SUNNYVALE, CA, December 5, 2007 - ShoreTel, Inc., (NASDAQ: SHOR), a leading provider of Pure IP Unified Communications solutions, today announced it has been named to the Deloitte Technology Fast 500, a ranking of the fastest growing technology, media, telecommunications and life sciences companies in North America based on fiscal year revenue growth over a five-year period from 2002 through 2006. ShoreTel revenues grew from just over $7 million in 2002 to more than $61 million in 2006, an increase of 759 percent. The company was ranked 216 out of 500 companies.
"ShoreTel is delivering on the promise of unified communications for the enterprise," said Steve Timmerman, vice president of marketing at ShoreTel. "Our phenomenal growth is the direct result of great products, top-notch channel partners, and an absolute dedication to customer satisfaction."
Two recent announcements demonstrate ShoreTel's continuing momentum. The company announced ShoreTel 7.5, which extends unified communications capabilities to mobile phones and increases support for international locations. The new release features increased capacity for ShoreTel's voice switches and two new telephones, a high-contrast color display telephone and an enhanced entry-level speakerphone. ShoreTel also announced an agreement with Syntellect Inc. to offer Syntellect's award-winning contact center solution to ShoreTel resellers globally. The agreement marks a key strategic move into the high-end contact center market and is a response to the needs of ShoreTel's growing list of large enterprise customers. In deployment after deployment, ShoreTel has provided enterprises and government agencies a very dependable, easy-to-manage, easy-to-use, unified communications solution.
About ShoreTel, Inc.
ShoreTel is a leading provider of Pure IP unified communications systems. ShoreTel voice systems provide customers with a number of key benefits, including ease of use, manageability and lower total cost of ownership than alternative solutions. ShoreTel's distributed software architecture and switched-based hardware platform extend enterprise-class voice services to every office and outpost, keeping employees fully connected wherever they go. Founded in 1996, ShoreTel has achieved broad industry recognition for its technology and high customer satisfaction. For the last four years, IT executives surveyed by Nemertes Research, an independent research firm, have rated ShoreTel highest in customer satisfaction among leading enterprise telecommunications systems providers. A select, worldwide group of channel partners provide service and support. ShoreTel is headquartered in Sunnyvale, California, and has regional offices in the United Kingdom, Sydney, Australia and Munich, Germany. For more information, visit http://www.shoretel.com/ or call 1-877-80SHORE.