Ditech Networks Inc (NASDAQ:DITC) to Hold Q4 2008 Earnings May 22

Ditech Networks Inc (NASDAQ:DITC) will hold a conference call on Thursday, May 22 at 4:30 pm ET to discuss the fourth quarter earnings for 2008.  Interested parties may access the call by dialing 612-332-0923.  The call will also be accessible through the Investors section of the company’s website, ditechnetworks.com.

Ditech Networks, Inc. (Ditech) is a global telecommunications equipment supplier for voice networks. The Company's voice quality products include echo cancellers, which are used to eliminate echo, a problem in existing and emerging voice networks.

During the fiscal year ended April 30, 2004, Ditech introduced a line of voice quality products that incorporate both echo cancellation and a voice quality enhancement technology called voice quality assurance (VQA). VQA addresses various voice quality issues in wireline and wireless networks, including echo, background noise and inconsistent voice levels.

During the fiscal year ended April 30, 2007 (fiscal 2007), the Company’s largest customer, Verizon, a domestic wireless carrier, accounted for 64% of total worldwide revenue. During fiscal 2007, the sales of Ditech’s Broadband Voice Processor Flex (BVP-Flex) accounted for 59%.

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