SUNNYVALE, Calif., Nov. 29 /PRNewswire-FirstCall/ -- ShoreTel(R), Inc. , a leading provider of IP telecommunications systems, announced today that it filed an application with the Securities and Exchange Commission (SEC) to withdraw its Registration Statement on Form S-1, Registration No. 333-147486, initially filed with the SEC on November 19, 2007.
The Company requested to withdraw its Registration Statement due to the unwillingness of the selling stockholder to sell shares under the current capital market conditions.
About ShoreTel, Inc.
ShoreTel Inc., is a leading provider of IP telecommunications systems. ShoreTel enables companies of any size to seamlessly integrate all communications-voice, data, messaging-with their business processes. Independent of device or location, ShoreTel's distributed software architecture eliminates the traditional costs, complexity and reliability issues typically associated with other solutions. ShoreTel continues to deliver the highest levels of custom satisfaction, ease of use and manageability while driving down the overall total cost of ownership. ShoreTel is headquartered in Sunnyvale, California, and has regional offices in the United Kingdom, Sydney, Australia and Munich, Germany. For more information, visit http://www.shoretel.com/ or call 1-877-80SHORE.
Investor Contact:
Tonya Chin
ShoreTel, Inc.
408-962-2573