SUNNYVALE, CA, April 17, 2008 - ShoreTel, Inc., (NASDAQ: SHOR), a leading provider of Pure IP Unified Communications solutions, announced today that the San Jose Mercury News has included ShoreTel in the 2007 Silicon Valley 150, ranking the company number 148 with $117.5 million in reported revenue for CY 2007. ShoreTel earned even higher marks for other report metrics, including 126th in market capitalization at $219.8 million, 95th in profit at $8.3 million and 70th in profit margin at 7 percent.
The San Jose Mercury News, recognized as the newspaper of record for the Northern California technology business region, conducts the annual Silicon Valley 150, ranking public companies headquartered in Santa Clara, Santa Cruz, southern San Mateo and southern Alameda Counties. Companies are evaluated on the basis of worldwide revenues for the most recent available four quarters. Market capitalization -- the number of shares outstanding multiplied by the price of a single share -- is as of March 31, the last trading day of the first quarter of 2008.
Throughout 2007, ShoreTel maintained a steady stream of partner, product and customer announcements, including strategic distribution partnerships with AT&T and Black Box.
The company celebrated winning numerous prestigious awards, including Inc. magazine 5000 award, Deloitte Technology Fast 500 in North America and Fast 50 in the San Francisco Bay Area, and Silicon Valley/San Jose Business Journal Fast 50.
The Silicon Valley 150 was published in the April 13, 2008 edition of the San Jose Mercury News.
About ShoreTel, Inc.
ShoreTel, Inc., (NASDAQ: SHOR) is a leading provider of Pure IP Unified Communications solutions. ShoreTel enables companies of any size to seamlessly integrate all communications-voice, video, messaging and data-with their business processes. Independent of device or location, ShoreTel's distributed software architecture eliminates the traditional costs, complexity and reliability issues typically associated with other solutions. ShoreTel continues to deliver the highest levels of customer satisfaction, ease of use and manageability while driving down the overall total cost of ownership. ShoreTel is headquartered in Sunnyvale, California, and has regional offices in the United Kingdom, Sydney, Australia and Munich, Germany. For more information, visit www.shoretel.com or call 1-877-80SHORE.