SAN JOSE, Calif., May 9 /PRNewswire-FirstCall/ -- Sunrise Telecom Incorporated (Pink Sheets: SRTI), announced today that it has postponed its first quarter earnings press release originally scheduled for May 9, 2006, after the close of the market. The company expects to report its first quarter results in approximately one week.
Sunrise Telecom currently anticipates its first quarter sales to come in at or around $16.5 million and estimates its quarter-end backlog at approximately $14.5 million.
About Sunrise Telecom Incorporated
Sunrise Telecom develops and manufactures communications test and measurement solutions that enable service providers to deliver high-quality voice, video, data and next-generation digital multimedia services quickly, reliably, and cost-effectively, thus improving their customers' overall satisfaction. The company offers a robust portfolio of feature-rich, easy-to- use products that pre-qualify, verify, and diagnose telecommunications, cable TV, and Internet networks from a variety of access points including wireline, DSL, optical fiber, coaxial cable, and signaling networks. Based in San Jose, California, Sunrise Telecom distributes its products through a direct sales force and a network of sales representatives and distributors throughout Asia, Europe, the Middle East, Africa, North America, and Latin America. For more information, visit http://www.sunrisetelecom.com/.
NOTE: Sunrise Telecom is a registered trademark of Sunrise Telecom Incorporated.
Forward-Looking Statements
This press release contains forward-looking statements, including sales and backlog expectations for the first quarter of 2006, within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made pursuant to safe harbor provisions and are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Specific factors that may cause results to differ include the following: unanticipated delays in product delivery schedules; deferred or lost sales resulting from order cancellations or order changes; deferred or lost sales resulting from Sunrise Telecom's lengthy sales cycle; unanticipated difficulties associated with international operations; increased management attention and increased costs associated with securities regulation compliance; the unknown effects of management changes; the loss of key personnel; and the impact of an ongoing special investigation. Some of these risks and uncertainties are described in more detail in Sunrise Telecom's reports filed with the Securities and Exchange Commission, including, but not limited to, its Form 10-K for the year ended December 31, 2004 and its Forms 10-Q for the quarters ended March 31 and June 30, 2005. Sunrise Telecom assumes no obligation to update the forward-looking statements included in this press release.
