Apogee Networks Joins National Convergence Alliance: Content And IP Billing Leader Chairs IP Billing Committee.

Business Editors

SADDLE BROOK, N.J.--(BUSINESS WIRE)--Jan 30, 2001

Apogee Networks, a leading provider of Content and IP Rating, Billing, and Settlement solutions, today announced it joined the National Convergence Alliance (NCA) and will chair the organization's IP Billing Committee.

By steering this committee, Apogee Networks will help lead member companies focus on convergence technologies for Content and IP Billing. Apogee Networks' award-winning NetCountant(R) Content, Billing and Settlement platforms will be available for members of the NCA.

The NCA was created to facilitate the growth of the convergence industry. By providing an educational and business forum for industry members, the NCA will increase awareness and perpetuate the entire communications industry from end-users to technology providers. The NCA is the centralized resource for information about convergence and the many specialized technological subsets. This is done by proactively bringing information to the marketplace in a variety of ways including position papers, a buyer's resource guide and a national seminar tour to promote the benefits of convergence.

"Apogee Networks is proud to be the chair for the NCA IP Billing Committee," said Apogee Networks' CMO, Andrew Burroughs. "Convergence is critical to the industry's success in delivering more services in a simpler and cost efficient manner. The NCA is an alliance made up of cutting-edge industry leaders that are defining the foundation for next-generation networks and applications."

Don Lawrence, President of NCA added, "As the leader in the IP Billing arena, Apogee Networks was the natural selection to chair this vital committee for the convergence of technologies in the IP Billing space. The future success of Internet initiatives will be tied to creating IP Billing and Settlement systems that are scalable and flexible to meet the needs of all of the players in the industry."

About NCA

The NCA is an industry alliance comprised of product and service vendors in the convergence market. The mission of the NCA is to promote the convergence industry and the inherent benefits of its use. The NCA is now calling for white papers and seeking committee members across a range of topics. For more information, visit www.ConvergenceAlliance.com or call [phone] toll free within the US, [phone] for outside the US.

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 solutions for IP Content Distributors, ASPs, ISPs, Carriers, Wireless Internet Providers and Enterprise customers. Apogee Networks' NetCountant(R) 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 products were recently awarded Internet Telephony(R) magazine's Product of the Year Award and Networld+Interop's Best-of-Show Award. Apogee Networks is a Charter member of the Internet Protocol Detail Record (IPDR) Association as well as a member of the National Convergence Alliance (NCA).

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