Audiocodes Ltd., designs, develops and sells products and services for voice and data over packet networks. The Company’s products provide the media gateway and SBC element in the network, and voice over Internet protocol, end-points. The Company’s products facilitate the transmission of voice, data and fax over packet networks. The Company has incorporated its algorithms, technologies and systems design expertise in both its networking and technology product lines. The Company provides products and services through two main business lines: network and technology. Network products consist of customer premises equipment, gateways for the enterprise and service provider markets and of carrier-grade-oriented low- and mid-density media gateways for service providers and ESBCs. Technology products consist of the Company’s chips and board’s business products which are sold to original equipment manufacturers, or OEMs, through distribution channels.