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Sorrento Networks Strengthens Footprint In Central and Eastern Europe

Posted on: Monday, 19 April 2004, 06:00 CDT

Sorrento Networks (Nasdaq:FIBR), a leading supplier of intelligent optical networking solutions for metro and regional applications, today announced an agreement with Quante Netzwerke GmbH, a leading provider of telecommunications equipment to the Central and Eastern Europe market. Through this agreement, Sorrento Networks becomes Quante's primary supplier of metro and regional optical solutions. The partnership with Quante extends Sorrento's available distribution footprint in the European optical networking equipment market. ¶"Sorrento Networks' optical networking solutions are an excellent addition to our existing suite of last mile, access, and transmission network offerings," said Manfred Brandt, Managing Director of Quante Netzwerke. "We immediately received strong interest for Sorrento's solutions. Furthermore, we are pleased to disclose today our first successful sale of Sorrento Networks' GigaMux platform to a leading European power utility company. This rapid customer sale confirms our confidence in future sales," Mr. Brandt added. ¶"With its extensive sales distribution and strong corporate backing from Quante AG and parent company 3M, Quante Netzwerke significantly adds to Sorrento's existing presence in the Central and Eastern European marketplace," said Manfred Seehagen, Sorrento's Vice President of European Operations. "We believe that Quante with its best-in-class products will be able to reach markets that are currently underserved. Sorrento is pleased to have Quante as our partner."¶ Quante's use of Sorrento's GigaMux family will enable its customers to deploy complete optical networking solutions targeting access, metro and regional applications. The GigaMux product family is the most dense, compact and cost-effective optical transport platform in the industry today. It supports CWDM and DWDM with scalability of up to 64 wavelengths and comprehensive client protocol support including TDM, Gigabit Ethernet, Fibre Channel, ESCON, FICON, video, and others. Furthermore, GigaMux is based on a "pay-as-you-grow" flexible architecture minimizing both capital and operating expenses. Sorrento also offers several NMS options including SNMP (WavBrowser, GigaView) and TL1 (TeraManager) based systems.

¶ About Quante Netzwerke

¶ Quante Netzwerke GmbH, headquartered in Hannover, Germany, is a subsidiary of Quante AG, part of the 3M Group, providing full-service solutions to the telecommunications sector. ¶ Both public and private network operators benefit from Quante Netzwerke's powerful and flexible network installations. The Quante Netzwerke employees have many years of experience in the handling of projects involving the use and maintenance of complex systems. Besides the supply and installation of complete transmission technology systems, Quante Netzwerke offers customers a wide range of services, from pure engineering consultancy and network planning to commissioning, project management, maintenance and operation. ¶ Quante Netzwerke's aim is to solve complex tasks concerning the establishment and integration of transmission networks in a partner-like cooperation with the customer. ¶ Additional information about Quante Netzwerke can be found at www.quante-netzwerke.com (English) or www.quante-netzwerke.de (German).

¶ About Sorrento Networks

¶ Sorrento Networks, headquartered in San Diego, is a leading supplier of intelligent optical networking solutions for metro and regional applications worldwide. Sorrento Networks' products support a wide range of protocols and network traffic over linear, ring and mesh topologies. Sorrento Networks' existing customer base and market focus includes communications carriers in the telecommunications, cable TV and utilities markets. The storage area network (SAN) market is addressed though alliances with SAN system integrators. ¶ Recent news releases and additional information about Sorrento Networks can be found at www.sorrentonetworks.com.

¶ Forward-Looking Statements

¶ Except for historical information contained herein, the matters discussed in this release are forward-looking statements that involve risks and uncertainties. Words such as "plans,""expects,""intends," and variations of such words and similar expressions are intended to identify such forward-looking statements. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The occurrence of actual events may differ materially due to a variety of factors, including without limitation the following: (1) unanticipated technical problems relating to Sorrento Networks' products; (2) Sorrento Networks' ability, or lack thereof, to make, market and sell optical networking products that meet with market approval and acceptance; (3) the greater financial, technical and other resources of Sorrento Networks' many, larger competitors in the marketplace for optical networking products; (4) changed market conditions, new business opportunities or other factors that might affect Sorrento Networks' decisions as to the best interests of its shareholders; (5) other risks detailed from time to time in Sorrento Networks' parent corporation's reports filed with the U.S. Securities and Exchange Commission.

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