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Tekelec: 2009 NCTA 21 Public Company of the Year

Carolina Headlines - IT

RALEIGH – Tekelec, the network signaling, mobile messaging, and performance management company, won Public Company of the Year at the 2009 NCTA 21 Awards, presented at the annual North Carolina Technology Association awards gala in conjunction with title sponsor Grant Thornton.

This recognition follows Tekelec last month being named to the prestigious Forbes ranking of America's 200 Best Small Companies for the second consecutive year. Both honors were based on Tekelec's financial performance, such as stock price, profit, return on equity, sustained growth, and solid operating results. Other finalists in Public Company of the Year category were Cornerstone Therapeutics, Credit Suisse, and Red Hat.

"We are always honored to be recognized for delivering shareholder value, and it is especially rewarding in today's economy," said Frank Plastina, Tekelec's president and chief executive officer. "We are proud to support NCTA's mission to promote technology throughout the state and beyond with other market-leading companies."

Though the telecommunications sector has suffered from the economic downturn, Tekelec had record full-year revenues in 2008, and has achieved a year-to-date revenue increase in 2009. The growth is due to operators' needs to cost-effectively support and monitor the increasing use of global communications, such as the mobile Internet and text messages. Tekelec enables communications for more than one billion mobile, Internet, and land-line subscribers in more than 100 countries.

The NCTA 21 Awards are recognized as the state's most prestigious technology awards, celebrating innovation and excellence in North Carolina. This annual showcase honors companies and individuals in 21 categories who represent the best and brightest in technology and business across North Carolina.

About Tekelec

Tekelec, a global leader in core multimedia session control, mobile messaging, and network intelligence, ensures scalable, secure, and highly available communications. The company's market-leading signaling solutions enable the interworking of different network applications, technologies, and protocols, providing a smooth transition to next-generation networks. Tekelec has more than 20 offices around the world serving customers in more than 100 countries, with corporate headquarters located near Research Triangle Park in Morrisville, NC, USA. For more information, please visit www.tekelec.com

About NCTA

The North Carolina Technology Association's mission is "Making North Carolina #1 in Technology and Technology #1 in North Carolina." The organization does this through three main focus areas: executive engagement, public affairs, and knowledge workforce. For more information, visit our Web site at www.nctechnology.org.

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