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To: tony who wrote (19686)3/21/2000 1:05:00 PM
From: MangoBoy  Respond to of 42804
 
[Zaffire Named `Most Likely to Succeed' at Network Outlook Conference; One of `Top Ten' to Receive Investors Choice Award]

SAN JOSE, Calif.--(BUSINESS WIRE)--March 21, 2000--Zaffire(TM), Inc. (formerly New Access Communications) was selected as "most likely to succeed" at the recent Network Outlook Conference, sponsored by Technologic Partners, on March 13-14, 2000 in San Francisco. Zaffire was named one of the `Top Ten' companies to receive the distinguished Investors Choice award. Ninety privately financed networking equipment companies participated in the event which features companies and technologies that are shaping communications in the 21st century. The Network Outlook conference was the debut for Zaffire and its presentation of the Zaffire Advanced Optical Services Network Architecture.

"The optical networking opportunity in the metro/regional segment is about to explode," said Paul Johnson, managing director at Robertson Stephens. "Zaffire's solution hits the sweet spot of this market. It is solving the electrical-to-optical handoff in a seamless fashion by being one of the first companies to integrate this capability directly on their optical platform."

The only company with a metro DWDM solution to win an Investor's Choice award at this week's conference, Zaffire expects to announce products based on its breakthrough technologies in the second quarter of this year. The Investors' Choice awards were determined by audience balloting and recommendations by a panel which included Neal Dempsey, a general partner at Bay Partners; David W. Hanna, chairman of Hanna Capital Management; Bruce Sachs, general partner at Charles River Ventures; and Timothy P. Savageaux, a research analyst at W.R. Hambrecht & Co.

About Zaffire

Zaffire Inc., formerly New Access Communications, is a high-technology company focused on developing a next-generation, optical services networking system for service providers worldwide. The company is recognized as an emerging leader in building optical networking solutions for metro and regional service provider applications. Zaffire's breakthrough optical technologies have been well received by new-generation carriers, CLECs, RBOCs, and IXCs. Investors in the company include Broadband Office, Inc., Juniper Networks (NASDAQ:JNPR), Kleiner Perkins Caufield & Byers (KPCB), MRV Communications (NASDAQ:MRVC), and Williams Communications (NYSE:WCG). The company is headquartered in San Jose, California. For more information, please visit our web site at zaffire.com