New York –M5 Networks, the market leader in delivering phone system functionality as a service, today announced that they will be one of the sponsors for the Workshop in Business Opportunities (WIBO) 42nd Anniversary Celebration on May 14th 2008. WIBO is a non-profit organization whose mission is to enable small business owners and budding entrepreneurs in under-served communities to obtain financial success in starting, operating, and building successful businesses that develop economic power, provide jobs and improve communities. Founded in 1966, this year's 42nd Anniversary Celebration will commemorate the accomplishments and contributions of NYC entrepreneurs and local business leaders. M5 president & CEO, Dan Hoffman, is a WIBO board member and an avid supporter of the organization. Hoffman was particularly impressed with WIBO’s focus on supporting entrepreneurial efforts through education, as he often shares his own experiences as an entrepreneur with those who are looking to follow in his footsteps. In addition to his involvement with WIBO, Hoffman has served as a panelist at the 2005 Wharton Entrepreneurship Conference ('Under 40 Success Stories') and has spoken to the Wharton Club of New York ('Start-up Entrepreneurship – Alive and Thriving in NYC'). “As WIBO celebrates 42 years of service to entrepreneurs, I feel fortunate to have Dan Hoffman of M5 as a WIBO board member,” said Amini Kajunju, Executive Director of WIBO. “Dan exemplifies the kind of entrepreneur that WIBO strives to develop.” "I believe deeply that business skills can be learned,” said Dan Hoffman, CEO of M5 Networks. “In fact, companies that learn fastest win. This principle has been core to my career and core to M5. It is popular to give money to entrepreneurs, but rare to give them knowledge. WIBO touches thousands of lives, improving businesses, supporting families, uplifting communities..." About WIBO
Founded in 1966 in Harlem, the Workshop in Business Opportunities (WIBO) is a private non-profit organization that is committed to assisting men and women with the drive to become successful entrepreneurs. Our mission is to enable small business owners and budding entrepreneurs from underserved communities to obtain financial success by starting, operating and building successful businesses that develop economic power, provide jobs and improve communities. WIBO offers a myriad of services, including our flagship 16-week workshop, “How to Build a Growing Profitable Business. This workshop is offered twice per year in New York City’s underserved neighborhood of South Bronx, Harlem, Washington Heights, Queens, Brooklyn, and Yonkers. Other important services include personalized business coaching, legal and accounting clinics, seminars, networking events and other business support services. WIBO serves approximately 500 entrepreneurs annually. Please visit our website www.wibo.org.

About M5 Networks
M5 Networks is the pioneer of "Voice as a Service," a breakthrough solution for business phone communications. Industry experts predict that in ten years no business will have a phone system. Instead, they will require phone system capabilities as an on-demand, managed service over an IP network optimized for voice – in other words, Voice as a Service. Today M5 serves a rapidly growing base of mid-sized businesses. Its solution is distinguished by the rich capabilities and unmatched service that one would expect from an industry leader. M5‘s Voice as a Service (VaaS) includes three major components: Active Service Management, or proactive, transparent service from deployment through ongoing management and maintenance; Embedded Continuity, or “baked-in” business continuity that goes far beyond simple redundancy; and On-Demand Solutions, which provide actionable business breakthroughs for marketing, call center, staffing and client service functions. M5 Networks has received considerable recognition and was named to the 2006 Inc. 500 (#272) and the 2007 Deloitte’s Technology Fast 50. M5 was recognized by CRN as one of the top 15 Key VoIP Players in 2007. Internet Telephony magazine named M5 Networks an Excellence Award Winner of 2007 for their Call Center solution and awarded 2007 Product of the Year recognition to M5’s Sales Engine. M5 has also been included on the Pulver 100 list for six consecutive years in addition to receiving numerous other accolades. To learn more about M5, please visit http://www.m5net.com.

For more information contact:
Anne Ward
M5 Networks
646.747.1634
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it