Grandstream Networks Receives Internet Telephony Magazine's 11th Annual Product of the Year Award

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Grandstream's 24-port FXS Gateway, the GXW4024, Recognized for Outstanding Innovation

Grandstream Networks announced today that Technology Marketing Corporation's (TMC®) INTERNET TELEPHONY magazine (http://www.itmag.com) has named Grandstream's GXW4024 as a recipient of its 2008 Product of the Year Award.

The GXW4024 is a high density SIP based analog telephone VoIP gateway that is fully interoperable with leading IP-PBX and softswitch deployments. It features a 24 port FXS architecture, superb voice quality, rich telephony functionality, easy provisioning, flexible dialing plans and advanced security protection. The GXW4024 gateway enables the Small-to-Medium-Business (SMB) to build a cost-effective hybrid VoIP and analog telephone system. The SMB can now enjoy the benefits of VoIP communications while preserving their investment on existing analog phones and traditional PBX systems.

"We are very pleased to receive the prestigious award from TMC for our GXW4024 gateway," said David Li, CEO of Grandstream Networks. "GXW4024 is a great product for companies who are thinking of tapping the benefits of VoIP without throwing away their existing analog phone system and voice line wiring. Its superior features and unrivalled price-performance competitiveness makes this product especially attractive in today's economic climate."

"INTERNET TELEPHONY is pleased to grant a 2008 Product of the Year Award to Grandstream Networks for their GXW4024. Grandstream has proven they are committed to quality and excellence while addressing real needs in the marketplace," said Rich Tehrani, TMC President and Editor-in-Chief of INTERNET TELEPHONY magazine. "We're proud to honor their accomplishments in the advancement of IP communications and look forward to more innovative solutions from them in the future."

A full list of Product of the Year winners will be published in the February, 2009 issue of INTERNET TELEPHONY magazine, (http://www.itmag.com). INTERNET TELEPHONY has been the authority in IP communication since 1998™.
For more information about TMC, please visit http://www.tmcnet.com.

About Grandstream Networks:
Grandstream Networks is a leading designer and manufacturer of innovative, affordable, and high quality IP voice and video products for the worldwide broadband telephony market. Our products are fully compatible with the SIP industry standard, field proven with large and rapidly growing deployed base, and have broad interoperability with the majority of 3rd party SIP products on the market today.

About INTERNET TELEPHONY magazine
INTERNET TELEPHONY has been the IP Communications Authority since 1998™. Beginning with the first issue in February of 1998, INTERNET TELEPHONY magazine has been providing unbiased views of the complicated converged communications space. INTERNET TELEPHONY offers rich content from solutions-focused editorial content to reviews on products and services from TMC Labs. INTERNET TELEPHONY magazine reaches more than 225,000 readers, including pass-along readers. For more information, please visit http://www.itmag.com.

About TMC
Technology Marketing Corporation (TMC) is an integrated global media company helping our clients build communities in print, in person and online. TMC publishes Customer Interaction Solutions, INTERNET TELEPHONY, Unified Communications, and NGN Magazine. TMC is also the first publisher to test new products in its own on-site laboratories, TMC Labs. TMCnet, TMC's Web site, is the leading source of news and articles for the communications and technology industries. TMCnet is read by three million unique visitors each month worldwide, according to Webtrends. In addition, TMC produces INTERNET TELEPHONY Conference & EXPO and Communications Developer Conference.

For more information about TMC, visit http://www.tmcnet.com.

Company Contact:
Karleen G. Fallon
Marketing Communications Manager
617-566-9300, ext. 821
kgreenefallon (at) grandstream.com

TMC Contact:    
Jan Pierret
Marketing Manager
203-852-6800, ext. 228    
jpierret (at) tmcnet.com

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Karleen Fallon
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