Provides Second Quarter Update

LOD, Israel, July 11, 2012 (GLOBE NEWSWIRE) -- AudioCodes
(Nasdaq:AUDC), a leading provider of Voice over IP (VoIP) technologies,
products and services, today announced a plan to restructure its
operations in order to better align the Company resources and assets to
its core networking and enterprise telephony businesses.

The restructuring plan is expected to generate estimated annualized
savings of approximately 10% of the Company operating expenses and to
be implemented over the next six to nine months. The Company expects
the restructuring to support a return to profitability and to focus
investments in innovations around its key strategic initiatives in the
unified communications and enterprise telephony markets.

"We are in the process of conducting a full global review of our
operations to reduce annual operation expenses, simplify the
organization and refine future investments. We will provide additional
details during our quarterly conference call," commented Shabtai
Adlersberg, Chairman, President and Chief Executive Officer of
AudioCodes.

Based on preliminary second quarter estimates, which are subject to
changes, the Company expects that total revenues for the second quarter
to be approximately $31 million and diluted loss per share not to
exceed $0.04, on a Non GAAP basis.

About AudioCodes

AudioCodes Ltd. (Nasdaq:AUDC) designs, develops and sells advanced
Voice over IP (VoIP) and converged VoIP and Data networking products
and applications to Service Providers and Enterprises. AudioCodes is a
VoIP technology market leader focused on converged VoIP and data
communications and its products are deployed globally in Broadband,
Mobile, Enterprise networks and Cable. The Company provides a range of
innovative, cost-effective products including Media Gateways,
Multi-Service Business Gateways, Session Border Controllers (SBC),
Residential Gateways, IP Phones, Media Servers and Value Added
Applications. AudioCodes' underlying technology, VoIPerfectHD(TM),
relies on AudioCodes' leadership in DSP, voice coding and voice
processing technologies. AudioCodes' High Definition (HD) VoIP
technologies and products provide enhanced intelligibility and a better
end user communication experience in Voice communications. For more
information on AudioCodes, visit http://www.audiocodes.com.

Statements concerning AudioCodes' business outlook or future economic
performance; product introductions and plans and objectives related
thereto; and statements concerning assumptions made or expectations as
to any future events, conditions, performance or other matters, are
"forward-looking statements'' as that term is defined under U.S.
Federal securities laws. Forward-looking statements are subject to
various risks, uncertainties and other factors that could cause actual
results to differ materially from those stated in such statements.
These risks, uncertainties and factors include, but are not limited to:
the effect of global economic conditions in general and conditions in
AudioCodes' industry and target markets in particular; shifts in supply
and demand; market acceptance of new products and the demand for
existing products; the impact of competitive products and pricing on
AudioCodes' and its customers' products and markets; timely product and
technology development, upgrades and the ability to manage changes in
market conditions as needed; possible disruptions from acquisitions;
the ability of AudioCodes to successfully integrate the products and
operations of acquired companies into AudioCodes' business; and other
factors detailed in AudioCodes' filings with the U.S. Securities and
Exchange Commission. AudioCodes assumes no obligation to update the
information in this release.

(C)2012 AudioCodes Ltd. All rights reserved. AudioCodes, AC, HD VoIP,
HD VoIP Sounds Better, IPmedia, Mediant, MediaPack, OSN, SmartTAP,
VMAS, VoIPerfect, VoIPerfectHD, Your Gateway To VoIP and 3GX are
trademarks or registered trademarks of AudioCodes Limited. All other
products or trademarks are property of their respective owners. Product
specifications are subject to change without notice.


CONTACT: Company Contacts
         Guy Avidan,
         VP Finance & CFO
         AudioCodes
         Tel: +972-3-976-4000
         guy.avidan@audiocodes.com
         
         Shirley Nakar,
         Director, Investor Relations
         AudioCodes
         Tel: +972-3-976-4000
         shirley@audiocodes.com
         
         IR Agency Contact
         Erik Knettel,
         Grayling
         Tel: +1-646-284-9415
         erik.knettel@grayling.com