Press Release

Laurel Networks Names VP of Worldwide Sales and Customer Support

Seasoned Telecom Executive to Lead Direct and Channel Global Sales and Support Efforts

March 31, 2004 - Pittsburgh, PA - Laurel Networks, Inc., the first provider of high-performance service edge routers, today announced the appointment of Jonathan Bierman to the position of vice president of worldwide sales and customer support. In this role, he will lead Laurel's rapidly growing direct and channel global sales and customer support efforts.

Mr. Bierman has nearly 20 years of sales management experience, most recently as the sales director of Americas Channel Operations for Juniper Networks. While at Juniper, he was instrumental in creating strategic sales partnerships that contributed significant revenue growth. Prior to Juniper, Mr. Bierman managed service provider channel sales at Cisco Systems, forming strategic alliances with a number of leading Tier One carriers.

"Jon is a great addition to Laurel's management team," said Don Pyle, CEO of Laurel Networks. "His deep experience building and growing global sales operations - both direct and through strategic partners - is key as we invest in our sales infrastructure to expand our market penetration and drive revenue growth."

"I look forward to leading Laurel's sales and support efforts at a time when we have a clear technology advantage coupled with strong strategic partners in a resurging market," said Jonathan Bierman, VP of worldwide sales and customer support, Laurel Networks. "With service providers increasingly investing in the edge as a strategic area for service delivery, Laurel is in a strong position to experience significant growth in 2004."

About Laurel Networks
Laurel Networks is leading the creation of The New Service Delivery Architecture to enable profitable delivery of data and IP services at the edge of carrier IP/MPLS networks. Laurel's service edge routers and service management software are evolving carrier architectures from multiple data networks to a single packet-switched architecture with minimal capital investment. Combining carrier-class routing, data switching, advanced QoS and high availability, Laurel service edge routers support both routed and switched services. This unmatched service agility allows carriers to evolve their service portfolio to meet changing market requirements. Laurel Networks was founded in 1999 and is headquartered in Pittsburgh, Pennsylvania. For more information, visit www.laurelnetworks.com.