To: RR who wrote (39104 ) 7/17/2001 4:18:56 PM From: Sully- Read Replies (1) | Respond to of 65232 Korea's Largest ISP Network Powered by Extreme Networks' Ethernet Switching Solutions SANTA CLARA, Calif., July 17 /PRNewswire/ -- Demonstrating the continued acceptance of its Ethernet switching technology, Extreme Networks, Inc. (Nasdaq: EXTR - news) today announced that it has been selected by Korea Telecom to provide the infrastructure for its KORNET ADSL network, providing fast and reliable broadband Internet access. As a premier ISP in Korea, KORNET provides network services including DSL, leased line services and traditional PSTN services to business customers throughout the region. To prepare for emerging applications and sustain its growth, KORNET has upgraded its network infrastructure with Extreme Networks' BlackDiamond® core Ethernet switch-routing solution. ``Korea Telecom has grown by anticipating customer demand and maintaining a quality infrastructure,'' said Kenny Kwon, network manager for San Yong Information and Communications Corp. ``We have fortified Kornet's network by selecting advanced switching solutions from Extreme Networks, providing the density and performance to meet the rising requirements of Korea.'' Korea's Internet infrastructure consists of a centralized architecture requiring traffic to run over a number of centralized routers. Extreme Networks' BlackDiamond switch within the core backbone, allows inter-operation between local routers and various service routers with Ethernet, tying separated backbones into a single logical backbone to give high reliability while minimizing the changes of existing routing paths. ``Our partnership with Korea Telecom demonstrates the growing acceptance of our strategy that Ethernet will be everywhere, providing the efficient and dynamic exchange of information that businesses and homes will require,'' said Sam Halabi, vice president of IP Carrier Marketing and Business Development for Extreme Networks. ``As a market leader in broadband networking solutions, we enabling telcos such as Korea Telecom to better compete and fulfill customer demand.'' Extreme Networks, Inc. delivers a simplified approach for building networks based on its corporate vision of Ethernet Everywhere® networks. The Company's family of BlackDiamond, Alpine(TM), and Summit® switching solutions incorporate a unique combination of ExtremeWare® management software and an ASIC-based common architecture to provide Global 2000 enterprises, telecommunications companies, Internet Service Providers and content providers with the ability to increase the flow of information and accommodate future network growth. Headquartered in Santa Clara, Calif., Extreme Networks was listed as the ``Fastest Growing Company in Silicon Valley'' based on three-year revenue growth by the San Jose and Silicon Valley Business Journal in 2000. The Company's Ethernet technology was listed as one of the ``Top 10 Tech Trends To Bet On'' within Fortune Magazine, March 26, 2001. For more information, visit www.extremenetworks.com NOTE: Extreme Networks, ExtremeWare, Ethernet Everywhere, BlackDiamond and Summit are registered trademarks of Extreme Networks, Inc., and Alpine is a trademark of Extreme Networks, Inc., in the United States and other countries. This announcement contains forward-looking statements that involve risks and uncertainties. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including, but not limited to: (i) fluctuations in demand for our products and services; (ii) the ability to procure components for products from single or limited sources; (iii) a dependence on third-party manufacturers, (iv) a highly competitive business environment for network switching equipment; and (iv) economic trends in worldwide geographic markets. More information about potential factors that could affect our business and financial results is included in our Annual Report on Form 10-K for the year ended June 30, 2000, and the Quarterly Report on Form 10-Q for the period ended March 31, 2000, including (without limitation) under the captions, ``Management's Discussion and Analysis of Financial Condition and Results of Operations,'' and ``Risk Factors,'' which are on file with the Securities and Exchange Commission ( sec.gov ) . SOURCE: Extreme Networks, Inc. Ö¿Ö