Audiocodes Ltd. — Regulatory Filings 2004

Mar 17, 2004

AudioCodes

ANNIVERSARY

NEWS RELEASE

Contacts

Shirley Nakar

AudioCodes

Tel: +972-3-976-4072

shirley.nakar@audiocodes.com

Kristy Needham

Alan Weinkrantz And Company

Tel: +1-210-861-9875

kristyn@weinkrantz.com

AudioCodes Announces Industry Breakthrough in 8 E1/T1 Trunks IPM-260 PCI VoIP Media Processing Board

Field Proven IPM-260 Board Now Offers Developers a Wide Density Range for Media Processing and Enterprise Applications in PCI Platforms

Lod, Israel – March 17, 2004 – AudioCodes (NASDAQ: AUDC), a leading provider of Voice over Packet (VoP) technologies and Voice Network products, today announced the availability of the 8 E1/T1 trunks version of its widely deployed IPM-260 PCI VoIP media processing board.

The IPM-260 offers developers increased capabilities for creating PCI-based platforms for enhanced voice services and enterprise applications. Offered in a variety of densities from 1, 2, 4 and now 8 E1/T1s on a single PCI slot, the IPM-260 is an excellent building block for a diverse range of VoIP gateways, IP-enabled contact centers, media servers, conferencing servers, PSTN and IP IVR solutions and Color Ring Back Tone Applications.

"This innovative media processing board meets the demands of OEMs who seek increased channel density and enhanced voice services on a PCI platform," said Mony Bulocinic, Director of Product Marketing for the Board Product Line at AudioCodes. "As this new IPM-260 offers enhanced performance and double the existing channel density of similar products in the market, it enables developers to maintain the same configuration, infrastructure and size for systems with increased capacities."

IPM-260 - 8 E1/T1s

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Selected features of this new IPM-260 include:

• Supports 8 E1/T1s and 240 media processing channels on a single slot.
• 240 conferencing resource capabilities (IP/TDM) – up to 64 participants per single conference.
• Feature-rich enhanced voice services such as Record and Playback, Voice Detectors and Energy Detectors.
• Supports Windows NT/2000/XP/2003, Linux and Solaris OS.

The 8 span E1/T1 IPM-260 is currently available to AudioCodes customers for beta testing and is scheduled for general availability in the second quarter of 2004.

AudioCodes will be exhibiting at CeBIT in Hannover, Germany from March 18th through March 24th in Hall 13, Booth #33. Media gateway products to be displayed will include AudioCodes’ IPM-260, TP-6310, Mediant 5000, Mediant 2000, MP-124 and MP-104.

Additional IPM-260 Features

The IPM-260 features include support for PSTN protocols such as ISDN PRI and multiple CAS variants, SIGTRAN (M3UA, M2UA, IUA), VoIP streaming, voice recording and playback, various voice coders including G.711, G.723.1, G.729 and many more, G.168 2002 echo cancellation, real-time fax over IP/T.38, wide selection of in-band/out-band tone detection and generation, answer detection; energy detection. The board is controlled via industry standard network control protocols including MGCP (RFC 2705), MEGACO (H.248), SIP and AudioCodes’ proprietary API.

IPM-260 - 8 E1/T1s

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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.

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 are trademarks or registered trademarks of AudioCodes Limited. All other products or trademarks are property of their respective owners.

IPM-260 - 8 E1/T1s