November 5, 2014 – BroadSoft, Inc. (NASDAQ: BSFT) today announced that Verizon has selected BroadSoft’s BroadWorks® Telephony Application Server (TAS) to deliver business communication services targeted to Verizon’s fixed and mobile subscribers. BroadWorks is BroadSoft’s flagship solution that enables complete Unified Communications for both wireless and wireline solutions. Verizon will leverage BroadSoft’s TAS to integrate with a customer’s desktop and mobile devices, enabling a seamless experience over Verizon’s network infrastructure.
“Businesses continue to demand simple, easy to use communication services that work seamlessly across fixed and mobile devices,” said Mike Lanman, Senior Vice President of Enterprise and Product Marketing at Verizon. “The combination of BroadSoft’s comprehensive unified communications platform with Verizon’s world-class networks will enable seamless business communications from virtually any device, network and cloud globally.”
“We are delighted to be selected by Verizon for an innovative service delivery that serves end users with a high quality, ease-of-use and rich-feature set offering that allows a business to communicate seamlessly regardless of the size or location of the business operation,” said Michael Tessler, president and chief executive officer, BroadSoft. “Enterprises and end users are looking for more efficient methods of conducting their business through enhanced communications tools. We are excited that Verizon has chosen BroadWorks to provide these Unified Communication services of voice, instant messaging and presence (IM&P), web collaboration, audio and video conferencing to their customers.”
BroadSoft is the leading provider of software and services that enable mobile, fixed-line and cable service providers to offer Unified Communications over their Internet Protocol networks. The Company’s core communications platform enables the delivery of a range of enterprise and consumer calling, messaging and collaboration communication services, including private branch exchanges, video calling, text messaging and converged mobile and fixed-line services.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by their use of terms and phrases such as “enable,” “allow,” “will” and other similar terms and phrases and include, among others, statements regarding the benefits to Verizon and its end-user customers from using BroadSoft’s BroadWorks solution in connection with Verizon’s offering of fixed mobile convergence business services. The outcome of the events described in these forward-looking statements is subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated by these forward-looking statements, including, but not limited to, the financial and other benefits to BroadSoft resulting from the use of BroadSoft’s services by Verizon and its end-users, as well as those factors contained in the “Risk Factors” sections of the Company’s Form 10-K for the year ended December 31, 2013, filed with the Securities and Exchange Commission, or SEC, on February 28, 2014, and in BroadSoft’s other filings with the SEC. All information in this release is as of November 5, 2014. Except as required by law, BroadSoft undertakes no obligation to update publicly any forward-looking statement made herein for any reason to conform the statement to actual results or changes in its expectations.