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PRESS RELEASES 2003

net.com Partners with Atreus Systems to offer IP QoS Service Fulfillment and Delivery
Fremont, CA, October 29, 2003 -- net.com (NYSE: NWK), a leading vendor of next generation BRAS technology to enable broadband service creation, and Atreus Systems, a service definition and fulfillment leader for Internet protocol (IP) services and applications, today announced a strategic technology and partnership to supply their carrier customers with quality of service (QoS) enabled IP service delivery systems for use in applications such as voice or data virtual private networks, video on demand, IP TV, bandwidth on demand, and content delivery.

net.com Updates Cisco IOS Licensing Agreement
Fremont, CA, October 15, 2003 -- net.com (NYSE: NWK), a leading vendor of next generation BRAS technology to enable broadband service creation, and Atreus Systems, a service definition and fulfillment leader for Internet protocol (IP) services and applications, today announced a strategic technology and partnership to supply their carrier customers with quality of service (QoS) enabled IP service delivery systems for use in applications such as voice or data virtual private networks, video on demand, IP TV, bandwidth on demand, and content delivery.

NATO Awards Bandwidth Management Equipment Contract to net.com
Fremont, CA, October 15, 2003 -- net.com and the North Atlantic Treaty Organization (NATO), today announced that NATO has awarded net.com a contract to supply NATO with Bandwidth Management Equipment (BME) for the NATO communications network. Under the contract, net.com will supply the NATO member states with the company's Promina and SCREAM platforms.

68% of Broadband Users Willing to Pay More for Quality of Service Guarantees For Internet Connectivity
ITU Telecom World, Geneva, October 12, 2003 -- net.com today announced the results of a broadband usage study that shows almost 80% of broadband users would like a new service that guarantees a minimum bandwidth performance level, and 68% of those users would be willing to pay a premium for that service.

Bullet Proof to Future Proof - 20 Years of Networking Innovation
ITU Telecom World, Geneva, October 12, 2003 -- net.com announced today that it will be showcasing its Promina, SCREAM, and SHOUT platforms on Stand 1230.316 in the USA Pavilion in Hall 1 of ITU Telecom World in Geneva, from October 12th -18th, 2003.

net.com Selects Atlas Corporation as Partner in Ukraine
Fremont, CA and Kiev, Ukraine, September 10, 2003 -- Network Equipment Technologies, Inc., doing business as net.com, and Atlas Corporation, Ukraine's leading telecommunications system integrator, today announced that the companies have signed a partnership agreement by which Atlas will sell net.com's communication platforms and provide support services in the Ukraine and other Commonwealth of Independent States (CIS) countries. This partnership represents the first direct sales channel and service partner into the Ukraine for net.com.

net.com and Digiquant Ink Agreement for Marketing and Product Alliance
Fremont, CA and Atlanta, GA, July 31, 2003 -- Network Equipment Technologies, Inc. (NYSE: NWK), doing business as net.com, and Digiquant, a global provider of software solutions for the communications industry, announced today the adoption of a co-marketing agreement surrounding the delivery of the companies' respective technologies to create a carrier class voice over Internet protocol (VoIP) solution with advanced billing capabilities. The VoIP solution targets service providers looking to deploy packet-based voice services on a large scale.

President and CEO Bert Whyte to Ring Closing Bell at NYSE.
New York, July 31, 2003 -- Network Equipment Technologies, Inc., dba net.com, announced today that its president and CEO, Hubert "Bert" Whyte will ring the closing bell at the New York Stock Exchange today in celebration of the company's founding twenty years ago.

net.com Taps Call Center Market - AIM Deploys SHOUT900 Solution for Multi-state VoIP Network
Fremont, CA, June 18, 2003 -- Network Equipment Technologies, Inc., doing business as net.com, announced today that call center services provider Advanced Innovative Marketing (AIM) has selected net.com's SHOUT900 VoIP platform for deployment in its call center network. The sale represents the first deployment of net.com's VoIP platform in a call center environment. SHOUT900 was selected for its Interactive Voice Response (IVR), scripting, soft switching, and voice transport capabilities.

net.com Slated to Join Russell 3000
Fremont, CA, June 16, 2003 -- Network Equipment Technologies, Inc. (NYSE: NWK) will join the Russell 3000® Index when the broad-market index is reconstituted June 30, according to a preliminary list of additions issued by Frank Russell Company. Index membership will go into effect July 1 and will remain in place for one year. Membership in the Russell 3000 means automatic inclusion in either the large-cap Russell 1000® Index or small-cap Russell 2000® Index.

Service Creation Community Announces First Pilots
Atlanta, GA, June 4, 2003 -- The Service Creation Community announced today that it has approved pilots submitted by two of its founders, Siemens, Inc. (NYSE: SI) and net.com (NYSE: NWK). A demonstration of the Siemens sponsored pilot, "Video Telephony," is being held in their booth #12141, and net.com is hosting a demonstration of "IP Video Content with Defined QoS" at the company's booth #21727.

net.com Showcases Video-on-Demand and Firewall Busting IP Telephony Technology at SUPERCOMM
SUPERCOMM 2003, ATLANTA, GA, June 3, 2003 -- Network Equipment Technologies, Inc. (NYSE: NWK), doing business as net.com, today announced that it is demonstrating service creation for today's blended network environment using net.com's SCREAM platform with a live video over digital subscriber line (VoDSL) demonstration at SUPERCOMM in Atlanta, Georgia (booth #21727, Exhibit Hall B). In addition, the company is showcasing the quality of its voice over Internet protocol (VoIP) telephony platform, SHOUT with a live demonstration of its firewall busting capabilities, and by offering free phone calls to SUPERCOMM attendees.

net.com Announces Promina Broadband Shelf, Bringing the Benefits of Broadband to the Promina Multiservice Access and Switching Platform
SUPERCOMM 2003, ATLANTA, GA, June 3, 2003 -- Network Equipment Technologies, Inc. (NYSE: NWK), doing business as net.com, today announced a significant addition to its Promina multiservice access and switching platform: the Promina Broadband Shelf (Promina BBS). Due to its outstanding reliability, the Promina platform is widely used by carriers, governments and enterprises worldwide for their mission critical applications. The new shelf brings the benefits of asynchronous transfer mode (ATM) and Internet protocol (IP) to the Promina platform, allowing network operators to continue deriving value from their installed networks while enjoying the benefits of new services made possible by broadband technologies.

net.com Delivers Broadband Migration Strategy with Promina SCLX Module
SUPERCOMM 2003, ATLANTA, GA, June 3, 2003 -- Network Equipment Technologies, Inc. (NYSE: NWK), doing business as net.com, today announced the new Promina SCLX module for its Promina multiservice access and switching platform, allowing network operators to turn their existing narrowband Promina networks into a broadband network to take advantage of the latest high-speed networking technologies. The Promina SCLX module fits into existing Promina 800 infrastructures and enables enterprises and carriers to efficiently connect private networks to the asynchronous transfer mode (ATM) cloud, bringing the benefits of broadband while minimizing the cost of changing the complexion of a legacy network.

General Dynamics Orders Promina 800 for Voice, Video and Data in Air Force Command and Control Network
Fremont, CA, April 28, 2003 -- Network Equipment Technologies, Inc. (NYSE: NWK), doing business as net.com, announced today that it has been awarded an order by General Dynamics Decision Systems of approximately $5,000,000 for expansion of the United States Air Force's theater deployable node program under the Theater Deployable Communications (TDC) Integrated Communications Access Packages (ICAP) Program. TDC ICAP is a modular networking capability established by General Dynamics that utilizes net.com's Promina® multiservice networking platform.

Network Equipment Technologies, Inc. Annual Results Include 36% Increase in Product Revenue
Fremont, CA, April 16, 2003 -- Network Equipment Technologies, Inc. (NYSE:NWK) today reported its quarterly and annual results for the periods ended March 28, 2003. For the quarter, the company posted a profit of $0.02 per share and increased its cash position by $6.1 million.

BART on Board with Network Equipment Technologies, Inc.
Fremont, CA, March 10, 2003 -- Network Equipment Technologies, Inc., a global provider of multiservice networking and service creation platforms, announced today that it is providing the Bay Area Rapid Transit District (BART) with a new station-to-station communications network for the agency's train control system. The initial $600,000 order covers a 28-station network to be deployed over the next 18 months.

BT and YIPES Join Service Creation Community Advisory Board
Fremont, CA, January 15, 2003 -- The recently formed Service Creation Community announced today that British Telecommunications plc (BT) and Yipes Enterprise Services have joined the organization's Service Provider Advisory Board. Representatives of both organizations addressed members of the SCC at a general membership meeting hosted by Accenture in Dallas recently.

Latvian Capitol "SCREAMs" Ahead
Fremont, CA, January 15, 2003 -- The Riga City Council, which manages the municipal network for the Latvian capitol, has purchased the SCREAMTM Service Creation Manager platform from net.com (NYSE: NWK) for a multiservice broadband network. The project will connect over 300 schools, hospitals, police stations and other administrative institutions in Riga for voice, data, videoconferencing, traffic monitoring, and other multimedia applications. The network supports the Riga City Council's e-city concept, and also offers information services to Riga inhabitants to permit them to easily communicate with different municipal institutions.

net.com Kicks Off 2003 With Third Major Industry Award for New IP Telephony Platform
Fremont, CA, January 15, 2003 -- Having already won both a Best of Show and Product of the Year award in 2002, net.com (NYSE: NWK) is announcing that its SHOUT900 voice-over-IP (VoIP) telephony platform has already garnered a Product of the Year award for 2003 from Communications Convergence.



 
 
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