FREMONT, CALIF., May 7, 2002 – Complementing aggressive sales team developments, ZNYX Networks, the leading provider of embedded high-availability Ethernet for CarrierClass™ systems, today announced the appointment of Richard Stickane as the company?s new Director of Strategic Accounts. Stickane will be responsible for business development, account management and sales within key strategic OEM accounts.

?Our sophisticated OpenArchitect™ switch management software vaults ZNYX Networks into a new stage of corporate development,? said Leslie Canerday, Vice President, Strategic and Global Sales. ?Building a world-class sales and marketing team is the cornerstone of our business plan going forward. The addition of Mr. Stickane, with his many years of experience in technical sales and product marketing, accelerates the fulfillment of this goal.?

Mr. Stickane?s most recent position was at SBE Incorporated, where he managed sales of SBE?s PCI and CompactPCI embedded networking products to tier-one OEM networking vendors. He also spent more than 20 years at IBM, including account management and product management responsibilities at IBM?s Network Software Computing Division, DSP Technology Products Division and Federal Systems Integration Division. Mr. Stickane holds a B.S. from State University of New York at Binghamton.

ZNYX Networks is the leading global provider of high availability embedded Ethernet solutions for CarrierClass™ systems. Equipment manufacturers and system integrators use ZNYX Networks technologies to create next-generation solutions with high-availability, high-performance, and strict compliance to telecommunications standards. The ZNYX Networks family of products and services provide design engineers with pre-built and pre-tested embedded network and switch solutions that provide significant “time to market” advantages.

Privately held, ZNYX Networks is headquartered in Fremont, Calif., with advanced research centers in Santa Barbara, San Francisco and Ottawa, Canada. Sales and professional service offices are in North America, Europe and Asia. For more information, see www.znyx.com or e-mail sales@znyx.com.