Osicom's GigaMux EPC Wins Data Communications 1999 HOT PRODUCTS Award.

SANTA MONICA, Calif.--(BUSINESS WIRE)--Jan. 11, 1999--Osicom Technologies, Inc. (NASDAQ:FIBR), a market leader in Metro DWDM (Dense Wave Division Multiplexing), today announced that its GigaMux(TM) EPC(TM) (Electric Photonic Concentrator) has been designated one of the 50 winners in the Seventh Annual Data Communications HOT PRODUCTS competition. Osicom's EPC enables a typical 2.5 Gbps 32-channel Metro DWDM system to deliver 512 subdivided channels. This allows customer premise equipment (CPE), such as Fast Ethernet switches and routers, to bypass costly SONET equipment and connect directly to a DWDM system. Considering that the average enterprise user today does not require a full 2.5 Gbps connection, Osicom's EPC enables CLECs and other metro service providers to sell DWDM-based serv Area Networks (MAN).

The editors of Data technology differentiator that sets them apart finners were selected in the following categories: IP Tools, Internetworking, WAN Services, Networks Software, WAN Gear, Security, Network Management/Analysis, LAN Gear and Carrier-Class Equipment.

"The 'HOT PRODUCTS' award is a significant endorsement of a new product or service's 'promise' in terms of the technological advancement or enhancements it intends to provide to networking professionals," according to Data Communications editor in chief, Lee Keough. "Data Communications readers, who design, build and manage the world's largest networks, recognize and respect the HOT PRODUCTS logo and use its distinction to help them make critical purchase decisions."

"EPC is a necessity for wide-spread deployment DWDM systems in Metropolitan Area Networks," explained Osicom president Dr. Xin Cheng, a pioneer in photonic networking. "The overwhelming majority of all originating corporate data traffic is Ethernet based and converting it to SONET for transport adds cost, complexity, and latency. EPC eliminates such costly SONET aggregation equipment and brings DWDM technology closer to the end-user equipment."

Osicom's executive vice president of worldwide sales and marketing Artie Trakas commented, "We are very pleased that the editors of Data Communications have chosen EPC as one of the winners of its 1999 HOT PRODUCTS. We are equally excited about the high-level of interest EPC has generated in the press, as well as among a significant number of the 77 plus companies currently evaluating our GigaMux product. This interest in EPC stems from the promise of greater utilization and efficiency of the entire network achieved by bringing an optical connection down to the individual corporate customer, resulting in increased potential revenues and lower capital expenditures for telecom service providers." Trakas added, "The benefits of deploying EPC will help us capture a significant share of the fast growing metro DWDM market, as well as open up new opportunities for our GigaMux product."

Founded in 1972 as the world's first networking publication, Data Communications has been covering the enterprise networking market for over 25 years. Data Communications is part of the Business Technology Group at CMP Media Inc.

GigaMux Product Family

Osicom's GigaMux line of DWDM transforms a single fiber from a dedicated, single-application medium into a versatile conduit capable of simultaneously transporting up to 32 independent optical channels. It increases the total bandwidth of a single fiber from 2.5 Gbps to 80 Gbps. GigaMux supports fault tolerant DWDM rings as well as point-to-point network configurchnology provides 512 sub-channels with direct onterconnection of high-speed data and telecom equipment, such as multi-gigabit switches and routers, in camprrier to widespread deployment of IP telephony aexisting data and telecommunications networks. Trt industry standards. The Company's flagship p7710.

Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including without limitation the company's ability to develop, produce, and market products that incorporate new technology on a timely basis, that are priced competitively and achieve significant market acceptance; higher expenses associated with the development and marketing of new products; changes in product mix; risks of dependence on third-party component suppliers; inventory risks due to shifts in market demand; the presence of competitors with broader product lines and greater financial resources; intellectual property rights and litigation; needs for liquidity; and the other risks detailed from time to time in the company's reports filed with the Securities and Exchange Commission.

GigaMux, EPC and DWDN are trademarks of Osicom Technologies, Inc.