Today's Investor features WARP 10 Technologies; the company with the fastest high-speed networking systems for business applications.

NEW YORK--(BUSINESS WIRE)--April 11, 1996--Keep your eye on this Company. WARP 10 Technologies, Inc. (NASDAQ: WARPF 10 7/8; CDN: WARP C15) just signed a vertical marketing alliance with Newbridge Networks Corporation (TSE: NNC C68 1/4; NYSE: NN 50 1/4) to collaborate its marketing and sales programs and "explore future product development to the service intensive and time sensitive graphics, entertainment and multimedia industries." These companies both have advanced labor- and cost-saving communications technologies which will completely revolutionize the way these industries are currently doing business.

Newbridge is a worldwide market leader in the design, manufacture and servicing of networking products and systems for organizations in 75 countries, including the world's 200 largest telecommunications service providers and more than 10,000 corporations, government organizations and other institutions. Newbridge products are based on ATM, or asynchronous transfer mode technology, originally developed for wide-area networks; Fiber Channel; and 100-Mbps Ethernet, which has only been around since 1993.

WARP 10 Technologies, Inc. is an emerging growth company which has spent two years developing its proprietary system of hardware and software components, which are also based on an ultra high-speed ATM technology. The Company's first product, WarpNET, is a value added network that permits all forms of computer files (voice, fax, video, and data) to go from one computer to another at the speed of light. According to the Company, a typical computer file of 100 megabits of information now takes approximately 1 1/2 hours to transmit over a standard Integrated System Digital Network (ISBN) line; WarpNET can transmit the same file in approximately eight seconds through the same fiber-optic cable networks now used by telephone and cable-TV companies.

In addition to being ultra fast, WARP 10's technology saves money in time and labor, a plus in these highly competitive industries. By using ATM technology as its standard, WarpNET does not require the expensive switch and access equipment to communicate on a WAN network. WARP 10 strategically priced its system at about one-seventh the cost of a switch box to make it even more attractive to the businesses it is initially targeting in the graphics, multimedia and entertainment industries.

Rogers Network Services

Before it announced its alliance with Newbridge, WARP 10 had already entered into an agreement, this past November 1995, with Rogers Network Services, a division of Rogers Cablesystems Limited (RCL). RCL is a wholly owned subsidiary of Rogers Communications, Inc. (NYSE: RG 9 3/8). Under the agreement, Rogers Network has been named WARP 10's "Vendor of Choice" in providing ATM Access to WARP 10 customers. As Marvin Igelman, President and CEO of WARP 10, said, "With Rogers as our vendor, we have a major opportunity to provide our ATM solution to those who require ultra-high speed communications at an affordable price." RCL is the largest cable provider in Canada and the first to deliver affordable ATM solutions in select cities across Canada beginning with Ottawa, Toronto, and Vancouver. The Company's plan is to set up mini-networks in other cities and then to connect them together, eventually creating one large virtual network using its hardware and software.

Advantages

"What this means to our clients," said Igelman, "is that we can hook up different local area networks (LANs) where the designer at home can make changes to his or her work over our network and print a proof on the client's color copier or other output device. This way, the client can look at it and make changes with the designer on-line using video-conferencing capabilities where they can see each other, instead of incurring delays sending computer disks and hard copy printouts by courier and overnight mail for review, changes and approval. Our product, WarpNET, ensures more time for the creative process and producing the end product on schedule."

"Our niche is time-sensitive, data-intensive, deadline- oriented kinds of businesses," said Dave Wraxall, Vice President. "Using the graphics industry as an example, the typical firm contracts out to four other companies for photoscanning, photo editing, design and output. With WarpNET, these companies can be linked by computers in a wide area network (WAN) on an existing fiber optic network without the need for switches on site. The types of businesses we expect our products to attract are those who are more interested in the productivity issues or functional requirements. Considering that even very modest businesses are spending a couple of grand every month on couriers, we believe our state-of-the-art products can reduce those costs and make them more competitive."

The Industry

"We believe business is moving things faster over networks and moving toward multimedia presentations. Networking and communications are going to be very, very hot topics. WARP 10 decided to go directly to ATM and fiber instead of ISDN or any of the other familiar technologies to make our product faster and more affordable," said Igelman. "We have built-in compatibility with existing technologies to bridge two local area networks over fiber. We hope to be the leading company with ATM and plan to integrate it so that businesses today can take advantage of the information highway. They can increase their productivity because they are getting the proper services and making sure you're communicating effectively with the parties of your choice. We will be at the forefront of that technology."

The Future

WARP 10 has not yet begun to generate revenues, but it has kept its developmental costs low. For the six months ended January 31, 1996, the Company reported a net loss of $1,300,710, or $0.06 per share, compared with $157,776, or $0.01 per share, for the same period in 1995. BusinessWeek's "Inside Wall Street" column, commenting on the pact between the then unnamed New York Stock Exchange listed global maker of networking systems and WARP 10, quoted Richard Geist, an investment advisor, as saying that the "pact should drive WARP 10's earnings to $0.30 a share in the year ending January 31, 1997, and to $1 a share in fiscal 1998, up from an estimated $0.01 in fiscal 1996..."

WARP 10 is confident of its future. It is positioning itself with its partners to achieve significant market share in chosen niche markets and banking on the practicality of businesses to be state-of-the-art in order to be competitive. Marvin Igelman, President of WARP 10, said it best, "If your back's to the wall and you're in danger of losing a client and hundreds of thousands of dollars of income, what would you pay for that extra hour and a half?" -0- Editor's Note: For more information contact Investor Relations at [phone].

CONTACT: Advantage Capital

Steve Hanson, Investor Relations, 604/669-3350