IBM to manufacture Xebeo Communications' custom ASICs

Sept. 25, 2001--Xebeo Communications, Inc., a developer of carrier-class service aware switching platforms for next-generation packet based telecommunications networks, announced that IBM Corporation will manufacture custom ASIC technology to be embedded in Xebeo's solutions.

Xebeo Communications, Inc., a developer of carrier-class service aware switching platforms for next-generation packet based telecommunications networks, announced that IBM Corporation (NYSE: IBM) will manufacture custom ASIC technology to be embedded in Xebeo's solutions. IBM is recognized worldwide as the most advanced ASIC manufacturer.

Xebeo plans a judicious use of ASIC technology within its Ethernet optimized multi-terabit packet switch. Xebeo is targeting the Metro Core network where it foresees strong demand for economically scalable packet switches.

Xebeo Communications was established to leverage these new advances in Ethernet switching technology and provide faster, more economical delivery of broadband services to businesses in major metropolitan areas.

About Xebeo Communications:

Xebeo Communications is a developer of carrier-class service aware switching platforms for next-generation packet based telecommunications networks. Xebeo designs and integrates advanced switching hardware, high speed media interfaces, and bandwidth management software to deliver a large capacity, high-speed, carrier-grade switching system. For more information, visit www.xebeo.com.

About IBM:

IBM Microelectronics is an information technology supplier. For more information, visit www.chips.ibm.com.

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