Airslide Systems Appoints Domenico Vadala as Vice-President of Sales.

Business Editors/High Tech Writers

NORTHBROOK, Ill. & ROME & HERZELIA, Isreal--(BUSINESS WIRE)--Sept. 5, 2001

Telecommunications Veteran Brings Strong Industry Experience To

Ramp Up Sales Activities in Europe

Airslide Systems, Inc., a leading provider of IP based solutions for cellular communications networks, announced today that it has appointed Domenico Vadala, as Vice President of Sales for its European operations.

Mr. Vadala, formerly Regional Sales Manager for Cisco Systems in Rome, Italy (NASDAQ: CSCO) will focus exclusively on bringing Airslide's advanced solutions to market using its innovative Signaling Gateway, which offloads SS7 and SMS traffic onto IP networks. Vadala will work closely with Airslide Systems CEO, Marc Zionts, to build out Airslide's European sales organization, a complement to Airslide's Asia/Pacific team currently headed by Eli Baram.

"We are thrilled that Domenico has joined Airslide's executive team," remarked Zionts. "His appointment exemplifies the acceleration of our sales efforts as we bring our commercial products to market. Domenico's extensive experience with European operators and wide knowledge of the telecommunications market will enable Airslide Systems to bring its strong value proposition to carriers across Europe."

Airslide's solutions enable carriers to grow their networks, dramatically reduce their operating and maintenance costs and reduce their capital expenditure with products that handle current and next generation technologies. By offloading signaling and data traffic onto an IP network, Airslides' solutions offer carriers a safe transition and allow the delivery of both traditional and newer services, without replacing legacy equipment or interfering with existing revenue streams.

"Airslide has a compelling business case for transitioning existing signaling, data and voice networks to an IP network environment," stated Vadala. "The market has been talking about these solutions for some time. This is an exceptional opportunity to bring solid solutions to European operators who are experiencing strong revenue contributions from initial data services and want to sustain healthy network growth."

Prior to joining Airslide Systems, Vadala was Regional Sales Manager for Cisco Systems where he successfully sold into Tier 1 carriers. Prior to Cisco, Vadala worked for Dynatech Communications where he established their Italian office and grew to become Dynatech's EMEA Salesman of the Year. Before Dynatech, Vadala worked at Tekelec (NASDAQ:TKLC) where he was Italian Area Manager and responsible for sales to manufacturers, operators and other large accounts. In every position he consistently outperformed sales targets, and was instrumental in growing the companies' presence in the countries within his sales territory.

About Airslide Systems

Airslide Systems develops and markets carrier-class offloading solutions for growing wireless networks onto next-generation IP networks. Airslide's IP-based products are smoothing the transition from circuit-switched TDM to fully converged packet-switching networks by leveraging the best of existing and evolving telecom standards. The core technology facilitates a shift from operating and maintaining three separate networks for voice, signaling and data, by merging signaling and data networks onto a single IP backbone. Airslide offers a cost effective alternative to upgrading costly signaling network equipment, in a manner that allows carriers to accommodate subscriber growth, alleviate network bottlenecks and enable future data based applications. Airslides' flagship product, the Airslide Signaling Gateway TM, is a scalable offloading solution that enables carriers to grow and manage their network backbone in a significantly more optimized and cost-effective manner, by reducing both capital and operating expenses.

A private company, Airslide Systems' investors include the Sequoia Capital Seed Fund, Soros Private Equity Partners, Anschutz Investment Company, KPNQwest, CDB Webtech, the Intel Communications Fund and SingTel Ventures. Airslide is headquartered in Northbrook, Illinois and operates its R&D and product development center in Israel. For more information, visit www.airslide.com.