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To: Clint E. who wrote (27284)	7/10/2000 7:09:16 PM
From: xcr600	Read Replies (1) \| Respond to of 68220

ATON to have a nice quarter (was up 10 afterhours)-- Monday July 10, 4:10 pm Eastern Time Company Press Release SOURCE: Alteon WebSystems, Inc. Alteon WebSystems Has 80 Percent Sequential Revenue Growth in Q4 Achieves Operating Profitability in Quarter Web Switch Revenue Grows 90 Percent Sequentially SAN JOSE, Calif., July 10 /PRNewswire/ -- Alteon WebSystems, Inc. (Nasdaq: ATON - news) today announced that revenues for the fourth quarter ended June 30, 2000 were approximately $51 million, which is an 80 percent sequential increase over revenues for the previous quarter. The company also announced that it achieved operating profitablity in the fourth quarter, three quarters ahead of previous expectations. During the fourth quarter, Alteon saw strong growth across all product lines, across all geographies worldwide and across all customer segments, with particular strengths in Web Hosters and Application Service Providers. Most significantly, web switch revenue grew approximately 90 percent sequentially and it entered the first quarter of fiscal 2001 with the strongest backlog in the history of the company. Alteon also continued to diversify its customer base during the quarter by adding companies such as GTE Internet, ICG Communications, Planet Online and Virgin Speed Cars as well as through alliances with Akamai and Lucent. While Alteon expects to see continued strong revenue growth in future quarters, it does not expect to sustain the very high percentage growth rate seen in the quarter ended June 30, 2000. The company will report complete results on July 20, 2000 after the market closes and will hold a conference call to discuss the results at 1:30 p.m. Pacific Time. Those wishing to join should dial 712-257-2274, passcode ``Alteon'' at approximately 1:15 p.m. The call will also be available via the Internet by going to www.videonewswire.com/ALTEON/072000/. A replay will be available for one week by calling 402-220-0234. About Alteon WebSystems Alteon WebSystems pioneered the concept of Web switching and is a leading provider of next generation Internet infrastructure solutions designed to enable eBusinesses to meet the demands resulting from the rapid growth of the Internet. The company's Web data center products including Web switches, server adapters and traffic management software are optimized to meet the specific challenges of managing Web traffic and provide the high performance and availability of leading networking infrastructure solutions. These Web systems are now deployed in Internet data centers around the world by premiere portals, online destinations, Web hosters and ISPs such as Yahoo!, Buy.com, iWon.com, Concentric Network, DLJdirect, DIGEX, WebTV, Global Crossing and many others. Founded in May of 1996, Alteon WebSystems employs a staff of over 450 around the world and is publicly traded on The Nasdaq Stock Market® under the symbol ATON. Visit Alteon WebSystems on the World Wide Web at alteonwebsystems.com . This release may contain forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially include, but are not limited to, general business conditions in the networking equipment industry, changes in demand for network equipment products of Alteon WebSystems' customers, the timing and amount or cancellation of orders from Alteon WebSystems' customers and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission including the company's Form S-1 and reports on Form 10-Q. SOURCE: Alteon WebSystems, Inc.