Apogee Networks Establishes Presence in Canada.

Business & Technology Editors

SADDLE BROOK, N.J.--(BUSINESS WIRE)--November 15, 2000

Company to Provide IP/Content Billing Solutions to Canadian

Customers

Apogee Networks, the leading global provider of advance IP Content, Rating, Billing and Settlement platforms, announced today the opening of its Canadian operations to support its Partnership Programs, Sales, Support and Business Development. The company's first office is located in Montreal; the company has plans to expand to Toronto later this year. Apogee Networks also has offices in major cities throughout the United States as well as an Asian regional headquarters in Tokyo, Japan and a European regional headquarters in London, England.

"Apogee Networks' presence in Canada provides Content Distributors, ASPs, ISPs, Carriers, Wireless Internet Content providers and Enterprise customers more flexible, scalable and rapidly deployable solutions that will leverage today's fast changing new economy," said Apogee Networks' Chief Marketing Officer Andrew Burroughs. "We believe that Canada's fast growing Internet Service Provider market represents an important market for Apogee Networks' innovative billing solutions."

"As customers awareness and demand for ASP services increase so will the need for high SLA standards and 99.99% plus reliability," said Lise Dellazizzo, IDC Canada Senior Analyst and ASP Program Manager. "The ASP model is predicated on the fact that it deploys faster and provides on-going IT management and support. Effective IT support is based on software, hardware, infrastructure, network, tools and systems integration that requires deep and cohesive expertise. The ASP will have to provide this level of service to survive in a demand driven marketplace based on intelligent alliances," added Dellazizzo.

Apogee Networks offers a complete range of end-to-end Content and Billing solutions. Apogee Networks' customer list includes some of the largest global IP networks, including those of Fidelity, Texaco and CSC. Apogee Networks was recently selected by Adero to deploy the Internet's first global billing and settlement solution. Apogee Networks' NetCountant(TM) product line provides IP settlement and billing platforms with revenue sharing and usage-based allocation abilities that allows charge back of network costs to all departments and users. As a result, ISP/ASP customers can readily adapt new Business and Revenues models to ensure profitability of Internet related initiatives.

About IDC

IDC delivers dependable, high-impact insights and advice on the future of e-business, the Internet, and technology to help our clients make sound business decisions. IDC forecasts worldwide markets and trends and analyzes business strategies, technologies, and vendors, using a combination of rigorous primary research and in-depth competitive analysis. It also provides global research with local content through more than 600 analysts in 43 countries worldwide. IDC's customers comprise the world's leading IT suppliers, IT organizations, e-business companies, and the financial community.

Clients can access IDC's technology intelligence through:

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IDC is a division of IDG, the world's leading IT media research and Exposition Company. Visit IDC at http://www.idc.com

About Apogee Networks

Headquartered in Saddle Brook, New Jersey, Apogee Networks, Inc. is the recognized leader in developing and deploying advanced Content, and IP Rating, Billing and Settlement for IP Content Distributors, ASPs, ISPs, Carriers, Wireless Internet Content Providers and Enterprise customers. Apogee Networks' NetCountant product line provides full end-to-end content, revenue settlement and IP billing capabilities. Uniquely, NetCountant Billing provides real-time billing, flexible service creation and high scalability to meet the challenges of rapid customer growth. Apogee Networks' NetCountant Content Collection and NetCountant Settlement platforms provide advanced IP Content aggregation, processing, and revenue settlement capabilities for Content Distributors. NetCountant Accountability provides Global 2000 Enterprise and IP Network customers with the capability to better manage and allocate IP usage thereby realizing significant bandwidth cost savings. NetCountant Performance provides Global IP Networks with advanced measurement and diagnostic capabilities that increase overall network performance. The company's product recently was awarded Networld+Interop's Best-of-Show Award. Apogee Networks is a Charter member of the Internet Protocol Detail Record (IPDR) Association.

Apogee Networks investors include Fidelity Ventures Limited, Granite Ventures, Oak Investment Partners, INTEL, BBVA, NetOne Systems Co., Ltd., CTC, and several private investors. For additional information about Apogee Networks, please call 1-888-APOGEE3 (276-4333) or 1-201-368-8800 or email [e-mail] or visit us at http://www.apogeenetworks.com.