TEWKSBURY, Mass. - (Business Wire) Starent Networks, a leading provider of infrastructure solutions that enable mobile operators to deliver broadband multimedia services, announced today it has been named one of the Top Places to Work in Massachusetts in the second annual employee-based survey project from The Boston Globe. The Globe 100’s Top Places to Work ’09 magazine was published in the Sunday Globe on Nov. 8. Online, the report can be found at www.boston.com/topworkplaces. Produced by the same team that compiles the 22-year-old Globe 100 report of the best-performing public companies in Massachusetts, in which Starent Networks ranked fourth on the overall list in 2009, the Top Places to Work recognizes the most progressive companies in the state based on employee opinions about company leadership, compensation and training, diversity/inclusion, career development, family-friendly flexibility, and values and ethics. Private companies and nonprofits as well as publicly-held businesses were included in the analysis.
The rankings in the Globe 100’s Top Places to Work are based on survey information collected by Workplace Dynamics, an independent company specializing in employee engagement and retention, from 86,000 employees at 269 Massachusetts organizations. This marks the second year that a Globe 100 report has honored private as well as publicly-held organizations.
Starent Networks was ranked 25 on the overall list. Starent also was listed as number nine on the mid-sized companies list.
“Our ranking in The Globe 100 is based on confidential employee surveys and therefore directly reflects the opinions of Starent’s team,” said Ashraf Dahod, president and chief executive officer of Starent Networks. “We are honored to be so highly regarded by our employees. We continue to strive to create a dynamic culture and opportunities for our entire team.”
The publisher of The Boston Globe Steve Ainsley stated, “The companies included in the Globe 100’s Top Places to Work have succeeded in creating a positive workplace for their employees in the midst of the uncertainties of the general economy. I congratulate each of them for an outstanding accomplishment.”
Starent Networks was founded in August 2000 with a mission to design best of breed solutions that enable broadband networking for mobile operators. Its solutions are deployed in many of the world’s most prestigious operator networks, allowing subscribers to access a variety of multimedia services such as messaging, streaming video, audio downloads and Internet access.
To qualify for the Globe 100’s Top Places to Work, a company must have more than 100 employees in Massachusetts. Nearly 1,000 qualified companies accepted an invitation to participate. Rankings were composite scores calculated purely on the basis of employee responses.
About Starent Networks
Starent Networks, Corp. is a leading provider of infrastructure solutions that enable mobile operators to deliver multimedia services to their subscribers. Starent Networks has created solutions that provide mobile operators with the functions and services needed for access, mobility management and call control in their networks. Through integrated intelligence and high performance capabilities, Starent Networks’ solutions also enhance subscriber management, billing and session policy enforcement. The company’s products are capable of supporting a wide range of mobile wireless networks, such as CDMA2000, UMTS/HSPA, LTE, WiFi, and WiMAX. Starent Networks’ products have been deployed by over 100 mobile operators in 45 countries. Additional information about Starent Networks is available at www.starentnetworks.com.
Starent Networks’ Safe Harbor Statement
Any statements in this press release about future expectations, plans and prospects for Starent Networks, including statements about expectations related to the company's multimedia core platform solutions and in-line services, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. These statements contain the words "believes," "anticipates," "plans," "expects," "will" and similar expressions. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the inability to predict the future success or market acceptance of Starent Networks’ multimedia core platform solutions, the highly competitive and rapidly evolving market in which Starent Networks’ competes, Starent Networks’ limited operating history, the fluctuation of its past operating results, its reliance on a limited number of customers for a significant portion of its revenues and its reliance on a single line of products and other factors discussed in the "Risk Factors" section of Starent Networks’ Annual Report on Form 10-K for the year ended December 31, 2008, and other documents we periodically file with the Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent Starent Networks’ views as of the date of this press release. Starent Networks anticipates that subsequent events and developments will cause its views to change. However, while Starent Networks may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Starent Networks’ views as of any date subsequent to the date of this press release.
Starent® and the Starent Networks logo are either registered trademarks or trademarks of Starent Networks, Corp. in the United States and/or other countries. The names of other companies and products mentioned in this release may be the trademarks of their respective owners.
Starent Networks Corporation
Jennifer Buchhalter, +1-978-863-3749
jbuchhalter@starentnetworks.com
or
Bock Communications Inc.
Amy Farrell, +1-617-412-5175
starent@bockpr.com
