Apogee Networks Unveils NetCountant Billing Product Line; Serves Multiple Sectors With Complete Range of Content Settlement/IP Billing Products.

Business/Technology Editors

ROCHELLE PARK, NJ--(BUSINESS WIRE)--Aug. 14, 2000

Apogee Networks, today announced the introduction of an extensive Content Settlement and Billing product line to serve the dynamically changing needs of Content Distributors, ASPs, ISPs, Carriers, Wireless Internet Providers and Enterprise customers. The product line is branded under Apogee Networks' industry recognized NetCountant(TM) name.

"The introduction of the NetCountant product line represents a major step in the development of a highly scalable, flexible revenue settlement and billing platforms that can service the changing needs of the Internet," said Apogee Networks' Founder and CEO, Pablo Tapia. "We have built our platform solutions to keep ahead of the rapid growth of the industry. Our billing solutions help our customers introduce new Business and Revenue models quickly in order to meet changing market requirements. We have truly built the Content engine of tomorrow today."

The NetCountant(TM) Product Line:

- NetCountant Content Collection: provides Content Distributors with the
unprecedented capability to define, aggregate, report and process billions of
IP content records. With this capability, the foundations to support new
Industry Business and Revenue models have been established.

- NetCountant Accountability: provides IP networks with the ability to
identify; rate and bill back usage to actual users of the network. NetCountant
Accountability customers include Fidelity, NCR, and CSC. Users of NetCountant
Accountability have realized millions of dollars in bandwidth cost reductions
as well as significant improvements in network productivity.

- NetCountant Settlement: provides the industry with a highly

scalable settlement platform that can identify, aggregate,

rate and distribute billions of content transactions.

NetCountant Settlement will drive the Internet industry to

new Business and Revenue Settlement models. NetCountant

Settlement addresses a critical Industry demand to

commercialize Content that flows on the Internet. NetCountant

Settlement will be the engine that drives new models of

profitability and revenue opportunity.

- NetCountant Content Collection: provides Content Distributors with the
unprecedented capability to define, aggregate, report and process billions of
IP content records. With this capability, the foundations to support new
Industry Business and Revenue models have been established.

- NetCountant Accountability: provides IP networks with the ability to
identify; rate and bill back usage to actual users of the network. NetCountant
Accountability customers include Fidelity, NCR, and CSC. Users of NetCountant
Accountability have realized millions of dollars in bandwidth cost reductions
as well as significant improvements in network productivity.

- NetCountant Performance: provides advanced diagnostic and

reporting capabilities that allow IP networks to function

more efficiently. NetCountant Performance users have the

capability to quickly determine what is occurring in the

network infrastructure in real-time, thus allowing a quick

response to potential problems before network disruptions

occur.

About Apogee Networks

Headquartered in Rochelle Park, New Jersey, Apogee Networks, Inc. is the recognized leader in developing and deploying advanced IP Content Rating/Settlement and IP Billing 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 (formally H&Q Venture Associates), Oak Investment Partners, INTEL, BBVA, NetOne Systems Company Limited, 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.