Actelis Networks Adds Global Sales Management Team to Capitalize On Significant Market Opportunity.

Business Editors/High-Tech Writers

FREMONT, Calif.--(BUSINESS WIRE)--Nov. 4, 2002

Actelis Networks

-- Thomas P. Reynolds, senior vice president of worldwide sales

and support; Charles H. Evans, vice president of international

markets; and Dov Levanon, vice president of international

sales, to lead Actelis Networks sales force.

Actelis Networks(R), the first company to enable fiber-quality transport services over local loop copper, announced today three seasoned telecommunications veterans have joined the organization to drive worldwide sales.

Thomas P. Reynolds, a 22 year veteran of the telecommunications industry, has been named senior vice president, worldwide sales and support. Reynolds extensive experience in the telecommunications industry includes managing several successful sales groups for organizations such as Lightbridge (NASDAQ:LTBG), Cambia Networks, Ericsson's Data Backbone and Optical Division (NASDAQ:ERICD), PairGain Technologies, Motorola's Information Networking Group (NYSE:MOT) and Harris Datacom (NYSE:HRS). In his new role, Reynolds will define Actelis Networks sales strategy and increase worldwide revenues with support from veteran sales executives Charles Evans and Dov Levanon.

Charles H. Evans has been appointed vice president of international markets. In this role, Evans will manage and drive all sales activities for the Southeast Asia, Oceania, and Central and South America regions. Evans comes to Actelis Networks with more than 25 years of international sales and marketing experience with an emphasis on RBOCs, independent telcos and international markets. Most recently, Evans served as vice president of business development at Bravara. Prior to Bravara, Evans was vice president of international sales and marketing at Tailyn Communications (5353.TWO). Evans has also held high-level management positions with E/O Networks, Communications Technology Corporation, ADC Telecommunications (NASDAQ:ADCT), NEC America (NASDAQ:NIPNY), Nortel (NYSE:NT) and Lynch Communications Systems. (ASE:LIC)

Dov Levanon joins Actelis Networks as vice president of international sales. In this role, Levanon will manage and drive all sales activities for the Europe, Middle East and Africa regions. Levanon has more than 25 years of international sales experience with technology companies in Europe and Asia. Prior to joining Actelis, Levanon was founder and CEO of Wydeband, Inc., which developed and deployed broadband multi-service platforms for DSL networks. Prior to founding Wydeband, Levanon was regional vice president at Comverse, Inc. (NASDAQ:CMVT)

"With the addition of Thomas Reynolds, Charles Evans and Dov Levanon, we now have a world-class sales team that will enable us to capitalize on the market opportunity before us," said Tuvia Barlev, president and chief executive officer for Actelis Networks. "Reynolds, Evans and Levanon are the proven sales performers we need to enable us to become a leading supplier of telecommunications solutions."

"With the recent release of the MetaLIGHT(R) solution, Actelis is in a prime position to succeed in today's market," said Thomas P. Reynolds, senior vice president, worldwide sales and support. "The MetaLIGHT solution is unique because it allows carriers to expand their service offerings while meeting their ROI and capex requirements. I am pleased to be a part of a dynamic, growing company with so much to offer its customers."

About Actelis Networks

Actelis Networks is the first company to enable fiber quality transport over local loop copper. By radically boosting the speed, range, and reliability of copper to achieve fiber performance in the local loop, Actelis allows carriers to deliver bandwidth today to points further from the core of the network without further cabling investment. Founded in 1998 and headquartered in the

Silicon Valley, Actelis Networks is backed by preeminent telecom investors, including New Enterprise Associates, The Walden International Investment Group, U.S. Venture Partners and The Carlyle Group. Actelis was named one of the top 100 private companies in the United States by Upside Magazine and one of the Ten Most Intriguing VC fundings of 2001 by Red Herring. Actelis announced general availability of its MetaLIGHT 1500 in September of 2002 and is generating revenue in carrier networks in the United States. For more information, please visit the corporate Web site at www.actelis.com.

Note to Editors: Actelis Networks and MetaLIGHT are registered trademarks of Actelis Networks, Inc. One or more U.S. and foreign patents pending cover the product described above. All other trademarks used herein are the property of their respective owners.