About Vertical and Our IP PBX and VoIP Business Phone Systems

Vertical Communications is a leader in IP PBX and VoIP business phone systems. The Company is focused on the small-to-medium business (SMB) marketplace while also servicing a number of high-profile national product and service retailers. Vertical´s solutions redefine the role that telephony plays in business by delivering voice communications systems with easy-to-use integrated applications that dramatically increase customer productivity and efficiency while reducing costs. Vertical Wave, the company´ next-generation telephony platform, uses a revolutionary architecture that makes it easy for customers to quickly deploy powerful, pre-loaded applications on demand, resulting in considerable cost savings and improved customer service. Vertical´s solutions deliver enterprise-class functionality and competitive advantage while enabling cost-effective migration from yesterday´s key systems and PBXs to today´s next-generation IP business phone systems and applications.

With a current installed base of over 200,000 customers and approximately $100 million in annual revenue, Vertical is one of the largest telephony vendors in North America. The Company´s InstantOffice®, TeleVantage®, Comdial® and Vodavi® brand products have won numerous awards and have been consistently cited for delivering measurable value to customers.

Vertical has evolved from the combination of four leading technology and phone system vendors and the creation of one of the industry´s leading IP telephony research and development teams. Vertical´s journey began in 2004 with the entrance of Vertical´s current management team and group of investors. The team combined the Artisoft and Vertical Networks businesses and completed a related financing transaction in September 2004. With new investors and a large infusion of capital, the management team set out to build a world-class IP telephony company and distribution channel.

A year later, Vertical completed the acquisition of Comdial Corporation and thereby introduced a new family of products to a much expanded Vertical channel. In December 2006, Vertical took the next significant step in its growth by acquiring Vodavi Technologies, Inc. and forming a strategic relationship with LG-Nortel Co., Ltd. (LGN), including LGN´s ownership of 11 percent of Vertical´s shares outstanding. The combination of these efforts has led to Vertical´s ranking as a top-five telephony vendor serving the SMB market in North America. Today, Vertical develops and sells a comprehensive range of next-generation IP telephony solutions through over 1,800 distributors and resellers worldwide, representing one of the largest telephony distribution channels in the marketplace. With over 300 employees guided by an experienced management team, the company has the strong support of a group of prominent investors with a proven track record of success. Vertical is well on its way to fulfilling its objective to create a telephony innovation and distribution powerhouse that meets the needs of SMB customers while supporting a targeted group of national accounts in key vertical markets.

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