Press Release

Laurel Networks Expands into Asia and Launches Global Reseller Partner Program

Initiatives Support Growing Service Provider Demand in Key Growth Markets

Pittsburgh, PA - May 8, 2003 — Laurel Networks, Inc., the first provider of high-performance service edge routers, today announced expansion into Asia and the launch of a Global Reseller Partner Program, broadening the company's ability to offer its service edge routers and service management software to the world's largest service providers.

"While Laurel is already supporting deployments spanning multiple continents, we are now establishing the local presence and experienced partners required to fully develop strategic global markets," noted Atul Bansal, president and CEO of Laurel Networks. "We're aggressively entering the Asian market, where our multi-service edge routers provide significant advantages to service providers looking to expand beyond high-speed Internet access to offer innovative new services.

Asian Expansion
To leverage opportunities in Asia, business development executives and network engineers have joined Laurel to lead market development, account and reseller activities from the company's Japan, Hong Kong and South Korea offices. Asian operations join Laurel's UK-based European headquarters, supporting deployments and trials across Europe.

Global Reseller Partner Program
Laurel's newly launched Global Reseller Partner Program was designed to accelerate the process of partnering with leading organizations in key growth markets such as Asia. The Program includes comprehensive sales tools, market information, technical support and training as well as multiple participation levels to meet the varied needs of resellers. Program information is available at: /partners/partners.html.

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.