Dialogic Inc. (Nasdaq:DLGC), a leading provider of products and technologies that enable operators to provide - and subscribers to enjoy - an enhanced mobile experience, today announced that Dialogic’s Board of Directors has appointed current President and COO Kevin Cook as President and CEO of Dialogic. Former CEO Nick Jensen resigned yesterday but remains as a member of the Dialogic Board and will assume the role of non-executive Vice Chairman. “I am honored that the Board has selected me to be our CEO,” said Cook. “Nick has been an outstanding mentor and a visionary for Next-Gen communications technologies. I am excited to take the helm of Dialogic given the depth of our management team and our shared commitment to the company’s future. We are all aligned in support of our top global priorities – extending Mobile Experience Management to our customers worldwide, investing in the power of our Next-Gen portfolio and generating the returns that create shareholder value. Our partners and customers should view this transition as a vote of confidence in Dialogic and an important milestone in our growth as a world-class company.” Cook became President and COO of Dialogic in December 2011. In this capacity, he has directed global operations for more than 700 employees in 30 countries. Previously, he served as Executive Vice President of Worldwide Field Operations from 2010 until 2011, responsible for sales, marketing, services and our global go-to-market strategy. Cook joined Dialogic as Senior Vice President of Worldwide Sales and Support in 2008. Patrick S. Jones, who was recently named to the Board, was elected to succeed Jensen as the new non-executive Chairman of the Board. Mr. Jones was most recently Senior Vice President and Chief Financial Officer of Gemalto International S.A. Prior to Gemalto, he was vice president and corporate controller at Intel Corporation and Chief Financial Officer of LSI Corporation (formerly known as LSI Logic). Mr. Jones serves as chairman of the boards of directors of Epocrates, Inc., and Lattice Semiconductor Corporation and as a member of the boards of directors of Fluidigm Corporation and InsideSecure SA. “Dialogic is entering a dynamic period in its history and I am excited to partner with Kevin and the entire management team to pursue the opportunities and challenges that await us,” said Jones.
Jensen stepped down as CEO after 10 years in that position with Dialogic and affiliated companies.“Nick’s vision and leadership have benefitted our valued customers and enabled Dialogic to become a global leader in Mobile Experience Management,” said Dion Joannou, member of the Dialogic Board. “Nick brought exceptional knowledge of the market and an intuitive sense of how to take advantage of the rapid pace of change in telecommunications. We recognize Nick’s lasting contributions in integrating the building blocks that have positioned Dialogic for success in the future. We will miss his passion, integrity and strong connection to customers, employees and shareholders in a day to day role but are pleased that he is remaining on the Board. “Bringing innovation to market in order to solve long-term customer challenges has driven my passion for Dialogic since 2002,” said Jensen. “I’m honored to have served the company for so long and to have developed such great relationships with the Board, our shareholders, our customers and our employees. This is the right time to transition having guided Dialogic through a significant evolution of its business. Kevin has been an active partner in driving this transformation and, under his leadership, will continue to meet the needs of over 3,000 customers in 80 countries.” About Dialogic Dialogic (NASDAQ: DLGC) is a leading provider of products and technologies that enable operators to provide - and subscribers to enjoy - an enhanced mobile experience. Whether our products are used in mobile value-added service solutions or to transform, connect and optimize communications services, Dialogic understands that mobile experience matters. Our technology touches over two billion mobile subscribers a day and our network solutions carry more than 15 billion minutes of traffic per month. (DLGC-IR) For more information on Dialogic and the communications solutions built on Dialogic ® technology, visit www.dialogic.com and www.dialogic.com/showcase. This press release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. These forward-looking statements involve risks and uncertainties, as well as assumptions that if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include but are not limited to our ability to generate positive cash flow, the potential market for and market acceptance of our products, industry and competitive market conditions, gross margin expansion, creating new revenue opportunities, reducing operating expenses and other risks and uncertainties described more fully in our documents filed with or furnished to the SEC. More information about these and other risks that may impact Dialogic's business is set forth in the "Risk Factors" section in our Quarterly Report on Form 10-Q for the three months ended March 31, 2012, as filed with the SEC. These filings are available on a website maintained by the SEC http://www.sec.gov/ . All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements. Dialogic is a registered trademark of Dialogic Inc. or a subsidiary. All other company and product names may be trademarks of the respective companies with which they are associated.