Pannaway and net.com Partner to Expand IP Telephony Solution for Triple Play

Pannaway and net.com Partner to Expand IP Telephony Solution for
Triple Play
Partnership Enables ILECs to migrate to VoIP without requiring forklift
upgrades 


PORTSMOUTH, N.H. and FREMONT, Calif., Jan. 26  /PRNewswire-FirstCall/ --
Pannaway Technologies, a leading provider of converged voice, video and data
platforms to broadband service providers and net.com (NYSE:NWK), a global
supplier of communications equipment, announced today they have finalized an
integration and distribution agreement whereby Pannaway will integrate
net.com's SHOUT platform into its industry-proven Service Converged Network
(SCN(TM)) triple play solution.  Pannaway will also provide Tier 1 service
support for all SCN-based SHOUT products.

The agreement enables telecommunications service providers, including Incumbent
Local Exchange Carriers (ILEC), to seamlessly deliver carrier-class end-to-end
SIP-based VoIP telephony services, high-quality digital IP video and high-speed
(26 Mbps) Internet access over a single broadband connection - without costly
infrastructure upgrades.  Pannaway's SCN is the only solution that allows
carriers to deliver all the advanced calling features of SIP-based VoIP without
the need to replace existing Class 5 switches.

Pannaway's selection of the SHOUT platform expands SCN's SIP-based VoIP service
capabilities for its customers' subscribers.  SHOUT's integrated SS7
functionality enables seamless connectivity of IP telephony traffic directly to
the existing PSTN.  By supporting existing PSTN interfaces such as SS7, SHOUT
allows carriers to migrate to VoIP without requiring them to replace their
existing switching infrastructure.

"After extensive customer trials, it was apparent that SHOUT was a cost-
effective, easy-to-use platform for carriers to deliver advanced VoIP services
to subscribers," said Michael Skubisz, chief technical officer for Pannaway.
"The key driver that led Pannaway to integrate SHOUT into its SCN was its
ability to interwork SIP with the SS7 protocol in a single, affordable, compact
solution."

Bert Whyte, president and CEO of net.com, noted, "We are very impressed with
Pannaway's SCN system and are delighted to be a part of it. We are also
impressed with Pannaway's attention to detail in providing telecommunications
service providers with a complete solution for the delivery of triple play
services. SHOUT is an industry-proven platform that continues to provide
exceptional value to our partners and to their telco customers."

Today, Pannaway has numerous ILEC customers already using the integrated SCN
and SHOUT platform to deliver high-revenue triple play services to thousands of
rural subscribers.  Pannaway's SCN allows carriers to deliver VoIP, IP digital
video and high- speed Internet access with a cap and grow strategy as opposed
to the forklift upgrades required by most next generation VoIP equipment
manufacturers.

About Pannaway

Pannaway Technologies designs the industry's first carrier-class end-to- end IP
solution for converged voice, video and data service delivery. Pannaway's
innovative technology enables telecommunications companies worldwide to deliver
unified services to homes and businesses at a fraction of their historical
costs. The privately held company was founded in April 2002 and is
headquartered in Portsmouth, New Hampshire. Its founding management team, with
over 90 years of collective experience in the industry, has played a pioneering
role in the telecommunications equipment sector. For more information, please
visit http://www.pannaway.com/.

About net.com

Network Equipment Technologies, Inc., doing business as net.com, develops and
delivers platforms for broadband, Internet telephony, and multiservice
networks. An architect of the networking industry, net.com has been supplying
service providers, governments and enterprises around the world with
bulletproof networking technology for more than 20 years. net performance. net
results. net.com.

SHOUT, net.com and the net.com logo are trademarks of Network Equipment
Technologies, Inc.

Pannaway and the Service Converged Network are trademarks of Pannaway
Technologies, Inc. 

DATASOURCE: net.com



CONTACT:  Brenda Ropoulos of net.com, [phone] or

; Richard Williams 919-554-35-32 or

, for net.com; N.E.T. Federal Contact: Tonya Bacon,

[phone] or ; Dale Allaire of Pannaway,

[phone] or ; or Dan Gaffney, [phone] or





Web site:  http://www.net.com/

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