or email: or the prospectus department of Jefferies & Company, Inc., Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, telephone: (877) 547-6340, email:

A registration statement relating to the shares of common stock of BroadSoft has been declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to their registration or qualification under the securities laws of any such state or jurisdiction.

About BroadSoft

BroadSoft is the leading global provider of software that enables fixed-line, mobile and cable service providers to deliver voice and multimedia services over their IP-based networks. The Company’s software, BroadWorks®, enables its service provider customers to provide enterprises and consumers with a range of cloud-based, or hosted, IP multimedia communications, such as hosted IP private branch exchanges, video calling, unified communications, collaboration and converged mobile and fixed-line services.

BroadSoft and BroadWorks are registered trademarks of BroadSoft, Inc. All other names are trademarks of their respective owners.

BroadSoft PR Contact:

Leslie Ferry
Vice President, Marketing

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