Chantry Networks Expands Board, Appoints Two New Members.

Business Editors/High-Tech Writers

BOSTON--(BUSINESS WIRE)--July 7, 2003

Pascoe and Shapiro Appointments Add More than 50 Years of

Experience in Technology Industries and Management to

Chantry's Board of Directors

Chantry Networks(TM) today announced the appointment of Michael Pascoe and Professor Benson P. Shapiro to its board of directors, effective immediately. Shapiro and Pascoe join the Chantry senior management team and the three existing board members, Per Suneby, venture partner and executive-in-residence of Flagship Ventures, Ted Anderson, senior vice-president of Ventures West, and Claude Haw, founder, Venture Coaches, in determining and implementing the strategic direction of the company. Chantry Networks is the provider of the BeaconWorks(TM) family of wireless LAN (WLAN) products - the world's first routed WLAN solution.

"As Chantry grows and expands its market presence, we will continue to add experienced managers to the team, including the Board," said Peter Vicars, president and CEO of Chantry Networks. "As BeaconWorks leapfrogs all existing solutions by offering the first wireless LAN solution to be built around IP routing, we are balancing our technical knowledge with management expertise, ensuring a solid, well-rounded organization rife with a wealth of business experience."

Mr. Pascoe has extensive management and board experience. He is chairman of the board of Anda Networks, a member of Meriton Networks' board, and the technical advisory board of Atreus Communications. He has over 25 years experience in the field of telecommunications networking, including PairGain Technologies as president and CEO, (ADC Telecommunication acquired PairGain Technologies in 2001). In addition, he was president of Newbridge Networks and has held senior positions at Nortel, Rockwell Telecom and Mitel.

Professor Shapiro is a well-known authority on marketing strategy and sales management with particular interests in pricing, product line planning, and marketing organization. He is also the Malcolm P. McNair Professor of Marketing Emeritus at the Harvard Business School where he taught full-time from 1970 to 1997. He continues to teach there in several executive programs. Currently, Professor Shapiro concentrates his professional time on consulting, speeches, boards of directors, and writing.

About Chantry Networks

Chantry Networks is the creator of BeaconWorks, the world's first large-scale routed wireless LAN (WLAN) solution and a Best of Show Finalist at NetWorld+Interop 2003. Offering unprecedented scalability and availability, coupled with unique network virtualization features, BeaconWorks overcomes the obstacles inherent in traditional WLAN systems to provide enterprises and service providers with the first economical and practical solution for building seamless and pervasive wireless networks. Founded in April of 2002, Chantry Networks has offices in Boston and Toronto, and is backed by top-tier investors including Flagship Ventures, Primaxis Technology Ventures, Venture Coaches, and Ventures West.