ELASTIC NETWORKS STANDARDIZES ON IONA TECHNOLOGIES FOR INTERNET APPLICATIONS SERVICES PLATFORM

IONA's Orbix 2000 to Underpin the Evolution of Elastic's YesWare Internet Access Application Server

Waltham, MA. -- April 14, 2000 - Elastic Networks, Inc., today announced that they will adopt IONA Technologies' Orbix 2000™ as the architectural basis for their next generation of YesWare™ Internet access solutions.

IONA's Orbix 2000 is a CORBA 2.3 (Common Object Request Broker Architecture) middleware engine based on a new modular architecture designed for the dynamic operations of Enterprise Portals. Orbix 2000 is the foundation for IONA's iPortal Suite,™ and also provides a primary development and deployment platform that gives thousands of CORBA developers a migration path into the new world of enterprise portals.

Elastic Networks' new generation of CORBA-based YesWare applications will enable service providers to scale beyond brick and mortar-based server deployments by creating a migration path to network-based, enterprise level systems, capable of providing access solutions to many sites from a central operations center. Additionally, the Orbix 2000 platform provides the building blocks necessary to create seamless interfaces with other e-commerce and ERP systems, which will enable service providers such as Elastic to assimilate transaction information from their entire network into one enterprise system.

In addition to providing increased network flexibility for enterprise based solutions, CORBA is the technology of choice for interfacing with telecom service provider operation support systems.

The next generation of Elastic's YesWare applications based on Orbix 2000 will be generally available for shipment beginning in the third quarter of this year.

"By evolving YesWare on the Orbix 2000 platform, we will be able to reach beyond premise-based internet access and billing solutions, allowing Elastic Networks to expand our applications into the network based business-to-business market," said Michael VanPatten, senior vice president of business development at Elastic Networks. "Our partnership with IONA Technologies is a key enabler of our business expansion in this market."

"Integrated transaction management is key to our ability to scale," said David Wigglesworth, hospitality president of Darwin Networks, a rapidly growing application service provider and Elastic Networks business partner. "As we move to real-time, transaction-based enterprise systems, the flexibility and ease of integration offered by a CORBA based YesWare product is a key element to our continued growth."

"We view Elastic's adoption of Orbix 2000 as a strategic win for IONA", said Bob Wamsley, senior vice president of sales for IONA. "Our partnership with Elastic's industry leading YesWare solution expands our presence into their high growth market sector."

"Leading-edge companies like Elastic Networks continue to validate the success of IONA's e-business infrastructure offerings, such as Orbix 2000 and the iPortal Suite," said Ed Gaudet, vice president of worldwide marketing for IONA. "Elastic expands IONA's presence into their high growth market sector, and we look forward to working with Elastic to meet the needs of our mutual customers."

About IONA Technologies
IONA Technologies, the Enterprise Portal Company, is a leading provider of e-business infrastructure that helps organizations build and deploy enterprise portals, Internet commerce sites, and other large-scale distributed applications. IONA supports the full diversity of languages -including Java and C++ - and distributed computing technologies -including XML, Enterprise JavaBeans, CORBA, Microsoft's Windows DNA 2000 and IBM OS/390, CICS and IMS - used by today's development organizations. Founded in 1991, IONA Technologies is headquartered in Dublin, Ireland. The company had revenues of $105 million in 1999 and employs more than 625 people in 25 offices worldwide. For more information, please see www.iona.com.

About Darwin Networks
Darwin Networks provides high speed Internet access and network solutions to small and medium-sized businesses; office, flex, industrial and retail properties; apartment, condominium and student housing complexes; and hotels and telephone companies using wireless, wireline and DSL technologies. The company offers a full complement of marketing and support services, including training, to assist business owners, property managers and their staffs in marketing and implementing the new services.

Darwin Networks has corporate offices in Louisville, KY; San Diego and Walnut Creek, CA; and Seattle, WA. The company has agreements in place and in progress to launch services in more than 400 locations in over 20 states. Darwin's investors include Broadband Solutions, LLC (led by Chrysalis Ventures, LLC), Paul Allen's Vulcan Ventures, Richland Ventures, River Cities Capital and associates of Moore Capital. For more information about Darwin Networks, please visit www.darwin.net.

About Elastic Networks, Inc.
Elastic Networks is the leader in innovative, next generation EtherLoop DSL technology and YesWare high-speed Internet access solutions, enabling service providers to easily offer affordable broadband services that simplify the way people connect. By leveraging its technological differentiation in speed, deployability, and economics, and by building strategic relationships with distributor, chip manufacturing, and data networking partners, Elastic Networks continues to increase the pervasiveness of its innovative technology in markets throughout the world.

Elastic Networks Inc., based in Alpharetta, GA, is a private company funded by Nortel Networks; Texas Instruments; Pequot Capital; MF Private Capital; Williams, Jones & Associates; ComVentures and Wolfson Equities. For more information about Elastic Networks and its high-speed access and subscriber management solutions, visit www.elastic.com or contact (678) 297-3100.

IONA and Orbix are registered trademarks of IONA Technologies. CORBA is a trademark or registered trademarks of the Object Management Group, Inc in the U.S. and other countries. IONA iPortal Suite and Orbix 2000 are trademarks of IONA Technologies. All other trademarks are the property of their respective owners.

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