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Technology Stocks : SONS

SONS 7.830

+2.8%

Nov 28 4:00 PM EST

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From: FJB	1/3/2007 9:50:54 AM
	of 1575

8:34AM Sonus Networks announces record order activity in the fourth quarter and for the full-year 2006; business activity exceeding previous outlook (SONS) 6.59 : Co announced today that it received a letter on December 28, 2006 from the NASDAQ Stock Market stating that the Nasdaq Listing Qualifications Panel has granted Sonus Networks an exception to NASDAQ's periodic reporting requirements. Additionally, the co today announced it achieved record order activity in the fourth quarter and for the full-year 2006. The growth in Sonus' business is being fueled by continued demand for its solutions and services globally as major network operators in each of Sonus' target geographic regions increase the adoption and deployment of IP-Voice networks. "Our tremendous progress in 2006 has culminated in business activity exceeding our previous outlook for the year with profitable growth well ahead of estimated market growth. Building on our solid momentum earlier in the year, we achieved the record order activity in the fourth quarter that we had anticipated, reflecting our customers' confidence in Sonus' services and solutions."

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