San Jose, California, United States
Veraz Networks, Inc., a provider of voice over IP (VoIP) softswitches, media gateways and digital compression products to wireline and wireless service providers, announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock. The shares of common stock to be sold in the offering are expected to be offered by Veraz Networks, Inc and a selling stockholder.
Credit Suisse Securities (USA) LLC and Lehman Brothers Inc. will be acting as joint book-running managers of the proposed offering. Jefferies & Company, Inc. and Raymond James & Associates, Inc. are also acting as underwriters for the proposed offering. The number of shares to be offered and the price range for the offering have not yet been determined.
The offering will be made only by means of a prospectus. Copies of the Veraz Networks, Inc prospectus, when available, may be obtained from:
Credit Suisse Prospectus Department, One Madison Avenue, New York, NY 10010; tel: 1-800-221-1037
Lehman Brothers Inc., c/o ADP Financial Services, Prospectus Fulfillment, 1155 Long Island Avenue Edgewood, NY 11717; fax: 1-631-254-7268, or email at monica_castillo@adp.com
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
CONTACT: PR@vantage Jason Aiken 415-984-1970 ext. 110 jaiken@pr-vantage.com
CONTACT: PR@vantage Jason Aiken 415-984-1970 ext. 110 jaiken@pr-vantage.com , ,
Source: Business Wire (Business Wire India)