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TMCNet:  Sangoma Wins Canadian Technology Stock of the Year (TSXV)

[January 31, 2019]

Sangoma Wins Canadian Technology Stock of the Year (TSXV)

MARKHAM, Ontario, Jan. 31, 2019 /PRNewswire/ -- Sangoma Technologies Corporation (TSX VENTURE: STC), a trusted leader in delivering Unified Communications solutions for SMBs, Enterprises, OEMs, and Service Providers, both on-premises and in the cloud, today announced that it was selected as the Tech Stock of the Year for TSXV companies by Cantech.

The awards recognize excellence and achievement in technology companies as voted on by an unbiased panel of dozens of Canadian technology-stock research analysts and are presented at the Cantech Investment Conference, which is focused on innovation-sector companies listed on the Toronto Stock Exchange and the TSX Venture exchange.

"To be chosen as the TSXV technology company of the year for 2018 from among so many other esteemed nominees is a great honour," said Bill Wignall, President and CEO of Sangoma. "2018 was a very important year for Sangoma, as our ongoing strategy to drive the company forward via a combination of organic growth and prudent acquisitions, has now gotten us to the stage where we will for the first time, hit $100 million in sales this year.  The award highlights our company's continued success, eflects the confidence placed in us by our customers around the globe, and demonstrates the growing recognition Sangoma is receiving from the investment community."

About Sangoma Technologies Corporation

Sangoma Technologies is a trusted leader in value-based Unified Communications (UC) and UC as a Service (UCaaS) solutions for SMBs, enterprises, OEMs, carriers, and service providers. Sangoma's Voice over IP offerings include on-premise and cloud-based phone systems, SIP trunking services, and telephony hardware. Sangoma's products and services are used in leading PBX, IVR, contact center, carrier networks, and data communication applications worldwide. Sangoma is the primary developer and sponsor of the Asterisk project, the world's most widely used open source communications software, and the FreePBX project, the world's most widely used open source PBX software. Businesses can achieve enhanced levels of collaboration, productivity, and ROI with Sangoma. Everything Connects, Connect with Sangoma!

Founded in 1984, Sangoma Technologies Corporation is publicly traded on the TSX Venture Exchange (TSX VENTURE: STC). Additional information on Sangoma can be found by visiting https://www.sangoma.com.

About Cantech
Cantech Investment Conference is Canada's largest technology investment conference, put on by Cambridge International, who also produces some of North America's largest resource conferences and publishes Cantech Letter, an online magazine focusing on Canadian technology companies that has grown into one of the most referenced financial sites in Canada.

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SOURCE Sangoma Technologies Corporation

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