Crosspoint Congratulates Companies Named On Red Herring's Top 100; Juniper Networks, Telseon, Tropian, Voxeo Ranked Among Top Technology Firms Worldwide.

Business Editors

WOODSIDE, Calif.--(BUSINESS WIRE)--April 24, 2001

Crosspoint Venture Partners' congratulates the four companies in its portfolio named among the most important technology companies in the world in this year's Red Herring 100, an annual list compiled by the editors of Red Herring magazine. Crosspoint portfolio companies Juniper Networks (NASDAQ:JNPR), Telseon, Tropian and Voxeo were selected based on execution of sound strategy, quality of management and financial performance in the May 2001 special issue. Amidst the shifting economic climate and innovation boom, these private and public companies emerged as the frontrunners in technology, "disrupting existing markets or creating new ones altogether," states the publication.

Rich Shapero, managing partner for Crosspoint Venture Partners commented, "These companies reflect the innovation, foresight and drive necessary to build sustainable technology companies that meet real customer needs. This innovation, combined with strong operational leadership is the foundation of these companies' growth. We are pleased to have quality companies such as these in our portfolio, and look forward to their continued success."

In its fifth year, the Red Herring 100 is comprised of the top 100 technology companies chosen by the magazine's editors. The four Crosspoint investments were selected based on their "innovative and defensible technology" that lays the groundwork for the next technology generation. The companies represent critical segments of technology evolution. They are providing essential solutions for business customers today and will continue to meet their needs and drive innovation in the future.

Juniper Networks invents and produces IP routers that swiftly moves data through an optical network. This is the third consecutive year for Juniper Networks, www.juniper.net, to be included on the list and is seen by Red Herring as 'a fierce challenger to Cisco,' reshaping the optical networking landscape. Telseon, www.telseon.com, offers optical network services to enable companies to break the bandwidth bottleneck in the metropolitan area. Telseon works with co-location centers that host Internet operations to speed the flow of e-business information. Tropian, www.tropian.com, is enabling manufacturers to offer wireless voice and high-speed data devices globally. Finally, Voxeo, www.voxeo.com, is a privately held company that links telephone and Internet infrastructures to enable voice-activated Web services.

About Crosspoint Venture Partners

Crosspoint Venture Partners, (www.cpvp.com), a leading early-stage venture capital firm, leverages its base of $2 billion to provide the financial means and strategic guidance that enables development and growth of important new enterprises. The firm focuses on two emerging market segments: B2B, including Vertical Service Providers, Collaborative Commerce Networks as well as the Communications Infrastructure segment. Crosspoint's portfolio has achieved record returns with landmark investments in Ariba, Inc., Avanex Corporation, Brocade Communications Systems, Covad Communications, Digital Island, Inc., Efficient Networks, Inc., Foundry Networks, Inc., and Juniper Networks, Inc. Formed in 1970, the company has offices in both Woodside and Irvine, Calif.; and can be reached at 650/851-7600 or [e-mail].