Siemens Sp. Z.o.o. Signs Value Added Reseller Agreement with Terawave Communications.

HAYWARD, Calif. -- Terawave Communications Inc., a worldwide leader of converged access solutions, announced today that it has signed a VAR (Valued Added Reseller) agreement with Siemens Sp. Z.o.o., Polish local subsidiary of Siemens A.G. Under the terms of the agreement, ICN Poland (Information and Communications Networks of Siemens Poland) will incorporate Terawave's FTTP converged access products to the solutions it develops and implements for its customers.

"We are proud to have Siemens Poland as part of our VAR family," said Ray Lin, CEO of Terawave Communications. "Customers will benefit from the synergy of Terawave's FTTP technology and the extraordinary experience and product offering brought by a worldwide telecommunications leader like Siemens."

About Siemens Sp. Z.o.o.

Siemens Information and Communication Networks (ICN) in Poland is a representative of Siemens A.G. in the area of end-to-end IT/telecom solutions for fixed networks.

ICN designs and builds complete IT/telecom networks and systems ranging from voice and data transmission systems, applications, and services. These services and equipment offered by ICN are tailored to the individual needs of the customer. By utilizing their expertise, and the complementary solutions from other suppliers, ICN is able to offer end-to-end "turnkey" solutions covering all phases of the project, from design to execution. These projects are backed by Siemens guarantee of the reliable integration of the systems and installations deployed by their specialized sales and service network.

ICN has implemented several key innovative projects using the state-of-the-art IT solutions, designed for TPSA, and Telefonia Dialog in the public network sector, and for the Internet services ICN has developed solutions for NASK, and Telbank. In addition, the ICN solutions can be found in business, enterprises, and in the public sector with companies like the Stock Exchange Center, Opel Gliwice, the PLL LOT airlines, Warsaw University, Jagiellonski University of Krakow, National Bank of Poland, and the PKO S.A. Bank.

About Terawave Communications

Terawave Communications is a leading manufacturer of next generation converged access solutions for service providers, MSO, government and enterprise customers. The Terawave family of products provides multiple networking technologies such as PON, GigE, SDH and SONET. Terawave also supports a comprehensive suite of networking protocols such as IP, MPLS and ATM. The Terawave portfolio supports TDM services, IP VPN services, advanced video solutions and telemetry services.

Terawave's unique modular or fixed configuration platforms enable the most cost effective aggregation of voice, video and data on a single network access point. The Terawave Management System (TMS) provides state of the art management services that give our customers the ability to deliver services and bandwidth on demand, while minimizing time to market, reducing capital and operating expenditures.

Terawave Communications is delivering carrier grade business, military, distance learning, video and FTTP solutions to over 60 service providers on 5 continents. For further information, visit the company web site at www.terawave.com.