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Optical Entertainment Network Selects Raptor Networks Technology, Inc. As Core IP Switching Provider for Houston Converged Services Launch

Posted on: Wednesday, 16 August 2006, 06:00 CDT

SANTA ANA, Calif., Aug. 16 /PRNewswire-FirstCall/ -- Raptor Networks Technology, Inc. (BULLETIN BOARD: RPTN) is pleased to announce that it has been selected by Optical Entertainment Network as their core switching provider for OEN's new "triple-play" service FISION(TM). A purchase order for the commissioning stack of four ER-1010 network switches was received, with priced options for an additional 500 ER-1010s.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040429/RPTNLOGO )

Mr. Allen Easty, Chief Technology Officer of Optical Entertainment Network, stated, "Optical Entertainment Network seeks to redefine the value proposition of bundled digital services in recognition of what today's technologies are able to provide. Raptor Networks' unique 'distributed core' switching technologies will play a key role in OEN's ability to provide the highest quality of service, reliability and HDTV channel count while affording our customers unprecedented cost savings."

Tom Wittenschlaeger, Chief Executive Officer of Raptor Networks, noted, "We are pleased to displace Extreme Networks, a competitor many times our size, in a high performance, HD video distribution application by one of the most innovative bundled digital services providers as their network switch of choice. Raptor's ability to deliver extraordinary transport performance at a fraction of the price of our competitors is precisely the value proposition that forward-thinking new service providers like Optical Entertainment Network can use to their competitive advantage."

About Raptor Networks Technology, Inc.

Raptor Networks Technology, Inc. provides standards based modular switching technologies that benefit networks which provide newer services such as video, VoIP, high speed storage and other latency sensitive network applications. This patent-pending "Distributed Network Switching Technology" blurs the distinction between core switching and edge switching, enabling network build-outs and performance upgrades of traditional chassis-based installations in a highly cost effective manner. Management believes that the unique advantage Raptor provides is data transport at wire speed (the maximum speed at which the equipment is built to operate), providing the highest density 10 Gigabit wire speed offering currently on the market, with the versatility to run the most advanced new data applications.

For additional information please see http://www.raptor-networks.com/. About FISION

FISION is scheduled to launch in Houston, Texas, the 10th largest Television market in the US. In addition to delivering over 400 channels of entertainment programming, FISION will deliver High-Speed Internet at unprecedented speeds of 10 to 100 Mbps per subscriber and innovative applications such as telemedicine, video conferencing and home security. FISION will also provide IP Voice services including local and long distance services, to deliver on the promise of true convergence from one company. More information on FISION can be found at http://www.getfision.com/ for residents of Houston, Texas.

About Optical Entertainment Network

Optical Entertainment Network is a Houston, Texas based company providing the first major market deployment of Video, Internet and Voice to residential and commercial customers over a system specifically designed to optimize fiber-to-the-home (FTTH) technology. OEN has signed the largest number of IPTV carriage agreements to date, acquired directly with programming networks. The company is a platinum member of the FTTH Council. More information can be found at the company's website at http://www.fision.net/.

For additional information on OEN and FISION: Cathy Clarke CNC Associates cathy@cncassocs.com (617) 527-2089 Safe Harbor Statement

The statements in this release relating to future product availability, collaboration and partnership, and positive direction are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Some or all of the aspects anticipated by these forward-looking statements may not, in fact, occur. Factors that could cause or contribute to such differences include, but are not limited to, contractual difficulties, demand for Raptor Networks' products, the future market price of RPTN common stock and the Company's ability to obtain necessary future financing.

Contacts: Raptor Networks Technology, Inc. Tom Wittenschlaeger/Bob Van Leyen Tel: 949-623-9300

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20040429/RPTNLOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, photodesk@prnewswire.com

Raptor Networks Technology, Inc.

CONTACT: Tom Wittenschlaeger, or Bob Van Leyen, both of Raptor NetworksTechnology, Inc., +1-949-623-9300; or Cathy Clarke of CNC Associates,+1-617-527-2089, cathy@cncassocs.com, for Optical Entertainment Network

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

Web site: http://www.fision.net/

Web site: http://www.raptor-networks.com/

Source: PRNewswire-FirstCall

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