AudioCodes Sets Earnings Release Date For Second Quarter 2002 Financial Results

7/8/2002 - AudioCodes Ltd. (Nasdaq: AUDC), a leading provider of Voice over Packet (VOP) technologies, will release financial results for the second quarter of fiscal year 2002, ended June 30, 2002, on Wednesday, July 24th, 2002 at 8:00 A.M. Eastern Daylight Time. AudioCodes' quarterly earnings will be released over the news wires, and will also be posted on the corporate web site.

AudioCodes will conduct a conference call to discuss the second quarter results, which will be simultaneously web cast at 9:00 A.M. Eastern Daylight Time. The call will feature Shabtai Adlersberg, AudioCodes Chairman, President and CEO and Mike Lilo, AudioCodes COO and CFO.

Investors are invited to listen to the call live via web cast at the AudioCodes corporate web site at Please go to the site at least 15 minutes early to register, download, and install any necessary audio software. A replay of the call will be available on the web site two hours after the conference call is completed.

About AudioCodes
Founded in 1993, AudioCodes Ltd. (NASDAQ: AUDC) enables the new voice infrastructure by providing network equipment providers and system integrators with innovative, reliable and cost-effective voice over packet media gateway and media processing technology and systems solutions. The company is a market leader in voice compression technology and the key originator of the ITU G.723.1 standard for the emerging Voice over IP market. AudioCodes' has built on its market leading core technology expertise to develop enabling technology products and a carrier-grade product line that continues to facilitate the evolving demands of the new wireline, wireless and cable communications infrastructure. AudioCodes products include its highly flexible, scalable, and leading edge media gateway systems, VoIP communication boards, VoIP media gateway modules, VoP chip processors, and analog media gateways for access and enterprise solutions. Its customers include the leading global telecom and datacom network equipment providers. AudioCodes' international headquarters and R&D facilities are located in Israel, with U.S. headquarters in San Jose, California.

For more information on AudioCodes, visit or call +1 (408) 577-4088

Statements concerning AudioCodes' business outlook or future economic performance; product introductions and plans and objectives related thereto; and statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters, are "forward-looking statements'' as that term is defined under U.S. Federal securities laws. Forward-looking statements are subject to various risks, uncertainties and other factors that could cause actual results to differ materially from those stated in such statements. These risks, uncertainties and factors include, but are not limited to: the effect of global economic conditions in general and conditions in AudioCodes' industry and target markets in particular; shifts in supply and demand; market acceptance of new products and continuing products' demand; the impact of competitive products and pricing on AudioCodes' and its customers' products and markets; timely product and technology development/upgrades and the ability to manage changes in market conditions as needed; and other factors detailed in AudioCodes' filings with the Securities and Exchange Commission. AudioCodes assumes no obligation to update the information in this release.

AudioCodes, AC, AudioCoded, NetCoder, TrunkPack, VoicePacketizer, MediaPack, Stretto, Mediant and IPmedia are trademarks or registered trademarks of AudioCodes Limited. All other products or trademarks are property of their respective owners.

IR Agency Contacts: Company Contacts:
Thomson Financial Corporate Group
Erik Knettel or Steven Silver
(212) 807-5057 or (212) 807-5109 OR

Mike Lilo
Tel: 972 (3) 539-4000

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