Sangoma announces grant of stock options

About this update from Sangoma Technologies Corporation

[{"type":"text","content":"\n\n\n\nTORONTO, July 15 /CNW/ - Sangoma(R) Technologies Corporation (TSXV: STC),\nthe premium provider of PC-based hardware and software for proprietary and\nopen source networking and telephony solutions, today announced that its board\nof directors approved the issuance of 50,000 stock options on July 15, 2008 to\neach of Serge Forest, Director, and Dominic Lavoie and Frederic Dickey, senior\nofficers of Paraxip Technologies Inc., under the terms of its stock option\nplan. The options were granted at an exercise price of $1.10 (which is the\nclosing price of Sangoma's common shares on the TSX Venture Exchange on\nJuly 14, 2008) and will expire five years from the date of grant. The options\nwill vest on the date that is three years from the date of grant.\n\n\nAbout Sangoma Technologies Corporation\n\n\nSangoma Technologies Corporation is the premium provider of PC-based\nhardware and software for proprietary and open source data and telephony\ntransport solutions. The company develops and manufactures the most scalable\nand reliable voice and Wide Area Network data cards in the industry, including\nthe award-winning Advanced Flexible Telecommunications (AFT) product line.\nFounded in 1984, Sangoma Technologies Corporation is publicly traded on the\nTSX Venture Exchange (TSXV: STC - News). Additional information on Sangoma can\nbe found at: www.sangoma.com.\n\n\nSangoma is a registered trademark of Sangoma Technologies Corporation.\n\n\nThe TSX Venture Exchange does not accept responsibility for the adequacy\n\n\nor accuracy of this release.\n\n\n","length":1623,"tagName":"div"}]

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