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There is only one IPO on deck for this week: Veraz Networks Inc. (VRAZ), a telecom equipment provider which supplies IP softswitches for wireline and wireless service providers.

All quotations are from the company's most recent S-1 filings with the link provided.

VERAZ NETWORKS INC (VRAZ)
Business Overview (from prospectus)

We are a leading global provider of Internet Protocol, or IP, softswitches, media gateways and digital compression products to established and emerging wireline, wireless and broadband service providers. Service providers use our products to transport, convert and manage voice traffic over legacy and IP networks, while enabling voice over IP, or VoIP, and other multimedia communications services.

Offering: 9.0 million shares at $10.00 - $12.00 per share. Veraz is offering about 6.8 million shares, and shareholder ECI Telecom Ltd. (ECIL) is selling about 2.3 million shares, reducing its stake in Veraz from 40.1% to 27.5%. Net proceeds of approximately $66.5 million will be used for capital expenditures for the purchase of equipment and for leasehold improvements in connection with the company's expansion and working capital for general corporate purposes, including expansion of marketing and sales departments. The company may also use a portion of the proceeds for the future acquisition of, or investment in, businesses, products or technologies that complement our business, although Veraz is not pursuing any acquisitions or investments as of the date of this prospectus.

Lead Underwriters: Credit Suisse, Lehman Brothers

Financial Highlights:

Total revenues increased by $23.4 million, or 30.7%, from $76.2 million in 2005 to $99.6 million in 2006...Gross profit increased by $10.6 million, or 24.6%, from $43.1 million in 2005 to $53.7 million in 2006...Net loss decreased $0.4 million, or 2.8%, from $14.3 million in 2005 to $13.9 million in 2006.

Source: This Week's IPO: Veraz Networks Inc.