Allot Completes the Acquisition of Esphion
08 Gennaio 2008 - 2:53PM
PR Newswire (US)
HOD-HASHARON, Israel, Jan. 8 /PRNewswire-FirstCall/ -- Allot
Communications Ltd. (NASDAQ:ALLT), a leader in IP service
optimization solutions based on deep packet inspection (DPI), today
announced that it has completed the acquisition of Esphion Limited
for Network and Subscriber Protection Solutions, as previously
announced on January 3, 2008. For more information about the
acquisition, please see Allot's press release dated January 3,
2008, which may also be found under the "investors" section on
Allot's website. About Allot Communications Allot Communications
Ltd. (NASDAQ:ALLT) is a leading provider of intelligent IP service
optimization solutions. Designed for carriers, service providers
and enterprises, Allot solutions apply deep packet inspection (DPI)
technology to transform broadband pipes into smart networks. This
creates the visibility and control vital to manage applications,
services and subscribers, guarantee quality of service (QoS),
contain operating costs and maximize revenue. Allot believes in
listening to customers and provides them access to its global
network of visionaries, innovators and support engineers. For more
information, please visit http://www.allot.com/. About Esphion
Esphion (http://www.esphion.com/) is a leading provider of network
Anomaly Detection Systems (ADS). Deployed by large Service
Providers in Asia Pacific, such as PCCW, True Internet and Telecom
New Zealand, ADS is the most robust technology available to combat
previously unseen and unknown threats to critical network
infrastructure, such as DDoS, Zero-Day Worms and SPAMbots. Esphion
ADS detects threats to critical networks and creates mitigation
strategies for immediate deployment -- before the network is
impacted. Safe Harbor Statement Information provided in this press
release may contain statements relating to current expectations,
estimates, forecasts and projections about future events that are
"forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995. These forward-looking statements
generally relate to the Allot's plans, objectives and expectations
for future operations, including the characteristics of the
combination of Allot and Esphion technologies; the effect of
Esphion's acquisition to Allot's earnings per share following the
closing; and the timing on which this transaction will become
accretive to earnings. These forward-looking statements are based
upon management's current estimates and projections of future
results or trends. Actual future results may differ materially from
those projected as a result of certain risks and uncertainties.
These factors include, but are not limited to: the risk that the
businesses will not be integrated successfully; the risk that any
synergies from the transaction may not be fully realized or may
take longer to realize than expected; the market's acceptance of
the combined solution of Allot and Esphion technologies; changes in
general economic and business conditions and, specifically, a
decline in demand for Allot's products; Allot's inability to timely
develop and introduce new technologies, products and applications;
loss of market; and those factors discussed under the heading "Risk
Factors" in Allot's annual report on Form 20-F filed with the
Securities and Exchange Commission. These forward-looking
statements are made only as of the date hereof, and we undertake no
obligation to update or revise the forward-looking statements,
whether as a result of new information, future events or otherwise.
DATASOURCE: Allot Communications Ltd. CONTACT: Investor Relations:
Jay Kalish, Executive Director Investor Relations of Allot
Communications Ltd., International access code +972-9-761-9365, Web
site: http://www.allot.com/ http://www.esphion.com/
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