News Release

Pagoo Among First to Receive New Cisco IP Telephony CPN Designation

Pagoo joins program to deliver VOIP software solutions over Cisco IP networks
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Jul 03, 2001

San Francisco - July 3, 2001 - Pagoo, Inc., a leading global provider of IP-based voice applications software and solutions, today announced that it is expanding its relationship with Cisco Systems, Inc., the worldwide leader in networking for the Internet. Pagoo is among the first to receive the new IP Telephony Services designation within the Cisco Powered Network Program for its VoIP solutions based on Cisco network equipment.

Pagoo's solutions enable service providers to use their Cisco IP network infrastructure, which relies on award-winning Cisco AS 5300 voice gateways, to offer traditional and enhanced telephony services to their end-users. Pagoo licenses its Voice-over-IP call control and application layer technology to service providers, including next generation and traditional telecom carriers, ISPs and broadband resellers. With Pagoo's technology, providers can quickly generate additional revenue and increase end-user loyalty with services such as inbound and outbound calling, voicemail, caller ID and "Follow Me" call forwarding.

"Pagoo is very pleased to be a designated provider of IP Telephony solutions to service providers using Cisco IP networks," said Rick Favro, Pagoo President and COO. "The demand for new services is increasing with the VoIP market growing at a stunning rate - 100 percent per quarter - and Pagoo's solutions give service providers what they need to quickly implement the most advanced IP telephony services for their customers."

"By earning this new IP Telephony services designation within the Cisco Powered Network program, Pagoo further differentiates itself in the VoIP market," said Kevin Outcalt, senior director of marketing at Cisco. "By assuring a high degree of service delivery and security, Pagoo will help its service provider customers further increase demand for packet telephony services. "

This program enables IP Telephony Services-qualified Cisco Powered Network members such as Pagoo, Inc. to offer innovative services and achieve growth in profitability by harnessing the power of Cisco's IP Telephony solutions. It also allows them to capitalize on Cisco's expertise, industry leadership, and unparalleled marketing tools and resources. The Cisco Powered Network mark assures users of the service of the highest standards of reliability and security.

About Pagoo, Inc.

Based in the San Francisco Bay Area, with additional offices in London, Milan and Singapore, Pagoo Inc. is a leading global provider of IP-based voice applications software and solutions. Founded in 1997, Pagoo's applications are the first to make VoIP a true alternative to voice over traditional telephone networks. Pagoo gives DSL providers, CLECS, cable operators, ISPs and other service providers around the globe the means to deploy a wide range of branded Internet phone services. Pagoo is a Cisco Powered Network and a member of the Cisco Service Provider Solutions Ecosystem Partner program. Pagoo customers include AT&T WorldNet® Service, and Tiscali, Europe's second-largest Internet service provider. Pagoo is privately held, with company investors including 3i, meVC Draper Fisher Jurvetson Fund I (NYSE:MVC), Hummer Winblad and WestAM. Editors, please contact Antenna Group, Inc.: Jackie D. Flaten at 415-977-1914, or jackie@antennagroup.com. Visit www.pagoo.com for additional information.

Pagoo is a trademark of Pagoo, Inc. All rights reserved.

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