Press Releases

Jun 29, 2010

AudioCodes Announces Appointment of New Chief Financial Officer

Lod, Israel – June 29, 2010 – AudioCodes (NasdaqGS: AUDC), a leading provider of Voice over IP (VoIP) technologies and Voice Network products, today announced that it has appointed Guy Avidan as its new Vice President of Finance and Chief Financial Officer (“CFO”) effective July 1, 2010.

Prior to joining AudioCodes, Mr Avidan served for 15 years in various managerial positions at MRV Communications Inc. Most recently, Mr Avidan served as Co‚ÄźPresident of MRV Communications. Prior to that, he served as CFO of MRV Communications between 2007 and 2009. He also served as Vice President and General Manager of MRV International from September 2001 to July 2007. Prior to joining MRV Communications, Mr Avidan served as Vice President of Finance and Chief Financial Officer of Ace North Hills from 1992 to 1995. Mr Avidan is a CPA in Israel and holds a B.A. degree in Economics and Accounting from Haifa University.

“I am thrilled by the opportunity of joining AudioCodes, which is an established leader in its field and a successful company with a sound track record,” said Guy Avidan, AudioCodes’ new Chief Financial Officer. “I am looking forward to contributing the knowledge and perspective I have gained from my experience in the networking industry to help AudioCodes develop further,” he added.

“Guy is joining us at a time of expanding our operations and greater diversification in our business. I am confident that his diverse managerial and professional experience will serve us well in our plans for growth and expansion,” said Shabtai Adlersberg, Chairman, President and Chief Executive Officer. “I would like to wish Guy much success in his new role and am looking forward to him joining our team,” he added.