Tollgrade Announces Corporate Headquarters Move
February 25 2011 - 10:30AM
Tollgrade Communications (Nasdaq:TLGD) today announced the
relocation of its corporate headquarters to Cranberry Township,
Pennsylvania from Cheswick, Pennsylvania, effective February 28,
2011.
Tollgrade will occupy 24,500-square feet at 3120 Unionville
Road, Suite 400, Cranberry Township, PA 16066. The new location
will provide Tollgrade's employees with proximity to transportation
hubs and Cranberry's thriving local business community. This
move comes after careful study and review of the company's future
operating needs in light of its growth prospects.
"Tollgrade has been in the Cheswick location since 1992, and we
have enjoyed a rewarding history of growth and success from our
long-standing Cheswick headquarters," said Ed Kennedy, Tollgrade
President and CEO. "The move to Cranberry Township will provide the
consolidation needed to support more effective workflow to power
Tollgrade's growth and expansion efforts." Since its founding,
Tollgrade has grown to be a leading provider of network assurance
solutions for the telecommunications and utilities industries. With
over 20 years of experience in network assurance, Tollgrade
operates globally with U.S. offices near Pittsburgh, Pennsylvania
and in Piscataway, New Jersey and European offices in Germany and
the United Kingdom.
About Tollgrade
Tollgrade Communications, Inc. (Nasdaq:TLGD) is a
leading provider of network assurance solutions for the
telecommunications and utilities industries. Our real-time Smart
Grid Monitoring solutions allow utility customers to continuously
detect key circuit parameters, and communicate mission critical
data wirelessly to a central location to provide Continuous Grid
Intelligenceā¢. Tollgrade telecommunication products and
solutions enable communication service providers to efficiently
manage their access networks in an age of increased competition,
continually evolving technology, and ongoing pressure to reduce
costs. Installed in more than 70 of the world's telecommunications
operators, Tollgrade systems test over 250 million subscriber lines
worldwide. For more information, visit Tollgrade online at
www.tollgrade.com.
The Tollgrade Communications, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7127
CONTACT: Greg Nulty, Corporate Communications
Office: 724-720-1465
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