Science & Technology
Science and Technology
Science and Technology
Wed, October 21, 2009 Tekelec: Tekelec Named to Forbes' List of "America's 200 Best Small Companies" for Second Consecutive Year
MORRISVILLE, NC--(Marketwire - October 21, 2009) - [ Tekelec ] (
Rankings are based on earnings growth, sales growth and return on equity in the past 12 months and over five years. To be considered for the Forbes list, a company must have annual revenue between $5 million and $750 million, be publicly traded for at least a year and have a minimum stock price of $5.
"It is rewarding to see that Tekelec is once again recognized for our operational and financial excellence," said Frank Plastina, president and chief executive officer, Tekelec. "Our global team and unmatched technology investments continue to produce innovative, value-added solutions for our customers and our shareholders."
Tekelec enables more than one billion people to communicate over mobile phone, mobile Internet and land-line connections, with customers spanning more than 100 countries. Demand for Tekelec's solutions is being driven by the need to support the global rise in network traffic, including text messages and worldwide mobile expansion. During the past two and a half years, the company has added 49 new customers.
About Tekelec
Tekelec, a global leader in core multimedia session control, mobile messaging and network intelligence, ensures scalable, secure and highly available communications. The company's market-leading signaling solutions enable the interworking of different network applications, technologies and protocols, providing a smooth transition to next-generation networks. Tekelec has more than 20 offices around the world serving customers in more than 100 countries, with corporate headquarters located near Research Triangle Park in Morrisville, N.C., U.S.A. For more information, please visit [ www.tekelec.com ].
FORWARD-LOOKING STATEMENTS
Certain statements made in this press release are forward looking, reflect the Company's current intent, belief or expectations and involve certain risks and uncertainties. The Company's actual future performance may differ materially from such expectations as a result of important risk factors, which include, in addition to those identified in the Company's 2008 Form 10-K, 2009 First and Second Quarter Form 10-Q and its other filings with the Securities and Exchange Commission, the effect of the current or escalating economic crisis including the impact of credit availability and currency fluctuations on overall capital spending by our customers, the current or further detrimental changes in general economic, social, or political conditions in the countries in which we operate, the timeliness and functional competitiveness of our product releases, the timing of our recognition of revenues and changes to the accounting rules related thereto, our ability to maintain OEM, partner, and vendor support and supply relationships, business interruptions at the Company, its suppliers or customers resulting from the recent or subsequent flu pandemics, our ability to compete with other manufacturers that have lower cost bases than ours and/or are partially supported by foreign governments or employ other unfair trade practices, our ability to integrate acquisitions, our ability to protect intellectual property rights or the risk of infringing and litigating with others regarding their intellectual property rights, and changes in the market price of the Company's common stock. The Company undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.
