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U.S. Government's Rural Utilities Service (RUS) Approves Vyyo's 700 MHz Wireless Broadband Solution

Posted on: Wednesday, 10 August 2005, 09:02 CDT

PALO ALTO, Calif., Aug. 10 /PRNewswire-FirstCall/ -- Vyyo Inc. , a global supplier of broadband access equipment and turn-key customized, private wireless network solutions, today announced that its end to end 700 MHz wireless broadband solution has been approved for purchase under the Rural Utilities Services' (RUS) Broadband Loan Program. The RUS Broadband Loan Program is designed specifically to help service providers deliver cost effective, high speed Internet access to underserved communities throughout rural America.

Vyyo's robust 700 MHz solution enables a cost effective model for service providers to deploy high speed Internet services over licensed wireless spectrum to consumers and businesses. Vyyo's V284 customer radio modem, based on the cable industry's DOCSIS(TM) standard, enables self-installation up to 10 miles from the company's V3000 wireless broadband hub for less than $250 per customer device.

The Vyyo wireless platform currently is being deployed by five telecommunications companies in rural America: Polar Communications of North Dakota, Redwood Telephone of Minnesota, Pioneer Telephone of Oklahoma, Pigeon Telephone of Michigan and IdeaOne of North Dakota. Each deployment covers thousands of square miles in challenging rural terrain.

"When you combine robust technology with innovative service providers, rural broadband is an opportunity, not a challenge," said Davidi Gilo, Chairman and CEO of Vyyo. "By qualifying our system for Broadband Loan Program funding, the Rural Utility Service is increasing the ability of us and our partners to bring the affordable high-speed access that unserved and underserved areas of the country need to be competitive in the broadband world."

About the Rural Utilities Service (RUS)

On March 4, 2005, the Rural Utilities Service (RUS), an agency delivering the U.S. Department of Agriculture's Rural Development Utilities Programs, announced funding available for the Rural Broadband Access Loan and Loan Guarantee program. For FY 2005, no less than $2.157 billion in loans is available, $2.032 billion for direct cost-of-money loans, $46 million for direct 4-percent loans, and $79 million for loan guarantees.

About Vyyo Inc. and Xtend Networks, a Vyyo company

Vyyo provides cable and wireless broadband access solutions. Our products are designed for use by utilities, cable television and telecommunication operators, wireless ISPs and enterprise. Our solutions enable utilities to operate secure wireless networks for communications and SCADA (Supervisory Control And Data Acquisition) of their remote assets. Cable television and telecommunication operators, wireless ISPs and enterprise use our DOCSIS-based solutions to deliver telephony (T1/E1), high-speed data, and VOIP to business and residential subscribers. Our cable bandwidth expansion solutions are designed to expand cable operators' typical HFC (hybrid-fiber coax) network capacity in the "last mile" by up to 2x in the downstream and up to 10x in the upstream, addressing bandwidth demand for T1and other advanced services. For more information, please visit http://www.vyyo.com/.

Safe Harbor Statement

Statements made in this press release relating to the future, including those related to Vyyo's ability to provide cost-effective, state-of-the-art wireless networks, are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our business and results of operations to differ materially from those expressed or implied by such forward-looking statements. Risks that may cause these forward-looking statements to be inaccurate include among others: the current limited visibility available in the telecommunications and broadband access equipment markets; the competitive pricing environment and slower than expected development of broadband wireless opportunities; the willingness and ability of operators to adopt Vyyo's new technology and apply it in a manner that meets customer demands; Vyyo's ability to produce and distribute its broadband wireless products in the quantities, and with the quality control, desired by the market; and other risks set forth in Vyyo's annual report on Form 10-K for the year ended December 31, 2004, Vyyo's quarterly reports on Form 10-Q and other reports filed by Vyyo with the Securities and Exchange Commission from time to time. Vyyo assumes no duty to update these statements.

NOTE: All trademarks mentioned herein are the property of their respective owners.

Vyyo Inc.

CONTACT: Walt Ungerer, Vice President Corporate Communications of Vyyo,+1-650-319-4029, or Wungerer@Vyyo.com; or Paul Schneider of Paul SchneiderPublic Relations, Inc., +1-215-702-9784, or pspr@att.net, for Vyyo

Web site: http://www.vyyo.com/

Source: PRNewswire-FirstCall

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