Press Release

Laurel Networks® Signs Reseller Agreement with Telindus UK

Agreement covers marketing, sales and support of Laurel® ST-series™ routers

Pittsburgh, PA, March 29, 2005 - Laurel Networks® Inc. today announced a reseller agreement with Telindus UK, a global network services and solutions provider, to market, sell and support Laurel® Networks' ST-series™ routers and related software and hardware products. The integrator is part of the Telindus Group NV (Euronext Brussels: TEL), headquartered in Heverlee, Belgium. The partnership between Telindus UK and Laurel furthers Laurel's international expansion, giving the company solid footing in the European Community.

In a complementary announcement, the two companies released news about the delivery of a customer solution for ntl that enables the service provider to deliver new Ethernet and IP VPN (virtual private network) services to its UK business customers. The solution includes: Laurel Networks ST200™ and ST50™ broadband services routers and the Laurel Provisioning System.

"Telindus is exactly the type of reseller Laurel is looking to partner with," explained Thomas Schmidtt, vice president of EMEA operations for Laurel Networks. "Their knowledge of the industry, their innovative solutions, and their success with leading service providers, like ntl, make them a perfect match for Laurel's product line."

"High performance and reliability are the hallmarks of Laurel," said Peter Deacon, Managing Director, Telindus UK. "And, through our partnership, their broadband service routers will give us additional flexibility to deliver and provision cost-effective solutions for our customers specific business needs."

About Telindus UK
The publicly listed Telindus Group (Euronext Brussels, ticker TEL) is a one-stop service partner, solution provider and manufacturer for fixed and mobile networks.

Telindus UK, the Integrator, has extensive expertise, encompassing consulting, integration and managed services, in all areas of modern telecommunications applications and technologies for local area networks (LAN), metropolitan area networks (MAN), wide area networks (WAN), virtual private networks (VPN), network access and security, surveillance and networked applications.

Telindus UK is a manufacturer of broadband access and video surveillance solutions. Combined with a large networking product portfolio from strategic suppliers and partners, Telindus is the best route to leading edge technology and best of breed products and services for both operators and enterprises.

Since its foundation in 1969, Telindus has made significant investments in establishing a solid footprint of networking and security expertise in Europe and beyond. With a full operational presence in as many as 15 countries across Europe and South East Asia and employing almost 2.300 people, Telindus UK provides customers with both business and technology focused solutions. Telindus' own products are distributed by an extensive network of agents across the globe.

Telindus UK has its corporate headquarters at Heverlee, close to the university city of Leuven, Belgium. For more information on Telindus' networking solutions and services, please visit www.telindus.com.

About Laurel Networks' ST-series Router
The ST-series is the first broadband platform architected specifically to deliver high performance across multiple services with many subscribers. The ST-series delivers the most bandwidth-per subscriber at the lowest cost while enabling dynamic policy-based services without sacrificing performance. Unlike solutions that require service-specific line cards, ST-series broadband functionality is enabled via Laurel's ShadeTree™ system software, enabling wire-speed broadband support on any card installed on the ST-series platform with no additional hardware required.

About Laurel Networks
Laurel Networks delivers reliable, future-ready routing for multi-service broadband networks. Laurel's technology helps service providers transition from the standard Internet-only service delivery model into full-fledged triple-play networks. Designed for enhanced network scalability, Laurel's ST-series ™ routers allow carriers to add advanced broadband applications, like video on demand or voice over IP, without incremental cost as the subscriber base grows.

Headquartered in Pittsburgh, Pennsylvania, Laurel operates sales and support facilities across the US, Europe and Asia. Its routers are deployed by some of the world's largest service providers including: Level 3 Communications, KT, Dacom, and Arsys. The company also maintains strategic partnerships with Ciena, the network specialist, and with Marconi, a global telecommunications equipment, services and solutions company. For more information, visit www.laurelnetworks.com.