For investor information contact:
Leigh Salvo, Investor Relations
(650) 314-1000
ir@catapult.com
CATAPULT COMMUNICATIONS PROVIDES UPDATE
TO FORECAST FOR THIRD FISCAL QUARTER ENDING JUNE 30, 2007
Mountain View, CA--May 21, 2007--Catapult Communications Corporation (Nasdaq: CATT) today provided an update to the forecast that it previously provided for its third fiscal quarter ending June 30, 2007.
“Based on current input from our sales force, it appears that order input for the third fiscal quarter is likely to be in line with our earlier expectations,” commented Dr. Richard A. Karp, Catapult’s Chairman and CEO. “However, due to changes in the expected order mix, it now appears that fewer of the expected orders will result in revenue in the current quarter than we had anticipated at the time the forecast was provided. As a result, I now believe that revenues for the quarter will fall short of that forecast and our net loss per share will be greater,” he concluded.
About Catapult Communications
Catapult Communications is a leading supplier of advanced digital telecom test systems to global equipment manufacturers and service providers, including Ericsson, Alcatel-Lucent, Motorola, NEC, NTT DoCoMo, Nortel and Nokia Siemens Networks. The Catapult DCT2000® and MGTS® systems deliver superior high-end test solutions for hundreds of protocols and variants - spanning IMS, WiMAX, mobile telephony, VoIP, GPRS, SS7, Intelligent Network, ATM and ISDN. The Company is committed to providing testing tools that are at the forefront of the telecom technology curve.
Catapult is headquartered at 160 South Whisman Road, Mountain View, CA 94041. Tel: 650-960-1025. International offices are located in the U.K., Germany, France, Finland, Sweden, Canada, Japan, China, Australia, India and the Philippines. Information about Catapult Communications can be found on the Web at www.catapult.com.
Forward Looking Statements
The statements in this press release regarding the Company’s expected order input, revenue and net loss per share levels are forward-looking statements. These statements are subject to various risks and uncertainties that could cause actual results to differ from those forecasted. Such risks include the Company’s dependence on a limited number of customers and the resulting effect of delays or cancellations by such customers of their orders, and inability by the Company to meet its production and/or product development schedules. For other factors that may cause actual results to differ from those projected, please refer to the Company’s Form 10-K, Forms 10-Q and other filings with the Securities and Exchange Commission .
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