Telecommunications Leader Siemens Extends e-Business Strategy for HiPath Through telezoo.com's e-Marketing and Procurement Platform.

ARLINGTON, Va. -- telezoo.com, the Internet's first telecommunications marketing and procurement platform for the enterprise and carrier markets worldwide, today announced an agreement to market Siemens' telecommunications solutions through the telezoo Web platform. The agreement, which is part of Siemens' ongoing "eTransformation" effort to accelerate its enterprise and B2B processes, is designed to provide the electronics and electrical engineering giant further market reach into the mid-market, particularly in North America.

"Siemens' leadership in IP convergence for the enterprise has positioned the company as one of the world's premier suppliers of voice and data networks," said Giulio Gianturco, president and CEO of telezoo.com. "The agreement with Siemens will give telezoo buyers access to an e-business-savvy market leader that offers cutting-edge telecom solutions for their every business need, in every conceivable market, quickly and efficiently."

"telezoo offers companies an excellent vehicle to market and sell via the Internet," said Mark Straton, senior vice president of global marketing at Siemens Enterprise Networks LLC, a subsidiary of Siemens AG. "In telezoo, Siemens sees the opportunity to rapidly and cost-effectively market products bid for contracts globally. Like most telecommunications companies, we are under pressure to justify every penny we spend on marketing, and telezoo allows us to optimize our processes while not sacrificing in terms of reach or, obviously, creativity," Straton continued.

Siemens HiPath products, services and solutions available through the telezoo Web platform include IP-based solutions for converging voice and data networks, network management and switching solutions. Through telezoo's proprietary RFP/RFQ processes, enterprise, carrier and public sector buyers worldwide can research and receive customized Siemens networking solutions for their expanding business needs, directly from Siemens' sales force.

About Siemens HiPath enterprise convergence architecture

Siemens HiPath enterprise convergence architecture allows companies to implement new convergence technologies in voice and data infrastructures in line with their specific requirements, while protecting existing capital investments. A comprehensive portfolio of new IP communication solutions is available. Siemens delivers industry-leading applications, including those within the HiPath ProCenter(R) customer interaction and HiPath(TM) messaging and mobility portfolios of solutions, across both circuit-switched and IP platforms. Further information on HiPath products can be found at http://www.siemensenterprise.com/ .

About Siemens Information and Communication Networks

Siemens Information and Communication Networks Inc. (ICN) is a leading provider of integrated voice and data networks and solutions for enterprises, carriers and service providers. Based in Boca Raton, Fla., Siemens ICN's subsidiaries include Siemens Carrier Networks LLC, Siemens Enterprise Networks LLC and Optisphere Networks Inc. Complementing these businesses is Unisphere Networks Inc., a Siemens affiliate that is a leading provider of IP infrastructure products to enable broadband data and voice services. For more information: http://www.icn.siemens.com/ .

Siemens AG , headquartered in Munich, is a leading global electronics and engineering company. It employs over 460,000 people in 193 countries, and reported worldwide sales in excess of $78 billion in fiscal 2001 (10/1/00 - 9/30/01). The United States is Siemens' largest market, with 85,000 employees and sales of more than $18 billion in fiscal 2001. Siemens is a leading provider of advanced technology solutions in the information and communications, medical, power, automation and control, transportation and lighting sectors, and leverages its global network of innovation and unparalleled technological heritage to deliver business results for Siemens' customers around the globe.

NOTE: ProCenter is a registered trademark and HiPath is a trademark of Siemens AG. All other company, brand, product, and service names are trademarks or registered trademarks of their respective holders.

About telezoo.com Corporation

telezoo.com is the Internet's first marketing and procurement platform to provide telecommunications and networking equipment manufacturers and service providers with Web-based solutions to proactively increase consideration rates worldwide and expand market share into the mid-market. Clients gain access to this mid-market via telezoo's proprietary ZooCommerce(TM) platform which hosts an intelligent suite of proactive marketing, procurement and business intelligence tools used to penetrate the critical stages of the buying cycle and condense the sales cycle. telezoo reaches technology procurement professionals globally through strategic distribution partnerships with the leading, online trade publications, including CMP Media's Network Computing and Internet Week, EMAP Communications' Total Telecom, and PBI Media's TelecomWeb Network. The Company, headquartered in Arlington, VA, is privately held, and can be reached at http://www.telezoo.com/ .

Any statements in this document that are not historical facts are forward- looking statements that involve risks and uncertainties; actual results may differ from the forward-looking statements. Siemens AG undertakes no obligation to publicly release the results of any revisions to these forward- looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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Contact: Sharmine Namazi-Narwani of telezoo.com, [phone], ext. 220, [e-mail]; or Suzanne Crow of Siemens Corporation, [phone], [e-mail]

Website: http://www.telezoo.com/ http://www.siemensenterprise.com/ http://www.icn.siemens.com/