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ALLT Allot Ltd

2.10
-0.03 (-1.41%)
After Hours
Last Updated: 21:06:29
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
  -0.03 -1.41% 2.10 2.05 2.58 2.18 2.10 2.18 44,193 21:06:29

Allot Communications Receives an Expansion Order of $15M from a Tier-1 Operator

08/09/2014 11:00am

PR Newswire (US)


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HOD HASHARON, Israel, September 8, 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 an expansion order of $15 Million from a major tier-1 operator for the Allot Service Gateway Tera, Allot  ServiceProtector and Allot ClearSee Data Source solutions. Allot received this order during the third quarter of 2014.

The Tier-1 operator selected Allot Service Gateway Tera due to its integrated services coupled with its extreme scalability, supporting high density of 10GE ports suitable for large scale networks.

Leveraging Allot's intelligent traffic steering and load balancing capabilities, the solution will provide various value-added services. Among the services ordered are Allot ServiceProtector for safeguarding against distributed denial of service (DDoS) cyber-attacks and Allot ClearSee Data Source solution to provide rich data sources for different applications.

"We are pleased to see that the Allot Service Gateway Tera is continuing to gain momentum, success and adoption among the world's top operators," said Andrei Elefant, President and CEO of Allot Communications. "Additionally, our value-added services - Allot ServiceProtector and Allot ClearSee Data Source - provide critical capabilities for operators that desire top-notch security protection as well as advanced analytics that turns big data into meaningful business intelligence for better decision-making."

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

Merritt Group, Inc. on Behalf of Allot Communications
Melissa Chadwick | Merritt Group, Inc.
+1-571-382-8513 | chadwick@merrittgrp.com

SOURCE Allot Communications Ltd.

Copyright 2014 PR Newswire

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