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November 16, 2021

Sangoma Awarded 2021 TMC Labs INTERNET TELEPHONY Innovation Award

Comprehensive Solution Suite Honored for Exceptional Innovation

Sangoma Technologies Corporation (“Sangoma”) (TSXV: STC), an industry leader in delivering cloud-native Communications-as-a-Service solutions for businesses of all sizes, announced today that TMC, a global, integrated media company, has named their comprehensive suite of solutions as a 2021 TMC Labs INTERNET TELEPHONY Innovation Award winner presented by INTERNET TELEPHONY magazineSangoma Awarded 2021 TMC Labs INTERNET TELEPHONY Innovation Award

The TMC Labs INTERNET TELEPHONY Innovation Award honors products that display innovation, unique features, and significant contributions toward improving communications technology. The Awards are bestowed to those companies demonstrating ground-breaking contributions to the industry. 

“It’s an honor to be recognized for our innovation in the channel,” said Bill Wignall, CEO and President of Sangoma. “We are laser-focused on continuing to enhance our current offerings and deliver the solutions businesses need to thrive. Our strategy is built on the principle of putting customers first and providing exceptional value for them as well as our channel partners.”

Sangoma offers the only end-to-end Communications as a Service (CaaS) solution suite in the industry, with comprehensive, high-value solutions for Unified Communications as a Service (UCaaS), Trunking as a Service (TaaS), Contact Center as a Service (CCaaS), Desktop as a Service (DaaS), Communications Platform as a Service (CPaaS), Fax as a Service (FaaS), Video Meetings as a Service (MaaS), Device as a Service (DaaS), and Access Control as a Service (ACaaS). The value of their products, in addition to offering exceptional performance, is that they all come from a single vendor for a more seamless and flexible user experience.

“The TMC Labs INTERNET TELEPHONY Innovation Award recognizes the best and the most unique products and services that this industry has to offer. Sangoma has proven their commitment to quality and the further development of the IP communications industry through its comprehensive solution suite,” stated Rich Tehrani, CEO, TMC. “Congratulations to the entire team at Sangoma for earning this great honor. I look forward to seeing more innovative solutions from them as they continue to contribute to the future of IP communications,” Tehrani added.

The 2021 TMC Labs Innovation Award winners will be highlighted on TMCnet and INTERNET TELEPHONY magazine’s online news portal.

About Sangoma

In an increasingly complex world, businesses need to simplify the way they communicate, collaborate, and seamlessly integrate third-party applications into their operations and processes. Sangoma Technologies meets that need by being a trusted leader in delivering cloud-native, value-based Communications as a Service (CaaS) solutions for businesses of all sizes. Sangoma’s cloud-native solutions include a full suite of as-a-service offerings including: voice, video, persistent chat, meetings, packaged application integrations, trunking, fax, virtual desktops, contact center, access control and much more.

In addition, Sangoma offers a full line of communications products, including premise-based UC systems, a full line of desk phones and headsets, and a complete connectivity suite (gateways/SBCs/telephony cards). Sangoma is also the primary developer and sponsor of Asterisk and FreePBX, the world’s two most widely used open-source communication software projects.

Sangoma has been named to such prestigious lists as the Deloitte Enterprise Technology Fast 15, Omdia Top 10 UCaaS Service Provider, and Forbes Most Promising Companies. Recognition of its pioneering innovation in the enterprise cloud market extends to major industry analyst indicators such as being awarded the Frost and Sullivan Best Practices Unified Communications and Collaboration Competitive Strategy Leadership Award and the Gartner Magic Quadrant for UCaaS, Worldwide.

Sangoma Technologies Corporation is publicly traded on the TSXV (TSXV: STC). Additional information on Sangoma can be found at: www.sangoma.com.

Cautionary Statement Regarding Forward Looking Statements

This press release contains forward-looking statements, including statements regarding the future success of our business, development strategies and future opportunities. Forward-looking statements include, but are not limited to, statements concerning estimates of future revenue, expected expenditures, expected future production and cash flows, and other statements which are not historical facts. When used in this document, the words such as “could”, “plan”, “estimate”, “expect”, “intend”, “may”, “potential”, “should” and similar expressions indicate forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements are based on the opinions and estimates of management on the date that the statements are made and involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other events contemplated by the forward-looking statements will not occur or will differ materially from those expected. Although Sangoma believes that the expectations represented by such forward-looking statements are reasonable based on the current business environment, there can be no assurance that such expectations will prove to be correct as these expectations are inherently subject to business, economic and competitive uncertainties and contingencies. Some of the risks and other factors which could cause results to differ materially from those expressed in the forward-looking statements contained in the management’s discussion and analysis include, but are not limited to changes in exchange rate between the Canadian Dollar and other currencies, the variability of sales between one reporting period and the next, changes in technology, changes in the business climate in one or more of the countries that Sangoma operates in, changes in the regulatory environment, the rate of adoption of the company’s products in new markets, the decline in the importance of the PSTN and new competitive pressures. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement and Sangoma undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by law. Readers are directed to Sangoma’s filings on SEDAR with respect to Management’s Discussion and Analysis of Financial Results for the basis of Sangoma’s reconciliation of EBITDA to net income as calculated under IFRS

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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact

Sangoma Technologies Corporation at press@sangoma.com



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