Allot Ltd
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Information Technology : Software | Small Cap Blend
Based in Israel
Company profile

Allot Communications Ltd. (Allot) is a global provider of security and monetization solutions that enable mobile, fixed and enterprise service providers to protect and personalize the digital experience. The Company has a global and diverse customer base composed of mobile and fixed broadband service providers, cable operators, private networks, data centers, governments and enterprises, such as financial and educational institutions. Its integrated solutions include analytics, traffic management, video caching and optimization, policy control and charging, service enablement and security solutions. The Allot Service Gateway platforms (including Allot Service Gateway Tera, and Allot Service Gateway 9500), as well as Allot NetEnforcer platforms are based on technology, designed for in-line deployment in a range of networks. Allot service Gateway platforms are designed for deployment both on traditional and virtualized network access infrastructure.

Closing Price
$5.50
Day's Change
0.08 (1.48%)
Bid
--
Ask
--
B/A Size
--
Day's High
5.55
Day's Low
5.15
Volume
(Heavy Day)
Volume:
59,056

10-day average volume:
42,068
59,056

DZS CEO to Discuss "Bridging the Digital Divide" through U.S. Federal Funding Programs at Fiber Connect 2022

8:00 am ET June 7, 2022 (Globe Newswire) Print

EQNX::TICKER_START (NASDAQ:DZSI), EQNX::TICKER_END DZS (Nasdaq: DZSI), a global leader in access networking infrastructure, service assurance and consumer experience software solutions, today announced that its CEO, Charlie Vogt, will present at Fiber Connect 2022, the world's leading optical fiber business and technology event, taking place in Nashville, Tennessee on June 12-15, 2022. Mr. Vogt will participate in the moderated panel discussion "Federal Focus: Bridging the Digital Divide." Other panelists will include Radha Sekar, CEO, USAC; Jim Stegeman, CEO, CostQuest Associates; Xochitl Torres Small, Under Secretary for Rural Development, USDA; and Stefaan Vanhastel, CTO Fixed Networks, Nokia. The session will take place on Monday, June 13 (Day 2) from 9:05 am-09:45 am CST at Nashville's Gaylord Opryland Resort.

"Just like rural electrification almost a century ago provided a catalyst to the economic prosperity and modernization of rural America, bridging the digital divide with hyper-fast broadband and enabling unserved and underserved communities to participate in the gig economy and society will be essential in positioning the U.S. as a thriving force in the future," said Mr. Vogt. With over $70 billion in government stimulus available now or coming available soon, and an equally strong appetite for private investment, there have never been more opportunities to hyper-connect rural and underserved America, and DZS is thrilled to be a key enabler in turning the promise of these programs into reality. A strategic approach to each project that balances technical feasibility, flexibility and readiness for the future with operational efficiency, agility, and consumer experience management and service assurance will be critical to long-term success, and I look forward to sharing our vision and experience of how service providers can find their optimal path to economic prosperity for both their communities and themselves."

Other DZS presenters at Fiber Connect 2022 include:

Fiber Connect 2022 promises to be one of the largest Fiber Connect conventions yet, and will feature an exceptional array of presentations, special events, networking opportunities and exhibitors. An excellent venue for business and market development, technology demonstrations and peer interaction, DZS is a Platinum Sponsor of this global conference orchestrated by the Fiber Broadband Association that attracts not only the traditional fiber community but also new audiences like commercial network operators, mobile network operators, electricity cooperatives, municipalities, digital infrastructure asset owners, technology suppliers, developers and investors, among others. Fiber Connect 2022 attendees form a primary driver of investment, deployment and operation of next-generation gigabit broadband networks in North America.

DZS will have a booth showcasing its "Enabling Tomorrow's Experience Provider" technology, including the cutting edge DZS Cloud software platform for network orchestration, automation, service assurance and consumer experience management. Attendees will have an opportunity to learn more about the award-winning CloudCheck(R) WiFi experience management and Expresse(R) access network optimization solutions deployed by operators globally in multiple daily presentations by DZS experts.

DZS will also participate in the Fiber Connect 2022 PoC demonstrations and awards and will feature a technology enabling high bandwidth, low latency middle-mile solutions for fiber and 5G services at the network edge - an environmentally hardened transport demonstration delivering up to 400 Gbps over coherent DWDM optics across 80km of simulated fiber plant. Stop by booth PM-7 on the exhibit hall floor to see demonstrations of the award-winning DZS Xperience customer experience and service assurance solutions as well as the latest DZS pioneering advancements in next generation PON and point-to-point solutions, end-to-end multi-vendor access network orchestration, and mobile xHaul and optical edge solutions.

To learn more about DZS, visit https://www.dzsi.com

About DZS

DZS Inc. (NSDQ: DZSI) is a global leader in access networking infrastructure, service assurance and consumer experience software solutions.

DZS, the DZS logo, and all DZS product names are trademarks of DZS Inc. Other brand and product names are trademarks of their respective holders. Specifications, products, and/or product names are all subject to change.

This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Private Securities Litigation Reform Act of 1995. These statements reflect the beliefs and assumptions of the Company's management as of the date hereof. Words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "intend," "may," "plan," "project," "seek," "should," "target," "will," "would," variations of such words, and similar expressions are intended to identify forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict. The Company's actual results could differ materially and adversely from those expressed in or contemplated by the forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, those risk factors contained in the Company's SEC filings available at www.sec.gov, including without limitation, the Company's annual report on Form 10-K, quarterly reports on Form 10-Q and subsequent filings. In addition, additional or unforeseen affects from the COVID-19 pandemic and the global economic climate may give rise to or amplify many of these risks. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. DZS undertakes no obligation to update or revise any forward-looking statements for any reason.

For further information see: www.DZSi.com.

DZS on Twitter: https://twitter.com/dzs_innovation

DZS on LinkedIn: https://www.linkedin.com/company/DZSi/

Press Inquiries:
McKenzie Hurst, Thatcher+Co.
Phone: +1 646.893.0036
Email: mhurst@thatcherandco.com 

https://ml.globenewswire.com/media/2a824461-04ed-4e85-aec0-56ba7dcf4350/small/dzs-png.png

Press Inquiries:
McKenzie Hurst, Thatcher+Co.
Phone: +1 646.893.0036
Email: mhurst@thatcherandco.com

https://ml.globenewswire.com/media/2a824461-04ed-4e85-aec0-56ba7dcf4350/small/dzs-png.png

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COMTEX_408323984/2010/2022-06-07T08:00:03

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