Tue, January 20, 2009
Mon, January 19, 2009
[ Mon, Jan 19th 2009 ] - Market Wire
GoFish Relaunches as Betawave
Sat, January 17, 2009
Fri, January 16, 2009
Thu, January 15, 2009
Wed, January 14, 2009
Tue, January 13, 2009

Catapult Communications Corporation: Catapult Communications Reports No Material Exposure to Nortel Networks Bankruptcy


//science-technology.news-articles.net/content/2 .. rial-exposure-to-nortel-networks-bankruptcy.html
Published in Science and Technology on Wednesday, January 14th 2009 at 13:37 GMT, Last Modified on 2009-01-14 13:37:56 by Market Wire   Print publication without navigation


MOUNTAIN VIEW, CA--(Marketwire - January 14, 2009) - Catapult Communications Corporation (NASDAQ: [ CATT ]) today reported that it believes that it has no material financial exposure as a result of bankruptcy filings by Nortel Networks ("Nortel"). The impact on Catapult's future business is expected to be limited, as revenues from sales to Nortel have represented less than 10% of Catapult's revenues in the past four fiscal years, and less than 2% of revenue in fiscal 2008.

Catapult also sells to Nortel joint ventures in Asia. Nortel has announced that its affiliates in Asia are not included in the bankruptcy proceedings and are expected to continue to operate in the ordinary course.

About Catapult Communications

Catapult Communications is a leading supplier of advanced digital telecom test systems to global equipment manufacturers and service providers, including Alcatel-Lucent, Motorola, NEC, NTT DoCoMo and Nokia Siemens Networks. The Catapult DCT2000® and MGTS® systems deliver superior high-end test solutions for hundreds of protocols and variants -- spanning LTE, IMS, WiMAX, mobile telephony, VoIP, GPRS, SS7, Intelligent Network, ATM and ISDN. The Company is committed to providing testing tools that are at the forefront of the telecom technology curve.

Catapult is headquartered at 160 South Whisman Road, Mountain View, CA 94041. Tel: 650-960-1025. International offices are located in the United Kingdom, Ireland, Germany, France, Finland, Sweden, Canada, Japan, China, India and the Philippines. Information about Catapult Communications can be found on the Web at [ www.catapult.com ].


Publication Contributing Sources

Similar Science and Technology Publications