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Vonage's DSP Participants Obligated to Pay for SharesHOLMDEL, N.J., May 31 /PRNewswire-FirstCall/ -- Vonage issued the following statement to clarify the company's position as previously represented in various media outlets. Pursuant to the terms and conditions of our Customer Directed Share Program, if a customer was allocated shares in the Customer Directed Share Program, that customer is obligated to purchase their share allocation from the underwriters. To be clear, we have not offered and are not offering to repurchase any of the shares of common stock from our customers. For further information on our Customer Directed Share Program, including our obligations to our underwriters to cover certain of their losses, please see our prospectus. You may obtain a copy of the final prospectus from Shareholder.com, Re: Vonage Prospectus, 8 Clock Tower Place, Suite 100, Maynard, MA 01754. Vonage is a pioneer in the Internet telephony industry. The award winning Vonage(R) service is sold on the web and through national retailers. For more information about Vonage's products and services please visit http://www.vonage.com/. Vonage Holdings Corp. is headquartered in Holmdel, New Jersey. vg-f Vonage CONTACT: Mitchell Slepian, +1-732-528-2677, [email protected],of Vonage Web site: http://www.vonage.com/ |