Corporate Profile for Apogee Networks, Inc., dated April 5, 2002.

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Published Date:   April 5, 2002

Company Name:     Apogee Networks, Inc.

Address:          Park 80 West Plaza II, Saddle Brook NJ 07663
                  NOTE:  As of 22 April address will be: 1455
                  Broad Street - Bloomfield, NJ 07002

Main Telephone
 Number:          201/368-8800

Internet Home
 Page Address
  (URL)           (URL): http://www.apogeenetworks.com/

Chief Executive
 Officer:         Pablo Tapia

Chief Financial
 Officer:         Craig Huke

Investor Relations
 Contact:         Craig Huke
 Business number: 201/368-8800

Public Relations
 Contact:         John Sacke
 Business number: 416/218-1102

Industry:         Network Management

Company description: Headquartered in northern New Jersey, Apogee Networks developed and markets the industry's first comprehensive usage-based bandwidth accounting and chargeback solution. Apogee Networks' CEO and Founder Pablo Tapia based the company's vision on the premise that most enterprise networks lacked the ability to manage network costs and needed a way to bill back actual bandwidth consumption on the corporate network to the end user. First introduced in 1998 NetCountant(R) Accountability Solutions remain the only usage-based accounting capability successfully deployed in enterprise-wide environments such as education, entertainment, government, financial services, pharmaceuticals, petrochemicals and telecommunications.

A winner of several prestigious industry awards, Apogee Networks includes numerous Fortune 1000 companies and leading educational institutions as its customers. Apogee Networks has enabled large global Enterprises to gain greater control of rising IP network costs, thereby enabling CIOs and CFOs to implement "best practice" accounting decisions for Data/IP network, storage, application and Internet usage and allocation, as well as increased visibility into the financial performance of the network.

The Apogee Networks solution is the industry's first platform that enables enterprises to process millions of daily events, collect directly from network elements and provide a complete rating and bill presentment solution. The NetCountant Accountability solution is well received and is now successfully operating in many of the world's largest networks, including British Telecom, Texaco, Fidelity, CSC, and others. Moreover, the NetCountant Accountability platform has received numerous industry awards for both its innovation and the significant positive impact that it has had on reducing overall network expenditures.

NetCountant Accountability Solutions differ from other billing platforms in that they integrate directly into the fabric of the network. A key component of the NetCountant platform and a fundamental difference from other approaches to the problem is that it has a content collection mediation engine that collects directly from all relevant network equipment. Thus, the platform is integrated with EMC storage devices, probes devices (Sniffer, NetScout, RMON 2, Cisco NetFlow, etc.), and applications like e-mail and Lotus Notes, etc. This ubiquity of equipment integration provides the customer with the highest level of utility and access to the full range of the product's capabilities.