Sangoma Releases Audited Results for the Financial Year 2008-2009

Sales of $11.12 million result in net earnings of $2.49 million

• Press Release
• Source: Sangoma Technologies Corporation
• On 5:29 pm EDT, Monday October 26, 2009

MARKHAM, ONTARIO--(Marketwire - Oct. 26, 2009) - Sangoma Technologies Corporation (TSX VENTURE:STC - News), today released highlights of its audited financial results for the year ended June 30, 2009.

Related Quotes

Symbol	Price	Change
STC.V	0.75	-0.02

{"s" : "stc.v","k" : "c10,l10,p20,t10","o" : "","j" : ""}

                                 2008 - 2009         2007 - 2008    Change

Sales                         $11.12 million      $12.34 million      -10%

Net income before provision
 for income taxes              $4.01 million       $4.65 million      -14%

Net income                     $2.49 million       $2.91 million      -14%

EBITDA                         $5.18 million       $5.14 million       +1%

Net earnings per share
 (fully diluted)                       $0.08               $0.10

Sangoma finished the financial year with working capital of $8.97 million, as compared to $8.96 million on June 30, 2008. Cash flow during the year was positive $0.68 million, despite the cash outlay for the Paraxip purchase in July 2008.

About Sangoma Technologies Corporation

Sangoma is the premium provider of voice and data connectivity components for software-based communication applications. Sangoma's data cards, voice cards, gateways and connectivity software are used in leading PBX, IVR, contact center and data-communication applications worldwide. The product line represents a comprehensive toolset for deploying cost-effective, powerful, and flexible software communication applications.

Founded in 1984, Sangoma Technologies Corporation is publicly traded on the TSX Venture Exchange (TSX VENTURE:STC - News). Additional information on Sangoma can be found at: www.sangoma.com.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Serge Forest
Sangoma Technologies Corporation
Vice President of Marketing
(514) 288-7111 Ext. 223
sforest@sangoma.com
www.sangoma.com