A sad ending to what had been a success for UK and India - Project Manager Subex Employee Review

Thank you for your comments on the Subex products and the friendly atmosphere. That is great to hear. Your comments about the finances of the company do not seem to fully take into account the success of the company in refinancing its bond (FCCB) financing in 2012. As mentioned in the company’s press release of July 9, 2012 (available on the Subex website), the newly issued bonds are mandatorily converted into equity shares at their maturity date. Thus, the financial position of the company, with respect to debt issues, is changed and improved. Subex current success allows it to appropriately invest in its people and products and we look forward to continuing to do so.