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EFFICIENT NETWORKS, INC. ANNOUNCES NEW PRESIDENT & CEO

 DALLAS, Aug. 23 /PRNewswire/ -- Efficent Networks, Inc. today announced that Mark A. Floyd has joined the company as president and chief executive officer. Floyd was recently chief operating officer and chief financial officer of NetWorth, Inc., a publicly traded company that develops NetWare optimized intelligent hubs and related networking products. Efficent Networks announced on Aug. 2, the completion of $3.5 million of venture financing with Enterprise Partners, Crosspoint Ventures, and El Dorado Ventures.
 Chase Bailey, founder and chief technical officer said, "Mark is an extremely talented leader and brings to us over 12 years of senior management experience in high technology growth companies. Mark and I have worked together over the years and have been very successful. Mark and I are prepared to make Efficient Networks a leader in the Asynchronous Transfer Mode (ATM) market."
 "I am excited to be a part of Efficient Networks," said Mark A. Floyd. "We are positioned to be the leader in the desktop and low-end server markets for ATM LAN solutions. We have an excellent engineering core team, we are well financed and we have the technical expertise needed to solve the end user problems from the application to the wire."
 Efficient Networks was founded in March 1993 to build low-cost ATM LAN solutions to the desktop to make the end user more efficient and productive.
 -0- 8/23/93
 /CONTACT: Chase Bailey of Efficient Networks, Inc., 214-991-3884/


CO: Efficient Networks, Inc. ST: Texas IN: CPR SU: PER

SM -- NY029 -- 4998 08/23/93 11:02 EDT
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Publication:PR Newswire
Date:Aug 23, 1993
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