Investor Relations

Casa Systems Currently Sees No Impact from COVID-19 on Operations

Casa Systems Currently Sees No Impact from COVID-19 on Operations

March 25, 2020 at 11:25 AM EDT

ANDOVER, Mass., March 25, 2020 (GLOBE NEWSWIRE) -- As the Novel Coronavirus (COVID-19) outbreak continues, Casa Systems, Inc. (Nasdaq:CASA), is closely monitoring and proactively assessing the situation to safeguard its employees, and is assisting its customers meet the needs of a rapidly changing business environment.  Globally, all of the Company’s manufacturing facilities are fully operational, and we are working with our supply chain to augment inventory to meet increased customer demand. Additionally, the Company has business continuity plans in place to mitigate any potential future business disruption.

Currently, Casa expects no impact to its first quarter 2020 from the COVID-19 outbreak.

“Our primary focus is to ensure the health and well-being of our employees while also recognizing our responsibility to our customers and our industry,” said Jerry Guo, CEO, Casa Systems.  “We continue to watch our business very closely for any effects of COVID-19 and are working to meet heightened customer demand due to increased network traffic.”

About Casa Systems, Inc.
Casa Systems, Inc. (Nasdaq: CASA) delivers converged broadband technology solutions that enable wireless, cable and fixed network service providers to meet the growing demand for gigabit bandwidth and services. Engineered for performance, flexibility and scale, our suite of distributed and virtualized solutions delivers end-to-end connectivity across multiple access technologies. Commercially deployed in over 70 countries, Casa serves more than 475 Tier 1 and regional service providers worldwide.

For more information, visit our website at http://www.casa-systems.com.

CONTACT INFORMATION:

Media Contact
Alicia Thomas
Casa Systems, Inc.
100 Old River Road
Andover, Mass. 01810
+1.817.909.8921
alicia.thomas@casa-systems.com

IR Contact
Monica Gould
212-871-3927
investorrelations@casa-systems.com

Lindsay Savarese
212-331-8417
investorrelations@casa-systems.com

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Source: Casa Systems, Inc.