Telanetix Announces Effective Date of Reverse Stock Split

-Stock to trade on post-split basis under the symbol “TNIX”-

BELLEVUE, Wash.--(BUSINESS WIRE)-- Telanetix, Inc. (OTC BB: TNXI), a leading communications solutions provider offering next generation voice services and solutions to the business market, announced that its 75 to 1 reverse stock split of its common stock became effective today. The Company’s common stock will begin trading on a post-split basis on Wednesday, June 1, 2011 under the new ticker symbol “TNIXD” for 20 business days and then will continue trading under the new ticker symbol "TNIX" thereafter.

Each outstanding 75 shares of Telanetix’ common stock will be combined into one share of common stock. Beneficial holders of the stock will see the revised share totals and revised stock price reflected on their electronic accounts. Registered holders will be advised by the Company’s transfer agent to exchange their outstanding pre-split stock certificates for new ones. The reverse stock split affects all of the Company’s common stock outstanding immediately prior to the effective time of the reverse stock split as well as the number of shares of common stock available for issuance under the Company’s equity incentive plan. In addition, the reverse stock split will effect a reduction in the number of shares of common stock issuable upon the exercise of stock options or warrants. Fractional shares will be paid by the Company in cash at the average of the high and low trading prices of the common stock for the five days prior to the effective date of the split. In addition, the number of authorized shares of common stock will be reduced from 600 million to 8 million.

The purpose of the reverse stock split is to increase the per share trading price of the Company’s common stock, thereby appealing to a broader range of investors.

About Telanetix, Inc.

Telanetix, Inc. (OTC BB: TNXI) is a leading communications solutions provider offering voice over IP (VoIP) services to all business market segments. Telanetix solutions meet the real-world communications demands of its customers with an industry-leading value proposition of cutting edge products and technology that brings enhanced productivity and industry-leading savings to our customers. The company's hosted telecom voice services, marketed under the "AccessLine" brand, give companies flexible calling solutions, a simpler installation experience, and a greater range of support options than traditional telecom providers. With a history of serving over 100,000 business customers, including Fortune 50 companies, we've scaled our award-winning technologies to meet the needs of entrepreneurial-minded small businesses.

CONTACT:

Investor Relations:
MKR Group
Charles Messman or Todd Kehrli
323-468-2300
tnxi@mkr-group.com

KEYWORDS:   United States  North America  Washington

INDUSTRY KEYWORDS:   Technology  Internet  Software  Mobile/Wireless  VoIP

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