Apogee Networks Opens Western Regional Headquarters in Colorado.

Business Editors

SADDLE BROOK, N.J.--(BUSINESS WIRE)--Sept. 13, 2000

New Location Supports Apogee Networks' Rapidly Expanding

Partnership Programs, Sales, and Business Development

Apogee Networks, the leading global provider of advanced IP Content, Rating, Billing, Settlement platforms, today announced it has opened a regional office in Castle Rock, Colorado to support its Partnership Programs, Sales, Support and Business Development.

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.

"Today the service provider industry is facing complex Content and IP Billing issues that if unresolved can impede success," said Apogee Networks' Vice President of Business Development Ted Haller. "The inability to charge for Content delivered on the Internet has been a stumbling block to profitability for many e-commerce companies. Apogee Networks has delivered the solutions to resolve this critical need in the industry."

The Company has aggressively entered into partnerships with "best of class" providers that enhance its technological capabilities, extend its distribution channels, and create relationships that contribute to the development of enabling new services for the Internet. Apogee Networks has numerous partners including Cisco Systems, Hewlett-Packard, Agilent Technologies, KPMG, NARUS, CacheFlow Inc., Checkpoint Software Technology, Computer Sciences Corporation, Funk Software, Greenwich Technology Partners (GTP), Net One Systems Co., Ltd., Net Reality, NetScout Systems, NIKSUN Inc., PaySys, Top Layer Networks, and World Wide Technology.

Apogee Networks offers a complete range of end-to-end IP 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' NetCountant(TM) product line provides IP billing, and settlement platforms with unprecedented flexibility, scalability and real-time rating capabilities. As a result, ISP/ASP customers can readily adapt new Business and Revenues models to ensure profitability of Internet related initiatives.

About Apogee Networks

Headquartered in Saddle Brook, New Jersey, Apogee Networks, Inc. is the recognized leader in developing and deploying advanced IP Content, Rating, Billing, and Settlement solutions for IP Content Distributors, ASPs, ISPs, Carriers, Wireless Internet Providers and Enterprise customers. Apogee Networks' NetCountant(TM) 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 (formerly H&Q Venture Associates), 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.