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ALLT Allot Ltd

2.08
0.00 (0.00%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Allot Ltd NASDAQ:ALLT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.08 1.82 13.40 2.11 2.07 2.09 8,986 01:00:00

Allot Communications Receives Expansion Orders of Over $5 Million Dollars from Two Tier-1 Mobile Operators

10/10/2014 2:02pm

PR Newswire (US)


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HOD HASHARON, Israel, October 10, 2014 /PRNewswire/ --


Allot Communications Ltd. (NASDAQ, TASE: ALLT), a leading global supplier of service optimization and revenue generation solutions for fixed and mobile broadband operators and cloud providers, announced today that it has received expansion orders of over five million dollars from two Tier-1 mobile operators for the Allot Service Gateway Tera for delivering value-added services to the Operators' subscribers. The key offering enabled by Allot is a virtualized security service which protects subscribers and boosts ARPU. This follows a $15 Million expansion order from another major Tier-1 operator that was announced recently for the Allot Service Gateway Tera and associated value-added services.

"We are pleased to see our Allot Service Gateway Tera continue being adopted and gaining momentum among the world's top operators for delivering digital lifestyle services," said Gary Drutin, Chief Customer Officer of AllotCommunications. "Allot sees a substantial opportunity for service delivery to operators' subscribers. This will continue to be a growth engine for Allot since operators are always looking for new ways to monetize their assets."

About Allot Communications 

Allot Communications Ltd. (NASDAQ, TASE: ALLT) is a leading global provider of intelligent broadband solutions that put mobile, fixed and cloud networks at the center of the digital lifestyle and workstyle. Allot's DPI-based solutions identify and leverage the business intelligence in data networks, empowering operators to analyze, protect, improve and enrich the digital lifestyle services they deliver. Allot's unique blend of innovative technology, proven know-how and collaborative approach to industry standards and partnerships enables network operators worldwide to elevate their role in the digital lifestyle ecosystem and to open the door to a wealth of new business opportunities. For more information, please visit http://www.allot.com.

Forward Looking Statement 

This release may contain forward-looking statements, which express the current beliefs and expectations of Company management. Such statements involve a number of known and unknown risks and uncertainties that could cause our future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: our ability to compete successfully with other companies offering competing technologies; the loss of one or more significant customers; consolidation of, and strategic alliances by, our competitors, government regulation; lower demand for key value-added services; our ability to keep pace with advances in technology and to add new features and value-added services; managing lengthy sales cycles; operational risks associated with large projects; our dependence on third party channel partners for a material portion of our revenues; and other factors discussed under the heading "Risk Factors" in the Company's annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts
Allot Communications
Maya Lustig | Director of Corporate Communications
+972-9-7616851| mlustig@allot.com

SOURCE Allot Communications Ltd.

Copyright 2014 PR Newswire

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