GAITHERSBURG, MD — (Marketwired) — 01/29/15 — BroadSoft, Inc. (NASDAQ: BSFT) today announced that Oxford Networks, an award winning technology solutions provider based in Lewiston, Maine, has selected its BroadCloud® managed services to power Oxford Networks Cloud Branch Exchange (ONcbx), a cloud-based business communications service designed for small and medium sized businesses (SMB) that extends beyond standard telephony features to include video calling and conferencing, mobility, unified messaging, and other in-demand hosted unified communications (UC) services.
According to an August 2014 Infonetics report, the global hosted PBX and UC services market is expected to grow from $8.5B in 2014 to $12.3B by 2018. The rapid adoption of these hosted services has created the need for service providers to explore faster service delivery models to meet customer demand for unified communications services without the associated, capital, lease, or maintenance costs of a premises-based telephony system.
Oxford Networks selected BroadCloud for in-demand UC capabilities that can be rapidly delivered to their SMB customers, speeding time to new service revenues. BroadCloud offers service providers a complete managed hosted service from BroadSoft–s cloud infrastructure, while covering the full business customer life-cycle, from initial quote to service activation to support, in addition to providing PBX and UC services.
ONcbx, powered by BroadCloud, delivers a range of key benefits to SMB customers, including:
A flexible hosted UC offering that extends across all business locations — including remote sites and mobile users — without the need to purchase and maintain office telephony systems at each location.
Self-service web portals with easy to administer functions for faster service and reduced admin costs.
Mobile phone integration and a single mobile app to access UC services.
“Our decision to collaborate with BroadSoft was based on their comprehensive approach to Unified Communications and experience delivering top-notch service to their customers,” said Alan Marblestone, director of product management, Oxford Networks. “BroadSoft–s services will provide our customers with the communications tools they need to efficiently and effectively run their businesses. Their collaborative approach towards evolving the product ensures that our customers will have a voice on the new features and functionality they require. A critical differentiator of cloud-based product delivery is that customers receive the latest features without having to pay for costly upgrades to premises-based telephone systems. This is the future of business productivity systems and our customers have access to it today.”
“We are thrilled to support Oxford Networks– vision to provide small and medium businesses with innovative, cloud-delivered unified communication services,” said Ken Rokoff, vice president, BroadCloud, BroadSoft. “With its powerful UC capabilities and fully operationalized end-to-end business processes, BroadCloud enables service providers like Oxford Networks to create a differentiated service offer that meets the needs of their business customers.”
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by their use of terms and phrases such as “can,” and “enable” and other similar terms and phrases and include, among others, statements regarding the benefits to Oxford Network–s customers resulting from the use of BroadCloud managed services in Oxford Network–s service offering to small and medium-sized businesses. The outcome of the events described in these forward-looking statements is subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated by these forward-looking statements, including, but not limited to, the financial and other benefits to BroadSoft resulting from the use of BroadCloud managed services by Oxford Networks in its product offerings as well as those factors contained in the “Risk Factors” section of BroadSoft–s Form 10-K for the year ended December 31, 2013, filed with the Securities and Exchange Commission, or SEC, on February 28, 2014, and in BroadSoft–s other filings with the SEC. All information in this release is as of January 29, 2015. Except as required by law, BroadSoft undertakes no obligation to update publicly any forward-looking statement made herein for any reason to conform the statement to actual results or changes in its expectations.
BroadSoft is the leading provider of software and services that enable mobile, fixed-line and cable service providers to offer Unified Communications over their Internet Protocol networks. The Company–s core communications platform enables the delivery of a range of enterprise and consumer calling, messaging and collaboration communication services, including private branch exchanges, video calling, text messaging and converged mobile and fixed-line services.
Oxford Networks is an award winning technology solutions provider based in Lewiston, Maine. With a fiber optic network backbone running from Boston, MA to Bangor, ME and a high-security data center located in Brunswick, ME, Oxford Networks provides end to end technology solutions for companies around the world. Oxford Networks services and products include: Data Center Services, Managed IT Services, Voice, Internet, and Carrier Services.
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