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Hybrid Networks Ranked No. 476 on 
Deloitte & Touche Technology Fast 500

    SAN JOSE, Calif., Nov. 15, 2001 – Hybrid Networks Inc. (Nasdaq: HYBR), the worldwide leader in MMDS fixed broadband wireless Internet-access systems, today announced that it is ranked No. 476 on the 2001 Deloitte & Touche Technology Fast 500, a ranking of the 500 fastest-growing technology companies in North America. Rankings are based on five-year percentage revenue growth from 1996-2000. Hybrid Networks grew 910 percent during this period.

    “Because the Deloitte & Touche Technology Fast 500 measures sustained revenue growth over five years, being one of the 500 fastest growing technology companies in North America is an impressive accomplishment,” said Mark A. Evans, managing director of Deloitte & Touche's Technology & Communications Group. “We are proud to honor Hybrid Networks as a Deloitte & Touche Technology Fast 500 winner.”

    Fast 500 Selection and Qualifications
   
The Fast 500 list is compiled from three sources: winners of Deloitte & Touche's 22 regional North American Fast 50 programs, nominations submitted directly to the Fast 500 and public company database research. To qualify for the Fast 500, entrants must have had 1996 revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively. Entrants are public or private companies headquartered in North America and must be a “technology company,” defined as a company that develops proprietary technology which contributes to a significant portion of the company's operating revenues, manufactures a technology-related product, or devotes a high percentage of effort to research and development of technology.

    About Deloitte & Touche
   
Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax and management consulting services through 30,000 people in more than 100 U.S. cities. Deloitte & Touche is part of Deloitte Touche Tomatsu, a global leader in professional services with more than 90,000 people in over 130 countries. For more information, please visit Deloitte & Touche's web site at www.us.deloitte.com .

    For more information on the Deloitte & Touche Technology Fast 500 or Technology Fast 50 programs, visit www.fast500.com.

    About Hybrid Networks
    Headquartered in San Jose, Calif., Hybrid Networks Inc. designs, develops,
manufactures and markets fixed broadband wireless systems that enable telecommunications companies, wireless systems operators and network providers to offer high-speed Internet access to businesses and residences. Hybrid was first to market with patented two-way wireless products that focus on the MMDS and WCS spectrum in the United States. Hybrid's customers include the nation's largest MMDS spectrum holders as well as several system integrators and regional ISPs. With systems in use in 75 markets across six continents, Hybrid is part of more fixed broadband wireless deployments than all of its competitors combined. For more information, call (408) 323-6252 or visit www.hybrid.com .

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CONTACTS:
Tracy Ireland 
Hybrid Networks 
(408) 323-6252 

Vivian Rudd Myrtetus or Yvette Sterbenk
Thorp & Company
(305) 446-2700

FINANCIAL MEDIA CONTACT:

Haris Tajyar
FRB/BSMG Worldwide
(310) 996-7462