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Jack Fuchs Joins SOMA Networks as Vice 
President, Business Development and Sales

Seasoned Business Executive Adds Firepower to Wireless Broadband Management Team

    San Francisco, March 12, 2002 - SOMA Networks today announced that Jack H. Fuchs, most recently Vice President for Business Development and Strategic Marketing at IPWireless, Inc., has joined the company as Vice President, Business Development and Sales. In his new role, Fuchs will focus on management of SOMA Networks' global strategic accounts and partnerships. Recently, SOMA Networks successfully completed field trials with large North American carriers of its "broadband anytime, anywhere" wireless system, which enables service providers to profitably deliver carrier-grade voice, broadband Internet access, and advanced multimedia services to homes and small offices.

    "We are pleased that Jack Fuchs has chosen to come aboard SOMA Networks' executive team and spearhead many of SOMA Networks' most important corporate partnerships," said Greg Caltabiano, Senior Vice President, Worldwide Markets. Added President and CEO Yatish Pathak: "Jack knows the wireless broadband industry and our market from the inside out, bringing invaluable experience to our expanding commercial operations."

    "Given my background in the wireless broadband industry, I understand that for a 'last-mile' system to be successful, it must provide service providers with a profitable business model," said Fuchs. "By offering high-revenue voice and multimedia services in addition to broadband Internet access, and by developing a cutting-edge air interface with a large cell radius, 'plug and play' customer install, and non-line-of-sight access, SOMA Networks has created a comprehensive solution that enables a service provider to generate profitable revenue with low infrastructure costs. I am excited to have the opportunity to introduce service providers to a unique product that meets their economic needs."

    Fuchs joins SOMA Networks after two years of leading the commercial activities of IPWireless, where he was the first non-founding officer, developed and implemented the company's business development plan, identified and engaged numerous customer targets, and played an instrumental role in the product definition process.

    Previously in his career, Fuchs served seven years as a strategic management consultant at McKinsey & Company, where he drove PCS entry and last-mile solutions for wireless clients. He has also held sales, marketing and strategic leadership roles with Becton Dickinson, a $4 billion medical technology equipment company.

    Fuchs graduated magna cum laude from Dartmouth College with a bachelor's degree in Engineering Sciences and received an M.B.A. from Stanford University's Graduate School of Business.

    About SOMA Networks
    Integrating the latest advances in broadband wireless, distributed computing, and Internet technologies, SOMA Networks' unique system allows anyone to become a full-service telecommunications service provider offering a feature-rich package of carrier-grade voice and broadband Internet services to the residential and small-office market. SOMA Networks offers the only economically viable "last-mile" telecommunications solution for service providers that meets the needs of today's residential and small-office users. Its fully converged system offers ubiquitous service, rapid market entry and scalability, and quick, inexpensive creation of multimedia services. Founded in 1998, SOMA Networks has development centers located in San Francisco, California; Richardson, Texas; and Toronto and Ottawa, Ontario. For more information about SOMA Networks, visit http://www.somanetworks.com.