Audiocodes Ltd. — Regulatory Filings 2004

Mar 29, 2004

AudioCodes

Brooktrout

Contact:

| Michelle Liro Brooktrout, Inc. Tel: +1-781-433-9525 mliro@brooktrout.com | Shirley Nakar AudioCodes, Ltd. Tel: +972-3-976-4072 shirley.nakar@audiocodes.com | Kristy Needham Alan Weinkrantz And Co. Tel: +1-210-861-9875 kristyn@weinkrantz.com | | --- | --- | --- |

Brooktrout and AudioCodes to Collaborate in the Voice over IP Market

Brooktrout to Utilize AudioCodes' Technology to Deliver High-Density Voice over Packet Products

Needham, MA; San Jose, CA and Lod, Israel – March 29, 2004 – Brooktrout, Inc. (NASDAQ: BRKT), a leading provider of innovative hardware and software platforms that enable applications for the New Network™, and AudioCodes, Ltd., a leading provider of voice over packet (VoIP) technologies, today announced that Brooktrout will leverage AudioCodes’ expertise in VoIP to deliver best-of-breed VoIP enabling technology products to its customers.

AudioCodes has provided a leadership role in the evolution of voice over packet enabling technology, from algorithms and chip development to communication boards and analog and digital Media Gateway products. With Brooktrout’s history of enabling New Network applications and services, the collaboration brings together a powerful blend of technology and market development resources.

“AudioCodes has made significant contributions to the development of voice over packet networks. Rather than re-invent proven technology, Brooktrout will utilize AudioCodes’ extensive capabilities to deliver high-density voice over packet platforms to our customers,” said Eric Giler, president of Brooktrout, Inc. “Brooktrout’s aggressive strategy to deliver state-of-the-art products for next generation voice over packet opportunities is further facilitated by our relationship with AudioCodes.”

Since 1984, Brooktrout has developed innovative hardware and software platforms that OEMs, developers and corporate IT managers build into their communications systems. Customers

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worldwide incorporate the company’s products into applications, systems, and services that allow voice, fax and data to be distributed over the New Network (IP packet-based) and the traditional circuit-based telephone network.

“We are pleased that Brooktrout, a company recognized as a premier provider of enabling technologies for the communications market and committed to VoIP evolution, has chosen AudioCodes’ technology,” said Shabtai Adlersberg, CEO of AudioCodes. “Our high-quality voice over packet technologies, together with Brooktrout’s experience in delivering enabling technologies to the communications market creates a foundation for the delivery of highly innovative, winning solutions.”

About AudioCodes

AudioCodes Ltd. (NASDAQ: AUDC) enables the new voice infrastructure by providing innovative, reliable and cost-effective Voice over Packet technology and Voice Network products to OEMs, network equipment providers and system integrators. AudioCodes provides its customers and partners with a diverse range of flexible, comprehensive media gateway and media processing technologies, based on VoIPerfect™ – AudioCodes’ underlying, best-of-breed, core media gateway architecture. The company is a market leader in voice compression technology and is a key originator of the ITU G.723.1 standard for the emerging Voice over IP market. AudioCodes voice network products feature media gateway and media server platforms for packet-based applications in the wireline, wireless, broadband access, and enhanced voice services markets. AudioCodes enabling technology products include VoIP and CTI communication boards, VoIP media gateway processors and modules, and CPE devices. Its customers include the leading telecom and data network equipment providers globally. AudioCodes’ international headquarters and R&D facilities are located in Israel, with U.S. headquarters in San Jose, California. Additional offices are in Boston, Chicago, Beijing, Tokyo, Paris and London. For more information on AudioCodes, visit www.audiocodes.com or call +1 (408) 577-4088.

About Brooktrout

Brooktrout, Inc., headquartered in Needham, MA, delivers communications hardware and software products that enable applications for the New Network™ – a Network born through the marriage of the telephone and data networks. Brooktrout, Inc.’s mission is to collaborate with its partners so they can bring innovative solutions to market quickly, increase business and expand into new markets. Brooktrout believes that a solid focus on customers, significant first-to-market products and key acquisitions are

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making it a partner of choice for today's hottest communications service and enterprise application providers. Brooktrout is traded publicly on NASDAQ under the symbol BRKT. For more information, visit http://www.brooktrout.com/investor.

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.

Statements in this press release concerning Brooktrout that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements that Brooktrout will leverage AudioCodes' expertise in VoIP to deliver best-of-breed VoIP enabling technology products to its customers. Readers should not place undue reliance on forward-looking statements because they involve known and unknown risks and uncertainties, which may cause actual results, performance, and achievements to differ materially from what are expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, the current telecommunications market slow down and its impact on our customers' business and financial strength, the uncertainties relating to global events, the ability to keep pace with the evolution of the telecommunications hardware and software market, the impact of competition, and the impact of changes to regulations affecting the telecommunications and Internet industries. Additional information concerning these and other risk factors is contained in the "Factors That May Affect Future Results" section of Brooktrout, Inc.'s Annual Report on Form 10-K for the year ended December 31, 2003 filed with the Securities and Exchange Commission on March 9, 2004. In addition, any forward-looking statements represent estimates only as of today and should not be relied upon as representing estimates as of any subsequent date. While Brooktrout may elect to update forward-looking statements at some point in the future, Brooktrout specifically disclaims any obligation to do so, even if estimates change.

AudioCodes, AC, Ardito, AudioCoded, NetCoder, TrunkPack, VoicePacketizer, MediaPack, Stretto, Mediant, VoIPerfect and IPmedia are trademarks or registered trademarks of AudioCodes Limited. Brooktrout and the New Network are trademarks or registered trademarks of Brooktrout, Inc.

All other trademarks are the property of their respective owners.