DIALOGIC ANNOUNCES RECORD FIRST QUARTER RESULTS.

PARSIPPANY, N.J.--(BUSINESS WIRE)--April 16, 1996--Dialogic Corporation (NASDAQ-DLGC), the world s leading manufacturer of high performance, standards-based computer telephony (CT) components, today reported record revenue and net income for the first quarter ended March 31, 1996. Revenues for the quarter were up 36% over last year's first quarter to $48.7 million. Net income for the quarter was $10.6 million, or $.65 per share, including a gain on the sale of 1,150,000 shares of Voice Control Systems (VCS) stock sold during the quarter. Excluding this gain, net income and net income per share would have been $4.8 million and $.30, respectively.

"In addition to our very strong financial performance in the first quarter of 96, Dialogic introduced fourteen new products -- more than at any other time in the company's history," stated Howard Bubb, President and CEO. "These included our new entry level two- and four-port voice boards, the Proline/2V and Dialog 4, respectively, which deliver unprecedented performance at tremendous cost savings for our customers. The Proline/2V's superior performance was recognized at the recent CT Exposition in Los Angeles where it was named Best of Show.

"Also during this quarter, we announced our new DualSpan series of voice and call processing boards designed for large-scale high-performance PC-based systems. DualSpan offers 60 channels of Digital Signal Processor (DSP) processing and two spans of T-1/E-1 or ISDN network interface on a single board. With these products, Dialogic continues to set the industry's high performance benchmarks by providing an impressive three billion operations per second (BOPS) of DSP power, four Intel 486GX(TM) processors and 2048 timeslots of switching," Mr. Bubb continued.

"Additionally, we confirmed our commitment to the Windows platform by providing Windows 95 and Windows NT support to developers building client/server based telephony applications. Also in the first quarter, we demonstrated our commitment to open standards by delivering the industry s first software product based on open standards for telephony media and connection services. This CT Media Services(TM) (CTMS) SCSA software product, currently in beta trials, is based on the new industry-standard Enterprise Computer Telephony Forum (ECTF) S.100 Media Services API for media services and on Windows TAPI 2.0 for call control," Mr. Bubb added.

"And, finally, during the quarter we announced a partnership with Rockwell's Switching Systems Division to develop a suite of call center platforms for critical customer contact applications in corporate departments, branch offices and small businesses. In the months and years ahead, we are confident our technological leadership and strong partnerships will keep us at the forefront of CTI's market acceleration and continue to create shareholder value," Mr. Bubb stated.

Dialogic Corporation is the leading manufacturer of high performance, standards-based computer telephony (CT) components. Computer telephony systems built with Dialogic products manage more than one third of all telephone, facsimile, and multi-media calls answered by computers over wireless and wired networks worldwide. Dialogic products are used in voice, fax, data, voice recognition, speech synthesis and call center management CT applications. The company is headquartered in Parsippany, New Jersey, with regional headquarters in Tokyo, Japan, and Brussels, Belgium, with sales offices worldwide. For more information, visit the Dialogic Web Site -- http://www.dialogic.com.

Trademarks: All names, products and services mentioned are trademarks or registered trademarks of their respective organizations.

Editorial Contact: Edward B. Jordan Dialogic Corporation [phone], Ext. 6134 email: [e-mail]

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                           DIALOGIC CORPORATION
                      Consolidated Statement of Income
                              (Unaudited)
                    (In thousands except per share data)

                                           Quarter Ended
                                             March 31,
                                     1996      %       1995      %

Revenues                            $48,732   100.0   $35,812   100.0
Cost of goods sold                   19,751    40.5    14,336    40.0
Gross profit                         28,981    59.5    21,476    60.0
Research and development              8,877    18.2     6,637    18.5
Selling, general &
 administrative expenses             13,483    27.7    10,685    29.8
Operating income                      6,621    13.6     4,154    11.7
Merger costs                            ---     ---    (1,294)   (3.7)
Interest income, net                    754     1.5       419     1.2
Realized gain on available
 for sale securities, net             9,245    19.0         9     ---
Income before provision for
 income taxes                        16,620    34.1     3,288     9.2
Provision for income taxes            6,008    12.3     1,238     3.5
Net income                        $  10,612    21.8  $  2,050     5.7
Income per share                  $    0.65          $   0.13
Shares used in the calculation
 of income per share                 16,256            15,980

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                          DIALOGIC CORPORATION
                  CONDENSED CONSOLIDATED BALANCE SHEETS
                           (In thousands)

                                     March 31,       December 31,
                                       1996             1995

ASSETS
CURRENT ASSETS:
  Cash and cash equivalents         $  4,733         $  5,987
  Short term investments              34,859           24,689
  Convertible note and
    options recorded at
    fair market value                 13,995           12,777
  Accounts receivable (net)           24,844           25,727
  Inventory                           28,234           23,969
  Deferred income tax benefits         3,221            3,067
  Other current assets                 4,639            3,175
Total current assets                 114,525           99,391
PROPERTY AND EQUIPMENT - Net          16,517           15,126
OTHER ASSETS                           2,696            2,845
TOTAL ASSETS                        $133,738         $117,362
LIABILITIES AND SHAREHOLDERS'
  EQUITY CURRENT LIABILITIES:
Accounts payable                    $  9,274         $  9,232
Accrued expenses                      10,817            7,199
Deferred taxes                         5,948            5,320
Current maturities of long
  term liabilities                       315              595
Total current liabilities             26,354           22,346
LONG TERM LIABILITIES                  2,431            2,259
SHAREHOLDERS' EQUITY                 104,953           92,757
TOTAL LIABILITIES AND
  SHAREHOLDERS' EQUITY              $133,738         $117,362

CONTACT: Edward B. Jordan

Dialogic Corporation

[phone], Ext. 6134

email: [e-mail]