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Employees Cutting the Corporate Cord; Personal Mobile Devices Rendering Traditional Business Phone Systems Obsolete

RNG | November 14, 2013

RingCentral, Inc. (NYSE:RNG), a leading provider of cloud business communications solutions, today announced the release of a survey, “Workforce BYOD Rises Dramatically,” conducted by Dimensional Research, which reveals that today’s mobile-savvy workers, especially millennials, are cutting the “corporate cord” and ushering in a new era of business communications.

“Mobility and BYOD are fundamentally changing business communications by allowing employees to communicate about work matters when, where and how they want – even during personal time,” said David Berman, President at RingCentral. “Mobile devices are turning into true business tools and are transforming the workplace as a whole, from shifting traditional business hours to changing how employees interact via voice, video, text and other business applications. We believe that all these changes are making legacy on-premise phone systems obsolete as they do not meet modern business needs.”

Dimensional Research conducted the online survey on behalf of RingCentral in October 2013. The research firm questioned 309 independent sources responsible for purchasing and/or using business phone systems about challenges with current communications systems, bring your own device (BYOD), and other related topics.

Key survey findings include:

Half of respondents use mobile phones even while sitting at their desk, which has a desk phone
88% of employees use their mobile phones for work purposes while on personal time (i.e. lunch, evenings, weekends, vacations)
70% of respondents believe office phones will eventually be replaced by mobile
Millennials are more likely to think mobile phones will replace desk phones

To access a full copy of “Workforce BYOD Rises Dramatically,” survey report, visit here. You can also download a high-res copy of the infographic by visiting here.

About RingCentral

RingCentral, Inc. (NYSE:RNG) is a leading provider of cloud business communications solutions. Easier to manage and more flexible than on-premise communications systems, RingCentral’s cloud solution meets the needs of modern distributed and mobile workforces, while eliminating the expense of on-premise hardware and software. RingCentral is headquartered in San Mateo, California.

Forward-Looking Statements

This press release contains forward-looking statements, including statements related to the changes in business communications being caused by mobility and BYOD and the anticipated obsolescence of legacy on-premise phone systems. These forward-looking statements involve risks and uncertainties, as well as assumptions which, if they do not fully materialize or prove incorrect, could cause actual events to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that could cause events to differ materially from those expressed or implied by such forward-looking statements include: market acceptance of cloud business phone systems; rapidly evolving technological developments, customer requirements and industry standards; competitive conditions; and general market, political, economic, and business conditions; as well as those risks and uncertainties described in RingCentral’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2013, filed with the SEC, and in other filings RingCentral makes with the SEC from time to time. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and RingCentral does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.