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Osicom Technologies Appoints James M. Dixon as President and Chief Operating Officer.

Business Editors

SANTA MONICA, Calif.--(BUSINESS WIRE)--Oct. 24, 2000

Company Attracts Industry Veteran and Former Nextel EVP to

Solidify Osicom as the Leading Metropolitan Optical Networking

Provider

Osicom Technologies, Inc. (Nasdaq:FIBR), which through its wholly-owned subsidiary Sorrento Networks, Inc., is a leading developer and marketer of end-to-end optical networking solutions for metropolitan and access networks, today announced the appointment of James M. Dixon as President and Chief Operating Officer of Osicom Technologies.

Dixon, currently the Chairman of Aeris.net South America, formerly served as Executive Vice President of Nextel and President of Digital Mobil Networks. During his tenure at Nextel/Digital Mobil Networks, Dixon was responsible for the worldwide development of Nextel's Digital Mobile Networks and technologies.

"We are pleased to bring Jim aboard at such a critical time in our company's history, as we continue to grow our business in response to increasing opportunities in the marketplace," said Dr. Xin Cheng, Osicom Chairman and Chief Executive Officer, who also stated: "Jim's public company experience, and his considerable experience in the development of digital mobile networks, both here and abroad, as well as his successful track record of deploying and operating a nationwide cellular network with several major mobile telephone switching centers, are highly leveragable skills that will benefit us greatly as we solidify the position of Sorrento Networks as the leading metropolitan optical networking provider."

Prior to his roles at Nextel/Digital Mobile Networks, Dixon served as Vice President of Fleet Call, which later became Nextel. In this capacity, he was responsible for building a new division to deploy the Motorola-MIRS network in Los Angeles, San Francisco and Sacramento. This project involved the development and operations of a wireless telecommunications network based on Motorola's newest digital technology.

Previously, Dixon served as Senior Vice President of McCaw Cellular Communications. Dixon entered the wireless communications industry as the first President of Cellular One San Francisco (Bay Area Cellular Telephone Company). Prior to that, he spent fifteen years in the telecommunications switching industry with ITT and Harris Digital Telephone Systems.

Dixon received an MBA from Pepperdine University. He served in the US Army from 1968 to 1971, where he distinguished himself as a decorated combat pilot in Vietnam.

About Osicom Technologies

Osicom Technologies Inc. is a developer and marketer of metropolitan optical networking systems, through its optical networking subsidiary Sorrento Networks. For more information about Osicom Technologies, please visit www.osicom.com.

About Sorrento Networks

Sorrento Networks has been a provider of all optical networking solutions that are used in both interoffice and access networks since 1997. Sorrento Networks, Inc. products are successfully deployed at numerous customer sites in North America, Europe and Asia.

Sorrento Networks' products are specifically designed to meet the requirements of the Metropolitan market, supporting a wide variety of protocols, network traffic speeds and changing traffic patterns. Sorrento Network's products' small footprint allows service providers to offer a wide variety of services from the same platform including aggregation, transport, switching and management.

Sorrento's ultra scalable carrier class products are manufactured to meet all key industry certifications. These products offer customers an optical end-to-end solution that improves bandwidth utilization and reduces network costs and complexity. The products provide a migration path from ring and point-to-point topologies to the mesh architecture of next generation networks.

Sorrento Networks is headquartered in San Diego, California. Recent news releases and additional information about Sorrento Networks can be found at www.sorrentonet.com.

Forward-Looking Statements

Except for historical information contained herein, the matters discussed in this release are forward-looking statements that involve risks and uncertainties. Words such as "plans," "expects," "intends," and variations of such words and similar expressions are intended to identify such forward-looking statements. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The occurrence of actual events may differ materially due to a variety of factors, including without limitation the following: (1) unanticipated technical problems relating to Company's products; (2) the Company's ability, or lack thereof, to make, market and sell optical networking products that meet with market approval and acceptance; (3) the greater financial, technical and other resources of the Company's many, larger competitors in the marketplace for optical networking products; (4) changed market conditions, new business opportunities or other factors that might affect the Company's decisions as to the best interests of its shareholders; and (5) other risks detailed from time to time in the Company's reports filed with the U.S. Securities and Exchange Commission.
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Publication:Business Wire
Geographic Code:1USA
Date:Oct 24, 2000
Words:753
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