Apogee Networks, Inc. Adds HP, Lucent Execs to its Management Team.

Business/Technology Editors

ROCHELLE PARK, N.J.--(BUSINESS WIRE)--Feb. 16, 2000

Veteran Business and Product Development Strategists to Play Key

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Market

Apogee Networks, Inc., the industry's most innovative provider of Content and Usage-Based Billing Solutions today announced two significant additions to its executive team. The two executives, Ted Haller and Saul Einbinder- who arrive from Hewlett-Packard and Lucent Technologies, respectively - will substantially enhance Apogee Networks business and product development marketing strategies to become a leading provider in the Service Provider and Enterprise markets.

Ted Haller, a 15-year veteran of Hewlett-Packard, will assume the role of VP of Business Development for Apogee Networks. Mr. Haller was a primary contributor to the creation and success of Hewlett-Packard's OpenView/NetMetrix network management business, helping to grow the business over 300% in 2 years to be come the recognized leader in the industry. Mr. Haller was directly responsible for strategic planning, and the creative use of partnerships, alliances, and acquisitions that helped propel this phenomenal growth.

Haller will focus on building strategic partnerships with Service Providers and network equipment manufacturers, to create solutions that will facilitate the rapid deployment of new services based on usage and content billing management.

Saul Einbinder, who was named Apogee Networks' VP of Product Strategy, has 19 years of experience in telecommunications - most recently as Lucent Technologies Director of Emerging Technologies. Prior to assuming that post, Mr. Einbinder co-led the strategy and business development team for Lucent Technologies IP Applications Unit.

During his earlier tenure with AT& Bell Laboratories, Mr. Einbinder was a Distinguished Member of Technical Staff - leading several key R& initiatives and receiving a number of patents for QoS, switching and access technologies.

&uot;This is a very exciting stage in Apogee Networks' continued growth&uot; declared Apogee Network's President &COO, Tom Goldman. &uot;Saul and Ted bring a wealth of expertise and contacts to our company that will be invaluable as we present our compelling value proposition to the Service Providers who are being confronted with a new set of business and operational challenges.&uot; Those challenges, said Goldman, include gaining visibility into how their infrastructure is being used and ensuring that such use leads to profitability.

&uot;Apogee Networks is a very well-positioned company in a highly lucrative market,&uot; said Haller. &uot;I'm very excited about the new business opportunities we're bringing to Service Providers with innovative products and standard interfaces which will allow our customers to differentiate themselves over their competition, resulting in a direct impact on their bottom lines.

&uot;There's no doubt that Apogee Networks' vision, in general, and our NetCountant(TM) solutions are without peer in this market&uot; noted Einbinder. &uot;I'm looking forward to working with the Apogee Networks' team to build on that vision and to continue raising the bar for `Business-Aware' Content and Usage-Based Billing solutions. &uot;

About Apogee Networks, Inc.

Headquartered in Rochelle Park, New Jersey, Apogee Networks, Inc. develops and markets a new class of `Business Aware Solutions'. These solutions enable Service Providers to differentiate their services by moving away from unprofitable flat rate billing models. Enterprise customers have new visibility into the usage patterns and consumption of network resources, enabling them to better manage and leverage their information network investments, and control growth patterns and escalating costs. NetCountant received Best-Of-Show at Networld+Interop. For additional information, please visit www.apogeenetworks.com