The Board of Directors and Corporate Officers of Ulticom, Inc., are committed to
sustaining shareholder confidence through the practice of effective Corporate Governance
and accurate financial reporting. This website has been designed to provide shareholders
and the investing public access to the corporate laws and policies which provide
the framework for the proper legal and ethical operation of the Company. The Board
recognizes that corporate governance policies are the subject of ongoing discussions,
as such the Board will continue to review and update company policies accordingly
in order to remain in compliance with any and all updates and revisions to governance
laws and standards of practice.
The Board believes that effective governance practices will inspire confidence in
our management team, our employees and our financial information. These policies
assist and enable the Company to operate with the highest ethical standards. The
Board not only has adopted actions that seek to ensure full compliance with the
listing standards of the NASDAQ Stock Market, currently applicable provisions of
the Sarbanes-Oxley Act of 2002 ("Sarbanes-Oxley") and related rules of
the Securities and Exchange Commission ("SEC"), it also has adopted other
corporate governance actions that go beyond those statutorily required by applicable
law and regulations.
The Board has established five standing committees: (1) an Audit Committee, (2)
a Compensation Committee, (3) a Corporate Governance and Nominating Committee, (4)
an Executive Committee, and (5) a Stock Option Subcommittee. The Board of Directors
has determined that the Audit Committee and the Stock Option Subcommittee are comprised entirely of independent directors.
The Board also adopted a Code of Business Conduct and Ethics to promote its commitment
to the legal and ethical conduct of the Company's business, which can be found on
this website. All employees are required to abide by the Code of Business Conduct
and Ethics, which provides the foundation for compliance with all corporate policies
and procedures, and best business practices. The policies and procedures address
a wide array of professional conduct, including the establishment of sound employment
policies, methods for avoiding and resolving conflicts of interest, safeguarding
intellectual property, protecting confidential information, and a strict adherence
to all laws and regulations applicable to the conduct of the Company's business.
The Code also contains procedures for the Audit Committee to receive, retain and
treat complaints received regarding accounting, internal accounting controls or
auditing matters, and to allow for the confidential and anonymous submission by
employees of concerns regarding questionable accounting or auditing matters.
For more information, please contact ir@ulticom.com
Important Considerations for Investors:
Please note that many of the materials available on Ulticom®'s Investor
Relations web page are dated materials that reflect Ulticom's thoughts at that time.
Ulticom undertakes no obligation to update or revise these materials. For a more
detailed explanation, refer to the Safe Harbor.