Orange, Conn., April 19, 2010 — Tangoe, Inc. today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock.

Deutsche Bank Securities Inc. and Thomas Weisel Partners LLC will act as joint book-running managers for the offering, with Lazard Capital Markets LLC, Stifel, Nicolaus & Company, Inc., Canaccord Adams, Inc., and Raymond James & Associates, Inc. acting as co-managers. The number of shares to be sold and the price range for the proposed offering have not yet been determined.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the offering may be obtained, when available, by contacting Deutsche Bank Securities Inc., Attn: Prospectus Department, 100 Plaza One, Jersey City, New Jersey 07311, Telephone: (800) 503-4611, or via e-mail, at prospectus.cpdg@db.com, or Thomas Weisel Partners LLC, Attn: Prospectus Department, One Montgomery Street, Suite 3700, San Francisco, California 94104, Telephone: (415) 364-2720, or via fax, at (415) 364-2799.

About Tangoe, Inc.

Tangoe is the leading provider of global enterprise communications lifecycle management software and related services. Tangoe’s solution encompasses the entire fixed and mobile communications lifecycle including contract sourcing, asset procurement, services provisioning, invoice processing, expense allocation, bill payment, policy enforcement, usage management, inventory tracking, and device decommissioning.

Additional information about Tangoe can be found at www.tangoe.com. Tangoe is a registered trademark of Tangoe, Inc.

 

Investor Contact:

Seth Potter

ICR

646 277.1230

seth.potter@icrinc.com

 

Media Contact:

Kristin Conforti

PAN Communications, Inc.

978.474.1900

tangoe@pancomm.com

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