AudioCodes Ltd. (AudioCodes) designs, develops and markets enabling technologies and system products for the transmission of voice, data, fax and multimedia communications over packet networks, which it refers to as the new voice infrastructure. The Company’s products are sold primarily to original equipment manufacturers (OEMs), system integrators and network equipment providers in the telecommunications and networking industries. AudioCodes has incorporated its algorithms, technologies and systems design expertise in product lines, which can be divided into two main product lines: networking products and technology products.