Teknovus Appoints Vice Presidents of Sales and Operations; Company Significantly Expands Infrastructure to Manage and Fuel Growth.

PETALUMA, Calif. -- Teknovus, Inc., the leading provider of the only proven, triple-play (voice, data, video) EPON chipsets for high-bandwidth broadband access, today announced the appointments of David Coakley as Vice President of Operations, and John C. Mein, Vice President of Sales. These executive hires follow another year of dramatic growth for the company, with sales doubling every year since the company's inception.

Teknovus is shipping in volume the only fourth-generation, proven EPON chipset - available today - with the features and performance to enable fast, easy-to-deploy, and low-cost triple-play solutions for fiber-to-the-home (FTTH) at 1000 times the bandwidth of traditional DSL.

As Vice President Operations, David Coakley brings 20 years experience specializing in technology, manufacturing and operations management, for which he has successfully developed and implemented procedures to streamline production, increase yields, and reduce cost of operations. Mr. Coakley most recently was the Vice President of Operations for Chip (X), where he executed the transition to a fabless manufacturing model and lowered operational costs for the company. He served as the Vice President of U.S. Wafer Fab Operations at Readrite, where he implemented processes to increase line yields, add 30 percent fab capability, and reduce manufacturing cycle times by 40 percent. As Vice President of Wafer Fab Operations for Xicor, he successfully contributed to nearly two years of company profitability through yield and cost efficiencies. Mr. Coakley holds a BSc degree in physical electronics from Newcastle Polytechnic.

As Vice President Sales, John C. Mein is chartered to grow the company's business by expanding its worldwide distribution infrastructure to support the ever-increasing demand for EPON chipsets. Throughout his 20-year career, Mein has excelled at introducing innovative and streamlined processes to increase sales effectiveness and reduce sales cycles. Most recently, Mein served as Vice President, Worldwide Sales at Quake Technologies, Inc., where he built the sales force and grew the company into a multi-million dollar operation. He also served as Vice President, Worldwide Sales at Galileo Technology/Marvell Technology, where he grew sales from $1 million to $110 million and helped take the company public. Mein has held positions at Fujitsu Microelectronics, VLSI Technology, Integrated Device Technology and Texas Instruments. He earned a MSEE at Stanford University and BSEE at Kansas State University.

"Both David Coakley and John Mein bring highly valuable, proven skill sets to Teknovus to support the company's high-growth phase. Geared to succeed in the marketplace, both are well seasoned in their respective fields for growing businesses and for developing and managing scalable infrastructure processes," said Dr. Rex Naden, president and CEO of Teknovus. "Our customers include the top-tier service providers and equipment vendors worldwide, and these appointments reaffirm the company's commitment to continue leading the global deployment of EPON chipsets for fiber-optical broadband networks."

About Teknovus

Teknovus delivers the only, fourth-generation, proven EPON chipset for fast, easy-to-deploy, and low-cost triple-play (voice, data, video) broadband access via optical fiber networks. The Teknovus EPON chipset is fundamentally changing the way broadband access networks are designed and deployed, including their ability to improve transport capacity, optimize fiber infrastructure, provide management capability, integrate broad service functionality, and reduce the cost of optical access. To learn more about Teknovus, or the company's investors, see www.teknovus.com.