Bandwidth Hits Bermuda; Triton Network Systems Sells OC-3 Radios to Bermuda Digital Communications for High-Speed Access On the Island.

Business Editors & High Tech Writers

ORLANDO, Fla.--(BUSINESS WIRE)--Jan. 16, 2001

For the first time in Bermuda's history, local businesses will have access to high-speed broadband services. Triton Network Systems(TM), Inc. (Nasdaq:TNSI), a leading provider of broadband fixed wireless access (FWA) network products, today announced an agreement with Bermuda Digital Communications Ltd. (BDC) to deploy Invisible Fiber(R) units (IFUs) in Hamilton, Bermuda.

The IFU radios will be deployed in Triton Network Systems' consecutive point network architecture to provide business buildings with high-speed access. The full redundancy IFU ring architecture offers network flexibility and scalability that is extremely cost effective and can be rapidly deployed. Installed on roofs with simple fiber optical cable drops into the buildings, the IFU network is deployed without digging up streets.

"Our product is ideal for the Caribbean market," said Skip Speaks, president and chief executive officer of Triton Network Systems. "Bermuda Digital Communications needs to service its customers in all weather conditions, and our industry-leading IFU radios have proven time and again that they deliver carrier class performance even under the harshest weather conditions."

Triton Network Systems' IFUs have demonstrated superior performance during several severe storms including Typhoon Kirogi, which tore a path through Tokyo on July 7, 2000. Although Typhoon Kirogi disrupted Tokyo's transportation and power, Triton Network Systems' IFUs maintained operations throughout the storm. In August 2000 when Supertyphoon Bilis devastated Taiwan, the IFUs continued to work optimally under severe weather conditions.

"Businesses in Bermuda are looking for greater bandwidth," said Kurt Eve, president and chief executive officer of Bermuda Digital Communications. "The agreement between Triton Network Systems and BDC will provide these expanded services to Bermuda, and enhance Bermuda's position as a leading international and e-commerce business center."

About Triton Network Systems

Triton Network Systems(TM) is a provider of broadband fixed wireless network products. The company's Invisible Fiber(R) high bandwidth broadband wireless network product line covers the 38 GHz, Local Multipoint Distribution Service (LMDS) and Local Multipoint Communication Systems (LMCS) markets, with functionality designed to fiber optic specifications. Triton Network Systems' broadband fixed wireless Invisible Fiber SONET/SDH and Invisible Fiber Internet products are designed to be deployed in self-healing route-diverse consecutive point networks, providing complete telephony, data and Internet network solutions. The Company produces products that help make possible the success of broadband fixed wireless in the telephony and data marketplace, and enables the evolution of the Internet by delivering high-speed connections to businesses using and developing both e-commerce and up-and-coming applications for the Internet. Triton Network Systems is traded publicly on the Nasdaq under ticker symbol TNSI. For more information, visit the Web site at www.triton-network.com.

About Bermuda Digital Communications Ltd.

Bermuda Digital Communications (BDC) is a wireless telecommunications company providing services to businesses, residents and visitors in Bermuda. BDC is licensed by the Government of Bermuda to provide Cellular, PCS and LMDS telecommunications services. BDC currently offers analog and digital (TDMA) wireless telecommunications service in Bermuda under the Cellular One(R) brand name. The company began commercial operations in July 1999 and has experienced tremendous growth. For more information visit the Web site at www.cellularone.bm.

Except for the historical information contained herein, the matters discussed in the following presentation include forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Examples of such forward-looking statements include, but are not limited to, statements regarding the following: the introduction and development of new products; product improvements and new services; the success of our technologies; increasing demand for broadband communications; the success of the expected network deployments by customers; statements about our future losses; and statements about anticipated improvements in our product cost per unit. The Company assumes no obligation to update these forward-looking statements to reflect events or circumstances after the date hereof. Further information regarding these and other risks is included in Triton Network Systems' prospectus dated July 12, 2000, and its other filings with the Securities and Exchange Commission.