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Sonus Networks Announces Agenda For Investor Meeting

The information under “Operating expenses” and “(Loss) earnings per share” in the third financial table entitled “Reconciliation of Non-GAAP and GAAP Financial Measures – Outlook – Consolidated” has been corrected for the Year ended December 31, 2012.

The corrected release reads:

SONUS NETWORKS ANNOUNCES AGENDA FOR INVESTOR MEETING

Reiterates guidance for the third quarter, fourth quarter and full year fiscal 2012

Provides additional guidance for recently completed Network Equipment Technologies, Inc. (“NET”) acquisition

Sonus Networks, Inc. (Nasdaq: SONS), a global leader in SIP communications, today is holding a meeting for the investment community at the Nasdaq MarketSite. As part of the presentation, the Company plans to reiterate its outlook for the third quarter, fourth quarter and full year 2012 for the Sonus business (excluding the impact of the August 24, 2012 acquisition of NET) and to provide guidance for the recently acquired NET business for the third quarter, fourth quarter and full year 2012. The Company will also preside over the NASDAQ Stock Market Opening Bell today at 9:30 am (Eastern Time).

As previously announced, the investor day event will be held at the NASDAQ MarketSite, 4 Times Square, New York, NY. The program will include presentations by Sonus Networks President and Chief Executive Officer Raymond P. Dolan and other members of the senior management team. Advance registration is required to attend the meeting in person. Investors who are unable to attend the meeting in person, but who would like to ask a question can email questions to SONS2012@sonusnet.com.

Agenda:

09:00-10:00       Registration & Breakfast      
10:00-11:00 Introduction Ray Dolan, President and Chief Executive Officer
Market Opportunity Todd Abbott, EVP, Strategy and Go to Market
Technology Tony Scarfo, Sr. VP, Technology Development
11:00-11:30 Q&A and Break
11:30-12:30 SBC David Tipping, General Manager, SBC
Go to Market Todd Abbott, EVP, Strategy and Go to Market
Financials Moe Castonguay, Chief Financial Officer
12:30-13:00 Q&A / Webcast End
13:00-14:00 Networking Lunch

The Company’s outlook is based on current indications for its business, which may change. A statement on the use of non-GAAP financial measures and a reconciliation of the non-GAAP to GAAP outlook are included at the end of this press release.

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