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Sangoma to Release Its Third Quarter Unaudited Results of Fiscal 2020 and Hold a Conference Call

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MARKHAM, Ontario, Might 17, 2021 (GLOBE NEWSWIRE) — Sangoma Applied sciences Company (TSX VENTURE:STC), a trusted chief in delivering cloud-based Communications as a Service options for firms of all sizes, as we speak introduced that it expects to launch its third quarter outcomes of fiscal 2021 after markets shut on Might 20, 2021.

As well as, the Firm will host a convention name on Thursday Might 20, 2021 at 5.30 pm Japanese Commonplace Time to debate the quarterly outcomes. The dial-in quantity for the decision is 1-800-319-4610 (Worldwide 1-604-638-5340). Buyers are requested to dial in 5 to 10 minutes earlier than the scheduled begin time and ask to affix the Sangoma name.

About Sangoma Applied sciences Company

Sangoma Applied sciences is a trusted chief in delivering value-based Communications as a Service (CaaS) options for companies of all sizes. Sangoma’s cloud-based Companies embrace Unified Communication (UCaaS) enterprise communications, Conferences as a Service (MaaS), Communications Platform as a Service (CPaaS), Trunking as a Service (TaaS), Fax as a Service (FaaS), System as a Service (DaaS), and Entry Management as a Service (ACaaS). As well as, Sangoma presents a full line of communications Merchandise, together with premise-based UC methods, a full line of desk telephones and headsets, and an entire connectivity suite (gateways/SBCs/telephony playing cards). Sangoma’s services are utilized in main UC, PBX, IVR, contact heart, service networks, workplace productiveness, and knowledge communication purposes worldwide. Sangoma can be the first developer and sponsor of Asterisk and FreePBX, the world’s two most generally used open supply communication software program initiatives.

Sangoma Applied sciences Company is publicly traded on the TSX Enterprise Trade (TSX VENTURE: STC). Extra info on Sangoma could be discovered at: www.sangoma.com.

Cautionary Assertion Concerning Ahead Trying Statements
This press launch incorporates forward-looking statements, together with statements concerning the longer term success of our enterprise, improvement methods and future alternatives.

Ahead-looking statements embrace, however usually are not restricted to, statements regarding estimates of anticipated expenditures (together with in respect of IT and safety enhancements being applied in response to the cyber assault), statements regarding anticipated future manufacturing and money flows, statements regarding the continued investigation into and actions being undertaken in response to the cyber assault and the anticipated affect on our enterprise, and different statements which aren’t historic details. When used on this doc, the phrases corresponding to “may”, “plan”, “estimate”, “count on”, “intend”, “might”, “potential”, “ought to” and comparable expressions point out forward-looking statements.

Though Sangoma believes that its expectations mirrored in these forward-looking statements are affordable, such statements contain dangers and uncertainties and no assurance could be on condition that precise outcomes will probably be in line with these forward-looking statements. Ahead-looking statements are based mostly on the opinions and estimates of administration on the date that the statements are made, and are topic to a wide range of dangers and uncertainties and different components that might trigger precise occasions or outcomes to vary materially from these projected in forward-looking statements. Such dangers and uncertainties embrace, however usually are not restricted to, the result of our ongoing investigation into the cyber assault, prices associated to our investigation and any ensuing liabilities, our potential to recuperate any proceeds beneath our insurance coverage insurance policies, and prices associated to and the effectiveness of our mitigation and remediation efforts. Sangoma undertakes no obligation to replace forward-looking statements if circumstances or administration’s estimates or opinions ought to change besides as required by regulation.

Readers are cautioned to not place undue reliance on forward-looking statements, as there could be no assurance that the plans, intentions or expectations upon which they’re based mostly will happen. By their nature, forward-looking statements contain quite a few assumptions, identified and unknown dangers and uncertainties, each basic and particular, that contribute to the chance that the predictions, forecasts, projections and different occasions contemplated by the forward-looking statements won’t happen. Though Sangoma believes that the expectations represented by such forward-looking statements are affordable, there could be no assurance that such expectations will show to be right as these expectations are inherently topic to enterprise, financial and aggressive uncertainties and contingencies. A number of the dangers and different components which may trigger outcomes to vary materially from these expressed within the forward-looking statements contained in its administration’s dialogue and evaluation and annual info type (each accessible on www.sedar.com) embrace, however usually are not restricted to dangers and uncertainties related to the COVID-19 pandemic, adjustments in trade fee between the Canadian Greenback and different currencies, adjustments in know-how, adjustments within the enterprise local weather, adjustments within the regulatory setting, the decline within the significance of the PSTN and new aggressive pressures. The forward-looking statements contained on this press launch are expressly certified by this cautionary assertion.

Neither the TSX Enterprise Trade nor its Regulation Companies Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this launch.

Sangoma Applied sciences Company David Moore Chief Monetary Officer (905) 474-1990 Ext. 4107 dsmoore@sangoma.com

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