Sangoma Named In 2021 Gartner® Magic Quadrant™ for Unified Communications as a Service, Worldwide

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Sangoma Recognized By Leading Analyst Firm For 7th Consecutive Year

MARKHAM, Ontario, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Sangoma Technologies Corporation (“Sangoma”) (TSXV: STC), an industry leader in delivering cloud-native Communications-as-a-Service solutions for businesses of all sizes, today announced that they were named in the 2021 Gartner® Magic Quadrant™ for Unified Communications as a Service, Worldwide for their UCaaS solution suite. This is Sangoma’s seventh straight year being recognized. The Gartner Magic Quadrant assesses UCaaS providers worldwide to identify Leaders, Challengers, Visionaries, and Niche Players.

Sangoma was positioned by Gartner, Inc. in the 2021 Gartner Magic Quadrant for Unified Communications as a Service, Worldwide. Sangoma is one of only fourteen other companies to be evaluated and placed in 2021, and one of six companies to appear consecutively for the last seven years. Per our view, factors considered in the evaluation process included Sangoma’s value-based pricing, complete UCaaS suite, expansion of Sangoma’s reachable market, and CPaaS created applications that augment partners’ vertical offerings and customer experiences.

"We are thrilled to be recognized in this year's Gartner Magic Quadrant," said Bill Wignall, CEO of Sangoma. "Sangoma has grown rapidly for many years in the industry and is now among the top tier of cloud communications companies, so it's very gratifying to be recognized in this manner. Our clients appreciate the industry's most complete set of cloud communications services, cloud-based and on-premise deployment options, and exceptional customer service, so we believe this award will be reassuring to our customers and prospects alike.”

To read the full report, fill out the form on this page.

Gartner Magic Quadrant for Unified Communications as a Service, Worldwide, 18 October 2021, Rafael Benitez | Megan Fernandez | Daniel O’Connell | Christopher Trueman | Pankil Sheth

Gartner Disclaimer:

Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

About Sangoma

In an increasingly complex world, businesses need to simplify the way they communicate, collaborate, and seamlessly integrate third-party applications into their operations and processes. Sangoma Technologies meets that need by being a trusted leader in delivering cloud-native, value-based Communications as a Service (CaaS) solutions for businesses of all sizes. Sangoma’s cloud-native solutions include a full suite of as-a-service offerings including: voice, video, persistent chat, meetings, packaged application integrations, trunking, fax, virtual desktops, contact center, access control and much more.

In addition, Sangoma offers a full line of communications products, including premise-based UC systems, a full line of desk phones and headsets, and a complete connectivity suite (gateways/SBCs/telephony cards). Sangoma is also the primary developer and sponsor of Asterisk and FreePBX, the world’s two most widely used open-source communication software projects.

Sangoma has been named to such prestigious lists as the Deloitte Enterprise Technology Fast 15, Omdia Top 10 UCaaS Service Provider, and Forbes Most Promising Companies. Recognition of its pioneering innovation in the enterprise cloud market extends to major industry analyst indicators such as being awarded the Frost and Sullivan Best Practices Unified Communications and Collaboration Competitive Strategy Leadership Award and the Gartner Magic Quadrant for UCaaS, Worldwide.

Sangoma Technologies Corporation is publicly traded on the TSXV (TSXV: STC). Additional information on Sangoma can be found at: www.sangoma.com.

Cautionary Statement Regarding Forward Looking Statements

This press release contains forward-looking statements, including statements regarding the future success of our business, development strategies and future opportunities. Forward-looking statements include, but are not limited to, statements concerning estimates of future revenue, expected expenditures, expected future production and cash flows, and other statements which are not historical facts. When used in this document, the words such as “could”, “plan”, “estimate”, “expect”, “intend”, “may”, “potential”, “should” and similar expressions indicate forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements are based on the opinions and estimates of management on the date that the statements are made and involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other events contemplated by the forward-looking statements will not occur or will differ materially from those expected. Although Sangoma believes that the expectations represented by such forward-looking statements are reasonable based on the current business environment, there can be no assurance that such expectations will prove to be correct as these expectations are inherently subject to business, economic and competitive uncertainties and contingencies. Some of the risks and other factors which could cause results to differ materially from those expressed in the forward-looking statements contained in the management’s discussion and analysis include, but are not limited to changes in exchange rate between the Canadian Dollar and other currencies, the variability of sales between one reporting period and the next, changes in technology, changes in the business climate in one or more of the countries that Sangoma operates in, changes in the regulatory environment, the rate of adoption of the company’s products in new markets, the decline in the importance of the PSTN and new competitive pressures. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement and Sangoma undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by law. Readers are directed to Sangoma’s filings on SEDAR with respect to Management’s Discussion and Analysis of Financial Results for the basis of Sangoma’s reconciliation of EBITDA to net income as calculated under IFRS.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts

Sangoma Technologies Corporation
David Moore
Chief Financial Officer
(905) 474-1990 Ext. 4107
dsmoore@sangoma.com
www.sangoma.com


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