Class Action Suit Filed Against Network Computng Devices and its Officers and Directors, Alleging Misrepresentations, False Financial Statements and Insider Trading.

SAN DIEGO--(BUSINESS WIRE)--April 11, 1996--A class action has been commenced in the California Superior Court for Santa Clara County by plaintiffs Robert Maizel and Edward Glickstein on behalf of purchasers of Network Computing Devices Inc. ("Network") common stock during the period February 2, 1995, to March 21, 1996.

The complaint charges Network and certain of its officers and directors with violations of the California Corporations and Civil Codes by making misrepresentations about Network's business, earnings growth and financial statements and its ability to continue to achieve profitable growth.

By issuing these allegedly false and misleading statements, defendants artificially inflated Network's stock price from $4 on January 31, 1995, to a Class Period high of $12 in August 1995, allowing Network's top insiders to sell or otherwise distribute 1,873,295 shares of their Network stock at as high as $9 5/8 per share, for $14.6 million, before the true facts about Network's troubled operations, diminished profitability, false financial statements and failed new product development efforts were revealed and Network's stock collapsed to as low as $3 3/4 per share.

Plaintiffs who have sued seek to recover damages on behalf of all purchasers of Network common stock during the Class Period (the "Class"). They are represented by several law firms, including Milberg Weiss Bershad Hynes & Lerach LLP, who have expertise in prosecuting investor class actions and extensive experience in actions involving financial fraud.

Milberg Weiss has been actively engaged in commercial litigation, emphasizing securities and anti-trust class actions, for more than 20 years. The firm has offices in New York, San Diego, San Francisco and Los Angeles and is active in major litigations pending in federal and state courts throughout the United States.

The firm's reputation for excellence has been recognized on repeated occasions by courts which have appointed the firm to major positions in complex multi-district or consolidated litigations. Milberg Weiss has taken a lead role in numerous important actions on behalf of defrauded investors, and has been responsible for a number of outstanding recoveries which, in the aggregate, total approximately $2 billion.

If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiffs' counsel, William Lerach or Darren Robbins of Milberg Weiss at 619/231-1058.

CONTACT: Milberg Weiss, San Diego

William Lerach, 619/231-1058