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Vocalocity Named One of North America's Fastest Growing Companies on Deloitte's 2013 Technology Fast 500™

Advanced VoIP Solutions Fuel 563 Percent Revenue Growth from 2008 to 2012

ATLANTA--(BUSINESS WIRE)-- Vocalocity, a Vonage company, announced today that Deloitte named the company to its Technology Fast 500™ list for the third consecutive year. Vocalocity, a leading provider of VoIP communications services for business, ranked 188th among the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America*.

"Over the past few years, Vocalocity has grown at an astounding rate, and we credit that success to our customers who choose Vocalocity to power their businesses," said Wain Kellum, former CEO of Vocalocity and now president of Vonage Business Solutions. "We pride ourselves on being partners with the small and mid-sized business community, and this award acknowledges that commitment."

"Vocalocity has enjoyed tremendous success over the last several years, and we are very excited about the addition of Vocalocity to our company," said Marc Lefar, chief executive officer of Vonage. "This recognition is a testament to Vocalocity's position as a strong and reliable partner for small and medium businesses and its ability to meet the communications needs of this rapidly growing market."

Lefar continued, "Together, our mission is to provide our customers with the best possible service and communications solutions available to help them run their businesses more efficiently and effectively."

The Deloitte Technology Fast 500 recognition follows a string of industry acknowledgements for Vocalocity. This year, the company was included on the 2013 Inc. 500|5000 and received the 2013 Internet Telephony Excellence Award, which is given to companies that demonstrate innovation in developing enhancements to solutions that improve clients' businesses.

Additionally, Synergy Research Group recently acknowledged Vocalocity's contributions to the overall growth of the Unified Communications as a Service (UCaaS) market, which grew 22 percent year-over-year in Q2 2013.

To learn more about Vocalocity and its services, visit http://www.vocalocity.com.

About Deloitte's 2013 Technology Fast 500™

Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies — both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2008 to 2012.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.

About Vocalocity

Vocalocity, a Vonage Company, provides hosted VoIP phone systems to small businesses in the U.S. and Canada. The company's goal is to power small businesses with easy-to-use, clear and reliable telephony systems. In addition to its recognition as a fast-growing company and an award-winning telework advocate, the company develops in-house, proprietary technologies like mobile apps for iPhone® and Android™ and CRM plugins for Vocalocity Desktop.

In November, 2013, Vonage Holdings Corp. (NYSE:VG) acquired Vocalocity, Inc. Going forward, Vocalocity will market its services under the Vonage Business Solutions brand.

Vonage Business Solutions provides a robust suite of communications features critical to running a business, and can save businesses at least 30 percent on their domestic phone bills1. In addition, Vonage offers businesses international long distance rates to the most frequently called countries that are, on average, 75 percent lower than the competition2.

The company's best-in-class business features include call analytics, conference calling, call transfer, virtual receptionist, extension dialing, call forwarding, SimulRing®, mobile capabilities and more, all managed through the convenience of an online account. For more information about Vonage Business Solutions, visit Vonage.com/business.

1) Savings claim is based on the average monthly recurring charge for unlimited domestic business calling plans from the top three wireline service providers. Comparison excludes promotional pricing, fees, surcharges or taxes and assumes a customer already has broadband service. Check your phone bill to determine the savings that would apply to you.

2) Based on comparison of the top three wireline service providers' per-minute rates to the top 50 markets.

* The revenue from Vocalocity's acquisition of Aptela was considered when determining its revenue growth from 2008 through 2012.

iPhone is a trademark of Apple Inc., registered in the U.S. and other countries. Android is a trademark of Google Inc.


Media Contacts:
Porter Novelli for Vocalocity
Crystal Cooper, 404-995-4564
Jo Ann Tizzano, 732-365-1363
Investor Relations Contact:
Leslie Arena, 732-203-7372

Source: Vocalocity

News Provided by Acquire Media

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