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Glancy Prongay & Murray Commences Investigation on Behalf of Ooma, Inc. Investors

OOMA

Glancy Prongay & Murray LLP (“GPM”) is investigating potential claims on behalf of investors of Ooma, Inc. (“Ooma” or the “Company”) (Nasdaq: OOMA) who purchased securities pursuant to and/or traceable to the Registration Statement and Prospectus issued in connection with Ooma’s July 17, 2015 initial public offering (the “IPO”).

On July 17, 2015, Ooma raised $65 million in its IPO, having priced its stock at $13 per share. Since then Ooma's stock has been trading at approximately half the IPO price and closed on January 27, 2016 at being traded at approximately $7.15 per share, thereby damaging investors who have purchased the Company’s shares.

If you purchased Ooma securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by e-mail please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Glancy Prongay & Murray LLP, Los Angeles
Lesley Portnoy, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com



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