SATTEL Global Networks Enters Into Joint Venture Agreement With CAPWIRE Of The Philippines.

Business Editors

CHATSWORTH, Calif.--(BUSINESS WIRE)--Nov. 14, 2000

CAPWIRE TELECOMMUNICATIONS, a Leading PSTN Carrier Headquartered in Manila, Signs a Long-Term Joint Venture Agreement and Takes Delivery of its First Satellite Terminal from SATTEL Global Networks.

Sattel Global Networks ("SATTEL") (OTCBB:SGNW), a manufacturer of satellite systems for public switched telephone and data networks, has signed a five-year joint venture agreement with Capwire Telecommunications, Inc. ("CAPWIRE") of the Philippines.

Under the Agreement, CAPWIRE will install SATTEL satellite terminals at key locations in its nationwide network. The first of these satellite terminals has been shipped to CAPWIRE and will be installed at the Federal Express regional facility in Manila, a CAPWIRE customer. SATTEL's advanced technology will make possible enhanced domestic and international telephone and Internet services to CAPWIRE's extensive customer base.

In addition, SATTEL will provide satellite bandwidth for CAPWIRE's network, and international traffic termination for the network through its Los Angeles traffic hub and worldwide carrier agreements. SATTEL will also provide network administration and technical support services for the network.

SATTEL and CAPWIRE will share net operating revenues generated by the network over the life of the agreement. Based on current and projected traffic volumes and network expansion plans, SGN estimates its share of operating revenues resulting from this Agreement will be in excess of US$50 million over the five-year life of the agreement.

The CAPWIRE network serves an extensive subscriber base through approximately 100 Company installations in the Philippines. CAPWIRE chose SATTEL's technology to improve its network reliability and reduce circuit operating costs. SATTEL's technology and international hub services will help to position CAPWIRE to provide large corporate customers such as Federal Express with modern Internet services. The Agreement benefits SGN as well, by extending its existing international hub and carrier network into new markets in Southeast Asia.

About Sattel Global Networks, Inc.

Sattel builds satellite systems that deliver telephone and data services to remote areas of the world. The company supplies complete solutions for carrier-quality PSTN extensions and Internet access with domestic and international connectivity.

Sattel is the world leader in advanced Demand Assignment Multiple Access (DAMA) technology for public telephone networks. Sattel's networks provide very low cost-per-minute circuits through affordable earth terminals.

Sattel's focus is to seek joint venture network operating agreements with carriers in developing countries, where the carriers provide access to rural markets with minimal competition and high traffic revenue margins. In addition to the satellite equipment sales it has made in 20 countries since its inception in 1985, the Company has entered into joint ventures with major local carriers to implement and operate rural telephone and Internet networks in Guatemala and Africa. Network operating joint ventures in Mexico, Costa Rica and other countries are under negotiation.

For more information on Sattel Global Networks we invite you to log-on to our website at www.sattel.com.

This press release contains forward-looking statements with respect to the results of operations and business which could be materially different from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports to be filed with the Securities and Exchange Commission.