MOUNTAIN VIEW, CA--(MARKET WIRE)--Jan 14, 2009 -- Catapult Communications Corporation (NasdaqGS:CATT - News) today reported that it believes that it has no material financial exposure as a result of bankruptcy filings by Nortel Networks ("Nortel"). The impact on Catapult's future business is expected to be limited, as revenues from sales to Nortel have represented less than 10% of Catapult's revenues in the past four fiscal years, and less than 2% of revenue in fiscal 2008.
Catapult also sells to Nortel joint ventures in Asia. Nortel has announced that its affiliates in Asia are not included in the bankruptcy proceedings and are expected to continue to operate in the ordinary course.
About Catapult Communications
Catapult Communications is a leading supplier of advanced digital telecom test systems to global equipment manufacturers and service providers, including Alcatel-Lucent, Motorola, NEC, NTT DoCoMo and Nokia Siemens Networks. The Catapult DCT2000® and MGTS® systems deliver superior high-end test solutions for hundreds of protocols and variants -- spanning LTE, IMS, WiMAX, mobile telephony, VoIP, GPRS, SS7, Intelligent Network, ATM and ISDN. The Company is committed to providing testing tools that are at the forefront of the telecom technology curve.
Catapult is headquartered at 160 South Whisman Road, Mountain View, CA 94041. Tel: 650-960-1025. International offices are located in the United Kingdom, Ireland, Germany, France, Finland, Sweden, Canada, Japan, China, India and the Philippines. Information about Catapult Communications can be found on the Web at www.catapult.com.
For investor information contact:
Leigh Salvo
Investor Relations
(650) 314-1000
ir@catapult.com
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