Aztek’s solutions maintain telephone service to area prone to natural disasters

August 31, 2009, Boulder, CO- - Aztek Networks today announced it has raised $13.9 million in financing and added two new members to its board of directors.  The financing came from three new investors and the Company’s current group of investors. The new investors are UV Partners of Salt Lake City, Kinetic Ventures of Washington D.C./Atlanta and Access Venture Partners of Westminster, Colorado. The two new directors are Carl Ledbetter, PhD., of UV Partners and Willie Heflin of Kinetic Ventures.

“Our customers are seeking to transform their networks from TDM voice to VoIP in order to provide new capabilities to their customers,” said Steven Bruny, CEO of Aztek Networks. “Simultaneously, they are also focused on reducing their operating expenses by removing Class 5 switches from their network which allows for substantial savings in power, maintenance and real estate related costs. Our solution is specifically targeted at lowering the operating cost of the voice network while maintaining high reliability as carriers worldwide look to provide enhanced voice services to their residential and business customers.”

“Aztek’s solutions are addressing two important carrier needs: transformation of their networks and cost reductions,” said Carl Ledbetter, PhD., partner at UV Partners and new Aztek board member. “Incumbent telecommunication carriers must transform their voice network from the traditional TDM architecture to remain competitive from a feature and cost structure standpoint. Aztek Networks has innovative technology that allows carriers to fund this transformation through straight-forward cost reductions such as 90% power savings.”