June 1st marks historic company transaction and successful integration that quadrupled GENBAND’s size; employees mark day by committing to more than 5,000 hours of community service
Frisco, Texas, May 31, 2011 – GENBAND (http://www.GENBAND.com), a leading developer of IP infrastructure and application solutions, today kicked off a one-year anniversary celebration of its acquisition of the Nortel Carrier VoIP (CVAS) division, which significantly advanced GENBAND’s network transformation and Internet Protocol (IP) migration vision and portfolio. With this acquisition, GENBAND became the leading supplier in the global service provider VoIP market and the engine behind many of the largest communications networks in the world. By acquiring Nortel CVAS and immediately integrating its products into its portfolio, GENBAND preserved many years of respected research and development and provided continuity for an enormous installed base, enabling carrier customers to cost-effectively continue growth and delivery of services to global customer bases.
GENBAND’s strategy of identifying and acquiring assets that became significantly more attractive when integrated into the company has catapulted the Company’s growth and driven industry consolidation. Over the past five years, GENBAND has achieved 80 percent compound annual growth and today GENBAND’s 3,000 full-time employees and contractors serve more than 600 customers, including 80 of the world’s top 100 network operators. GENBAND’s comprehensive network transformation portfolio enables operators to navigate all stages of the IP evolution process, maximizing existing investments in legacy systems while unleashing the benefits of IP innovation.
“The company has come together over the past year to successfully integrate, streamline and cultivate a customer-focused culture, and we are pleased to celebrate this accomplishment today,” said Charlie Vogt, Chief Executive Officer of GENBAND. “I have been involved with many mergers and acquisitions throughout my career, though this transaction was like none other in terms of synergies and integration achievement realized during the past 12 months. Many thanks and appreciation to the employees that proudly call themselves GENBAND.”
To recognize the impact of the acquisition and the employee enthusiasm behind the integration, Mr. Vogt created an annual global holiday on June 1st 2010, which employees subsequently recommended transforming into a global day of community service.
“The fact that employees requested we turn the acquisition holiday into a voluntary day of service and have committed to more than 5,000 hours of global community service is testament to the unique culture that has been created,” said Mr. Vogt. “While our kick-off celebration and day of service is one day of the year, I am confident that the commitment to volunteer in our communities will endure.”
At GENBAND headquarters in Frisco, Texas, Mayor Maher Maso and city officials will join GENBAND employees today at the Frisco Rough Riders Baseball stadium to celebrate the anniversary and meet with representatives of local charitable organizations that include YMCA Frisco; Big Brothers and Big Sisters; Susan G. Komen for the Cure; and Habitat for Humanity. Employees will be able to learn more about community service opportunities in the area and sign up for future service opportunities. In addition, on Wednesday June 1st, the Frisco and Plano-based GENBAND employees will engage in a full day of service assisting the following charities in and around the Dallas Metroplex area:
• Habitat for Humanity
• Boys & Girls Club of Plano
• Children’s Medical Center – Dallas
• Ronald McDonald House
• Welcome Home a Hero
• City of Frisco Parks & Recreation
• City of Plano Parks and Recreation,
• Frisco Family Services
• Interfaith Housing Coalition
• Samaritan Inn
• Silverado Senior Living
• Texas Little Cuties Dog Rescue
• Frisco Family YMCA
Ottawa, Toronto and Canadian Regional Offices
GENBAND’s large base of employees in Ottawa and Canadian regional offices will be assisting the following charities:
• Ottawa Food Bank
• Kanata Food Cupboard
• Crystal Bay Centre For Special Education
• The Westwood Retirement Residence
• Villa Marconi Retirement Residence
• Ottawa Parks & Recreation “Spring Clean the Capital”
• The Silver Springs Farm
• TORONTO: Mississauga Food Bank
• MONTREAL: Foundation Semafo
• REGINA: Wascana Rehab Visitation
• CALGARY: Calgary Food Bank
• EDMONTON: River Valley Cleanup
• EDMONTON: Southwest Edmonton Farmers’ Market
• HALIFAX: The First Annual Seymour Eastern Seaboard Beach Clean Up
Many Canadian employees chose to volunteer at food banks in support of Hunger Awareness Day in Canada. GENBAND CEO Charlie Vogt will join the company’s Toronto office tomorrow in volunteering at the Mississauga Food Bank. Mr. Vogt will also be a keynote speaker at the Canadian Telecom Summit later that day at 3:30 pm at Toronto Congress Centre.
Raleigh, North Carolina
Employees from GENBAND’s sizable Raleigh office will be assisting the following charities:
• Habitat for Humanity of Wake and Durham County
• Food Bank of Wake and Durham County
• Red Cross
GENBAND Raleigh employees selected the Red Cross and Habitat for Humanity organizations to support local residents that were affected by the recent devastating tornadoes. Employees are also pleased to assist the Food Bank of Wake and Durham County with their BackPack Program, which supports the nutritional needs of children and their families during non-school hours.
Maidenhead, United Kingdom
GENBAND employees based at its Maidenhead, United Kingdom campus outside of London will be will be working with school personnel and students to build a communal garden with wheelchair accessibility at the Newlands Girls’ School in Maidenhead.
Employees located at GENBAND’s International Headquarters and Business Services Center in Galway, Ireland office will be restoring a local community garden in Ballybane that was recently vandalized. Employees will be volunteering on behalf of the Galway volunteer association.
Hong Kong, China
Employees GENBAND’s Hong Kong office will be volunteering at the Crossroads Foundation, a Hong Kong based, non-profit organization that distributes Hong Kong’s quality excess goods internationally and locally.
GENBAND’s Shanghai office employees will be assisting the following charities that serve young orphans and the elderly in the community:
• Bo’ai Children Healthy Garden
• Pudong Social welfare organization
• Guangyang Nursing Home
For multimedia information on the GENBAND Day of Service, please visit www.GENBAND.com/globaldayofservice/index.html
GENBAND is a global leader of IP infrastructure and application solutions, enabling fixed, mobile and cable service providers around the world to evolve communications networks through IP innovation. The Company offers market-leading Switching, Applications, Networking and Service solutions, with products deployed in over 600 customer networks spanning more than 80 countries. GENBAND is headquartered in Frisco, Texas, and has operations in 50 countries. To learn more, visit us on the web at www.GENBAND.com.
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