Audiocodes Ltd. — Investor Presentation 2006

Nov 13, 2006

AudioCodes

Your Gateway to VoIP

PRESS RELEASE

Company Contacts Nachum Falek, VP Finance & CFO AudioCodes Tel: +972-3-976-4000 nachum@audiocodes.com

Shirley Nakar, Director, Investor Relations AudioCodes Tel: +972-3-976-4000 shirley@audiocodes.com

IR Agency Contact Erik Knettel, The Global Consulting Group Tel: +1-646-284-9415 eknettel@hfgcg.com

AudioCodes to Present at the Lehman Brothers Third Annual Small Cap Conference

Lod, Israel – November 13, 2006 – AudioCodes (NASDAQ: AUDC), a leading provider of Voice over Packet (VoP) technologies and Voice Network products, today announced that Mr. Ben Rabinowitz, Vice President & General Manager for Session Border Controllers and Media Server Business Lines at AudioCodes, is scheduled to present at the Lehman Brothers Third Annual Small Cap Conference on Wednesday, November 15, 2006.

AudioCodes Investor Presentation

Where: Lehman Brothers Third Annual Small Cap Conference St. Regis Monarch Beach Resort & Spa Dana Point, California

When: Wednesday, November 15, 2006 5:20 pm Eastern Time / 2:10 pm Pacific Time

Webcast: Investor Relations Webcast page on the AudioCodes Corporate Website Online at: http://www.audiocodes.com/Content.aspx?voip=43

A Webcast of the event will be broadcast live over the Internet and a replay will be made available for 90 days following the event. To access the Webcast presentation via the Internet on November 15, 2006 at 5:20 pm Eastern Time / 2:10 pm Pacific Time, individuals can visit online at the Internet address detailed above. Participants are encouraged to visit the Web site at least 15 minutes prior to the presentation start time to download and install any necessary software.

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About AudioCodes

AudioCodes (NASDAQ: AUDC), Your Gateway to VoIP, provides innovative, reliable and cost-effective Voice over Packet (VOP) technology and Voice Network products to OEMs, Network Equipment Providers, Service Providers and System Integrators worldwide. AudioCodes provides a diverse range of flexible, comprehensive media gateway and media processing technologies (based on VoIPerfect™ – AudioCodes’ underlying, best-of-breed, core media gateway architecture) and Session Border Controllers (SBCs). The company is a market leader in product development, focused on VoIP Media Gateway, Media Server and SBC technologies and network products. AudioCodes has deployed tens of millions of media gateway and media server channels globally over the past few years and is a key originator of the ITU G.723.1 standard for the emerging Voice over IP market. The Company is a VoIP technology leader focused on quality, having recently received a number one ranking from ETSI for outstanding voice quality in its media gateways and media servers. AudioCodes voice network products feature media gateway and media server platforms for packet-based applications in the converged, wireline, wireless, broadband access, enhanced voice services and video markets. AudioCodes enabling technology products include VoIP and CTI communication blades, VoIP media gateway processors and modules, and CPE devices. AudioCodes’ headquarters and R&D facilities are located in Israel with an R&D extension in the U.S. Other AudioCodes’ offices are located in Europe, the Far East, and Latin America.

For more information on AudioCodes, visit http://www.audiocodes.com.

Statements concerning AudioCodes' business outlook or future economic performance; product introductions and plans and objectives related thereto; and statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters, are "forward-looking statements" as that term is defined under U.S. Federal securities laws. Forward-looking statements are subject to various risks, uncertainties and other factors that could cause actual results to differ materially from those stated in such statements. These risks, uncertainties and factors include, but are not limited to: the effect of global economic conditions in general and conditions in AudioCodes' industry and target markets in particular; shifts in supply and demand; market acceptance of new products and continuing products' demand; the impact of competitive products and pricing on AudioCodes' and its customers' products and markets; timely product and technology development/upgrades and the ability to manage changes in market conditions as needed; and other factors detailed in AudioCodes' filings with the Securities and Exchange Commission. AudioCodes assumes no obligation to update the information in this release.

AudioCodes, AC, Ardito, AudioCoded, NetCoder, TrunkPack, VoicePacketizer, MediaPack, Stretto, Mediant, VoIPerfect and IPmedia and Your Gateway to VoIP are trademarks or registered trademarks of AudioCodes Limited. All other products or trademarks are property of their respective owners.