Voltaire 3Q08 Preliminary Results

Voltaire Ltd. will release its third quarter 2008 results on Wednesday, October 29, 2008, before the U.S. markets open. Furthermore, the Company issued preliminary results for the third quarter.

Revenues for the third quarter of 2008 are expected to be in the range of $14.1 million–$14.6 million compared to the $17 – 18 million originally anticipated. Revenues for the quarter were lower than initially forecast given a delay in the receipt of two multi-million dollar orders from US-based financial institutions. These two orders, initially expected at the end of the quarter, were not received due to the turbulence in the capital markets at the end of September 2008. Consequently, the Company expects to generate a non-GAAP loss per share for the quarter in the range of $0.02 – $0.03 compared to the $0.02 – $0.04 non-GAAP earnings per share originally anticipated. The Company will issue an updated outlook with regard to the second half of 2008 with the release of its third quarter 2008 financial results, and advises investors not to rely on its previous outlook before that update.