London, April 9, 2002 - Clarent Corporation (OTC: CLRN
<http://finance.yahoo.com/q?s=clrn>), a leading provider of softswitch
solutions for next generation networks, continues to be a global leader in
supporting revenue-generating VoIP networks, according to an annual survey
published by iLocus, "Global IP Telephony Market 2002," published in
Based on a survey of 100 IP telephony companies, iLocus finds that Clarent
and Cisco remained the undisputed leaders in international VoIP traffic in
2001. The survey indicates that Clarent solutions handled an average of 740
million international VoIP minutes per month, reflecting 27.3 per cent of
the market and second only to Cisco (33.4%) during this period. The next
closest vendor handled just 14.1% of traffic.
According to the annually published report, international toll by-pass
continues to be a strong and growing market for VoIP. International calls
account for a majority of VoIP service and represented 68% of VoIP revenues
in 2001. International VoIP traffic more than doubled over the past year
and rose to 2.7 billion minutes a month in 2001 from 1.3 billion in 2000.
In this market space, Clarent solutions are amongst the most widely
deployed worldwide. The iLocus report identifies Clarent as one of the top
three vendors handling commercial voice traffic based on revenue generating
"A clear winner among early adopters of VoIP, Clarent has a substantial
installed customer base. We find Clarent softswitch and gateway solutions
consistently receive high praise for reliability, sound quality and billing
features," commented Jahangir Raina, the iLocus analyst who conducted the
"The findings of this study confirm that Clarent has maintained a strong
presence in the Voice over IP market worldwide," said Gary Sbona, Chairman
and CEO of Clarent Corporation. "We are now able to leverage and expand our
leadership position beyond long-distance networks to include local loop
deployments. Our continued commitment to application partnerships reflects
our focus on creating innovative, IP-based communications solutions."
Clarent Corporation is a leading provider of softswitch solutions for next
generation networks. Clarent's solutions enable service providers to deploy
a converged network (voice, data and applications). Clarent solutions reduce
costs and increase operating efficiencies while delivering innovative new
services that allow end users to manage their communications. Founded in
1996, Clarent is headquartered in Redwood City, Calif. and has offices in
Asia, Europe and North America. For more information please visit
Forward Looking Statements
This release contains forward-looking statements that involve risks and
uncertainties, including statements about Clarent's future growth and
strategic goals. These statements involve risks and uncertainties, including
uncertainties associated with the future development of the markets for
IP-based communications and changes in the global economic market,
government regulations, the international communications industry,
technological changes and other factors, which could cause actual results to
vary materially from those expressed in or indicated by the forward-looking
statements. Certain of these risks and uncertainties are described further
in our periodic filings with the SEC.
Clarent and the Clarent logo are trademarks or registered trademarks of
Clarent Corporation in the United States and other jurisdictions. All other
trademarks, registered trademarks and service marks are the property of
their respective owners.
Established in March 1999, iLocus is a market research group dedicated to
the IP telephony industry. Through open publications and regular surveys,
iLocus helps next generation companies with important business decisions.
The research which iLocus produces is known for its focus on important
market indicators. iLocus publishes an annual report
(http://www.ilocus.com/report02.htm) that is an empirical study providing a
quantitative overview of the VoIP market.
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