Network Equipment Technologies Schedules Press Release and Conference Call for Second Quarter Fiscal 2008.

FREMONT, Calif. -- Telecommunications equipment maker Network Equipment Technologies, Inc. (NYSE:NWK), announced today that it intends to report second quarter fiscal 2008 financial results after the end of regular trading on Wednesday, October 31, 2007. At that time, a copy of the earnings release will also be available under the Investor Relations section of the Company's website.

The earnings release will be followed by a conference call available to all interested parties. The conference call will begin at 5:30 p.m. ET. Please dial [phone] or [phone] and provide conference ID# 24822029 to access the call. The conference call will also be broadcast from the Company's website.

A recording of the conference call will be provided by telephone and the internet beginning two hours after completion of the call. The replay may be accessed by telephone through midnight on November 7, 2007; please dial [phone] or [phone] and enter conference ID# 17079926. A digital recording will be available on the Company's website for one year.

About Network Equipment Technologies, Inc.

For nearly a quarter of a century, Network Equipment Technologies, Inc. (NET) has provided voice and data communications equipment for multi-service networks requiring high degrees of versatility, interoperability, security and performance. NET's broad family of products are purpose-built for mixed-service, multi-protocol networks; bandwidth-sensitive site communications; high performance, security-sensitive transmissions; and converged communications. The Company's NX (network exchange) and VX (voice exchange) products enable interoperability and integration with existing networks for seamless migration to secure IP-based voice and data communications.