Amedia Networks Announces Results of 2005 Annual Meeting of Shareholders; CEO Details Achievements and Growth Objectives.

EATONTOWN, N.J. -- Amedia Networks, Inc. (OTCBB:AANI), a provider of Ethernet ultra-broadband solutions for the Triple Play Access Market, today announced that shareholders at its Annual Meeting of Shareholders held yesterday in Eatontown, New Jersey, approved all items presented for vote as detailed in the Company's proxy statement filed with the U.S. Securities and Exchange Commission. E[acute accent]In a presentation to attending shareholders and guests, Frank Galuppo, President and Chief Executive Officer of Amedia, reflected on the Company's progression since launching its business operations in March 2004, and outlined management's growth objectives. E[acute accent]Specifically, Mr. Galuppo noted that the Company's management team is proud of the significant progress that has been made thus far, and in its creation of the framework on which Amedia will build its future success. "Our development initiatives, partnerships, and engagements with potential customers over the past 15 months have paved the way for the global growth that we expect to deliver. We recognize that aggressive growth without thoughtful execution can lead to challenging, even painful, consequences, and it's our commitment to you to ensure that Amedia is managed progressively and responsibly. That having been said, I can think of few other companies that have moved so rapidly in this industry -- it's really quite astonishing." E[acute accent]Continuing, Mr. Galuppo stated, "Looking back, we have proven to be quite nimble and adept at redirecting our initial strategies in order to overcome some unexpected operational and financial hurdles that would otherwise have impeded our progress. By practicing very strict expense discipline and leveraging the business and industry expertise of our senior management team, Amedia has successfully established its brand identity; limited our cash burn to $5 million through our first year of operations; moved all products into production; launched a number of customer lab and field evaluations of our solutions -- many of which have been completed; successfully launched our latest products for the Fiber-To-The-Node (FTTN) and MDU/MTU markets; and relocated our corporate headquarters to its new location in Eatontown, New Jersey. E[acute accent]"Looking ahead, we plan to concentrate on those geographic markets where we are experiencing the most positive reception to our products -- specifically the United States, China, South Korea and Brazil. We are working in tandem with a number of strategic partners and resellers in those areas, and have continued to ship equipment and support resources to potential customers for field trials and pilots. We trust that further validation of our solution 'in the trenches' will yield customer contracts in the first half of this year, thus moving us from a development stage to a revenue-generation company during the second half of 2005. E[acute accent]"Furthermore, it is also our intent to drive cost out of our products, as we continue to develop our capabilities from development, to sales and marketing, to operations. We have already begun enhancing our operational capabilities in order to support a global customer base. E[acute accent]"In summary, the exploding global demand for ultra-broadband services puts Amedia in the right place at the right time. Our Ethernet solutions are based on the right technology that is increasingly being viewed as a preferred means for implementing those ultra-broadband services. Amedia has a set of exceptional leaders and superb engineers -- the likes of which are rarely found in any company of our size or age. Amedia has the potential to attain greatness and we are committed to achieving no less," concluded Galuppo.

E[acute accent]About Amedia Networks, Inc.

E[acute accent]Amedia designs, develops, and implements Ethernet solutions for the ultra-broadband access market. These secure and flexible solutions are used by network operators deploying Fiber-to-the-Premises (FTTP) and/or Fiber-to-the-Node (FTTN) infrastructures to offer their residential and business subscribers high-speed data, video, and Voice over Internet Protocol (VoIP) services in a highly cost effective manner. For more information about Amedia Networks, please visit www.amedia.com.

E[acute accent]This press release may contain "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995. A number of factors could cause Amedia's actual results to differ from anticipated results expressed in such forward-looking statements. Such factors are addressed in Amedia's filings with the Securities and Exchange Commission (available at www.sec.gov). Amedia assumes no obligation to update any forward-looking statements.