Company Provides Service Providers Advanced Content Delivery And Content Usage-Based Billing Capabilities

SADDLE BROOK, NJ - November 8, 2000 - Apogee Networks, a leading global provider of advanced Content and IP Rating, Billing and Settlement platforms, today announced it has joined the Cisco New World Ecosystem Partner Program. Apogee Networks will work with Cisco New World Ecosystem members to enable service providers with its innovative content usage-based billing technology.

The Internet provides unique challenges for rating and billing. The vast amount of content data that flows daily over the Internet and the exponential growth in end-users provide significant processing and scalability hurdles. The requirements for real-time rating and rapid new service creation also represent significant challenges for billing providers.

By addressing the technological challenges of scalability, real-time rating, content delivery and content usage-based billing as well as rapid service introduction, Apogee Networks' NetCountantTM product line enables members of the Cisco New World Ecosystem Partner Program and their joint customers to rapidly develop and deploy new business and revenue models on a global scale.

"The Cisco New World Ecosystem Partner Program delivers the power of choice to service providers with end-to-end solutions comprised of our members' best-of-breed technologies," said Steve Hoch, director, Service Provider Marketing at Cisco. "Content delivery and usage represent an exciting area of opportunity for differentiated service delivery and we are excited to see companies such as Apogee enhance our Ecosystem program offerings in this area."

Apogee Networks CEO and Founder Pablo Tapia added, "We are delighted to be part of the Cisco New World Ecosystem community. This consortium of cutting-edge companies is bringing about exciting and innovative solutions for today's rapidly expanding Internet marketplace."

Apogee Networks' recently launched its NetCountant Billing and NetCountant Settlement platforms. Progressive Strategies based in New York independently reviewed both solutions. Progressive Strategies' Senior Editor Craig Norris noted, "The NetCountant platforms enables service providers to innovate and launch new service products in hours, as opposed to the months of development and integration that is all too common in the industry."

About the Cisco New World Ecosystem Partner Program

The Cisco New World Ecosystem Partner Program is a community of technology and deployment companies enabling service providers to seize revenue and service opportunities created by the transition from circuit to packet networks. With the ecosystem model, service providers gain efficiency, innovation, and flexibility along with the power to choose from best-of-breed products and services based on open industry standards. Key categories of member focus include OSS/BSS, Voice Applications and Packet Telephony, Broadband Access, and Solution Integration/Deployment. Membership in the Cisco New World Ecosystem is offered to companies that demonstrate leading-edge capabilities and present mutual business opportunities.

About Apogee Networks

Headquartered in Saddle Brook, New Jersey, Apogee Networks, Inc. is the recognized leader in developing and deploying advanced Content and IP Rating, Billing and Settlement solutions for IP Content Distributors, ASPs, ISPs, Carriers, Wireless Internet Providers and Enterprise customers. Apogee Networks' NetCountant product line provides full end-to-end content, revenue settlement and IP billing capabilities. Uniquely, NetCountant Billing providesreal-time billing, flexible service creation and high scalability to meet the challenges of rapid customer growth. Apogee Networks' NetCountant Content Collection and NetCountant Settlement platforms provide advanced IP Content aggregation, processing, and revenue settlement capabilities for Content Distributors. NetCountant Accountability provides Global 2000 Enterprise and IP Network customers with the capability to better manage and allocate IP usage thereby realizing significant bandwidth cost savings. NetCountant Performance provides Global IP Networks with advanced measurement and diagnostic capabilities that increase overall network performance. The company's product recently was awarded Networld+Interop's Best-of-Show Award. Apogee Networks is a Charter member of the Internet Protocol Detail Record (IPDR) Association.

Apogee Networks investors include Fidelity Ventures Limited, Granite Ventures, Oak Investment Partners, INTEL, BBVA, Net One Systems Co., Ltd., CTC, and several private investors. For additional information about Apogee Networks, please call 1-888-APOGEE3 (276-4333), 1-201-368-8800,or email info@apogeenetworks.com or visit us at http://www.apogeenetworks.com.