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To: Raymond Duray who wrote (7939)	8/9/2000 12:09:23 PM
From: Mark Oliver	Respond to of 12823

Ensemble Communications Closes $60 Million Financing Round Cisco, Dell Ventures and Goldman Sachs Among New Investors in Broadband Wireless Leader SAN DIEGO--(BUSINESS WIRE)--Aug. 9, 2000--Reaffirming its leading position in the broadband wireless access (BWA) equipment market, Ensemble Communications Inc. today announced the closing of a $60 million round of financing. The next generation point-to-multipoint equipment supplier attracted several prominent new investors, including Cisco Systems, Inc., Dell Ventures, IVP X and The Goldman Sachs Group, Inc. and its affiliates. Ensemble's existing investors -- ADC Telecommunications, DMC Stratex Networks, Samsung, Crescendo Ventures, Enterprise Partners, Institutional Venture Partners, KTB Networks and Trinity Ventures -- also increased their investments in the company in the round. Ensemble will use the proceeds to accelerate its product development, sales and marketing, and customer support activities, and also to expand its international presence as the company prepares for commercial shipments of its Fiberless(TM) system in the fourth quarter of this year. ``We are extremely pleased with the interest in Ensemble from high quality new investors, and we appreciate the continued confidence shown by our existing shareholders,'' said Dave Twyver, Ensemble president and CEO. ``The fact that Ensemble has attracted this sizable financing is a strong endorsement of our products, our people and our market position.'' Twyver continued, ``As we achieve yet another milestone in funding the company, our customer trials, OEM partnerships and international market development are accelerating. With multiple trials in the U.S. and abroad, Ensemble is now positioned to lead the BWA market worldwide.'' Fueled by Adaptix(TM), consisting of Ensemble's patented Adaptive Time Division Duplexing, Adaptive Time Division Multiple Access and Adaptive Modulation, the Fiberless system offers the most advanced features in the BWA industry in a single, flexible platform. The result for carriers is half the equipment and six times the revenue potential when compared to competing BWA systems. Ensemble Communications, headquartered in San Diego, designs, manufactures and markets point-to-multipoint wireless systems for Local Multipoint Distribution Services (LMDS) and other Broadband Wireless Access markets worldwide. Founded in 1997, the company is led by industry veterans with proven successes designing and deploying wireless, telecom and datacom systems. Ensemble sells its Fiberless(TM) system directly to BWA carriers and through OEM partners with field trials of the product now under way. Incorporating Ensemble's patented Adaptix(TM) technology, Fiberless(TM) is the most advanced BWA solution on the market today and is the first capable of extending fiber cost effectively to deliver broadband services to business customers including both traditional telecom services and market-leading, differentiated offerings such as instantaneous asymmetry and bandwidth-on-demand services, VPNs and VOIP. For more information about Ensemble or the Fiberless product, please visit the company's Web site at www.EnsembleCom.com. Note to Editors: Ensemble Communications, Fiberless and Adaptix are trademarks of Ensemble Communications Inc.