SiNett Named As Finalist of EDN Magazine's 16th Annual Innovation of the Year Awards.

SUNNYVALE, Calif. -- SiNett Corporation, developer of groundbreaking silicon and software for next-generation network infrastructures, today announced that its OneEdge Switch Processor for unified wired and wireless networks was selected from a field of hundreds as a finalist for this year's EDN Innovator/Innovation Awards. SiNett is listed as a finalist in the magazine's February 2nd issue, as well as online at http://www.edn.com/index.asp?layout=InnovationAwardsComp&year=2005. Instituted in 1990, the Innovation Awards honor the people, products and technologies that have shaped the semiconductor industry over the past year.

Shiri Kadambi, SiNett's co-founder, president and CEO, said, "OneEdge's innovative design enables the development of next generation enterprise network edge equipment that is far superior to the multi-chip based products that are in the market today. Being recognized as an 'Innovator' by EDN validates the market demand for purpose-built solutions that address these next generation wired and wireless networks, and it is an honor to be named for that accomplishment."

Built from the ground up to unify wireless and wired enterprise network architectures, OneEdge's single-chip design provides high-performance wireless and wired packet processing, robust security, advanced mobility and sophisticated traffic management. OneEdge's purpose-built silicon combines comprehensive features, significant performance and cost advantages over existing solutions, and enables network equipment manufacturers to quickly develop next generation Unified Access switches, WLAN switches, and WLAN appliances/controllers.

"The advancements that distinguish the finalists in the annual EDN Innovation program may seem subtle -- minimally lower power, a slight reduction in cost, the ability to discern a faster signal, or the gateway to new semiconductor processes," states EDN Editor-In-Chief Maury Wright. "Yet those subtleties represent hard-won engineering victories that make all the difference in the latest compelling consumer products, computers, and communication systems. I congratulate all of this year's finalists for advancing the state-of-the-art in everything from discrete components to processors to chip-design tools."

In the next few weeks, EDN's worldwide audience of electronics engineers and engineering managers will use an online ballot to select the ultimate winners from among the finalists. EDN's editorial staff and Editorial Advisory Board also take part in determining the final winners. To cast a vote for SiNett, please go online to http://www.edn.com/index.asp?layout=InnovationAwards&year=2005 and find them in the "Communications IC" category. Winners will be announced at a ceremony on April 3, 2006 in San Jose.

About EDN/Reed Business Information

Known as the "Voice of the engineer," Waltham, MA-based EDN serves the vital information needs of design engineers and engineering managers worldwide. The EDN franchise includes EDN, EDN Europe, EDN Asia, EDN Australia, EDN China, EDN Japan, and EDN.com. EDN is published by Reed Business Information (www.reedbusiness/us.com), the largest business-to-business publisher in the U.S. and a member of the Reed Elsevier Group plc (NYSE:RUK)and (NYSE:ENL) -- a world-leading publisher and information provider operating in the science and medical, legal, education and business-to-business industry sectors.

About SiNett Corporation

Founded in 2002, SiNett Corporation develops leading edge packet processing silicon and software for network OEMs targeting next-generation network infrastructures. With a track record of success in building valuable products and companies, SiNett's executive and technical teams have won the support of top-tier prospective customers and blue chip investors, including Alliance Ventures, Clearstone Venture Partners and Matrix Partners. For more information, visit SiNett's website at www.sinett.com or call the company directly at [phone].