ADC Invests in VManage, a Provider of Broadband Network Management Platforms for the Network Communications Domain.

Business Editors/High-Tech Writers

MINNEAPOLIS--(BUSINESS WIRE)--Feb. 21, 2001

ADC to Adopt VManage Platforms Across Broadband

Access and Transport Products

ADC Ventures, the investment arm of ADC (Nasdaq:ADCT; www.adc.com), announced today it has invested in VManage, an Israeli start-up company focused on providing a broadband network management platform for the network communications domain. ADC's investment is valued at up to $1.3 million in seed money.

VManage solutions (VNMS(TM)) are designed to enable a common platform for unified management of a wide range of element types using a single scalable software package. The solution enables providers to tailor and deploy broadband management systems quickly for specific needs in a fraction of the time conventional existing solutions require.

"VManage fits nicely into ADC Ventures objectives of investing in companies that have both high growth potential and synergies with ADC's solutions," said Ilan Rosen, managing director of ADC Ventures, Israel. "We believe that VManage has a winning solution that enables cost reduction and time to market, which is even more important for solution providers and value added resellers (VARs) struggling to deploy their systems in today's tight and aggressive market."

"In the BroadAccess(TM) multiservice access platform, VManage's platform was already being successfully used for the creation of the next generation network management system," said Bob Switz, senior vice president, CFO and president, Broadband Access and Transport Group. Further use of VManage's solution as the management suite for all BATG products will furnish ADC's broadband bundled solution with a unique advantage."

"We are very pleased to work with ADC, a leading company in the telecom industry," said Avinoam Aharoni, president and CEO of Vmanage. "The investment and the use of VManage's platform for managing ADC equipment and for integration purposes validates our forethought regarding market requirements and product roadmap."

About ADC Ventures

ADC Ventures was established in March 2000 as the investment arm of ADC. ADC Ventures is a private fund focused on investing in emerging and start-up companies worldwide who are engaged in developing high-performance, next-generation broadband communications technologies. The fund is particularly focused on companies developing next-generation optical, Internet Protocol (IP), and software technologies that benefit service providers deploying broadband, multiservice networks. Other ADC Ventures optics investments include YAFO Networks and Optical Switch Corporation.

More information on ADC Ventures can be obtained by calling 952.946.3333 for Gokul Hemmady, managing director of ADC Ventures and vice president and treasurer of ADC.

About ADC

ADC is The Broadband Company(TM). ADC's fiber optics, network equipment, software and integration services make broadband communications a reality worldwide by enabling communications service providers to deliver high-speed Internet, data, video and voice services to consumers and businesses. ADC (Nasdaq:ADCT) has annual sales of more than $3.2 billion and employs approximately 21,000 people worldwide. ADC's stock is included in the Standard & Poor's 500 Index and the Nasdaq-100 Index. Learn more about ADC Telecommunications, Inc. at www.adc.com.