Matisse Networks Named One Of Top 10 Start-ups To Watch By Network World

Mountain View , CA – April 26, 2005 – Matisse Networks, innovator of DWDM Packet Switching for multi-service metro networks, today announced the company has been named one of the “10 Start-Ups to Watch” by Network World, one of the networking industry’s premier publications.

Matisse will be bringing the benefits of packet technology to optical networks with the world’s first DWDM Packet Switch. This new class of switching technology delivers a connectionless packet architecture where optical wavelengths are dynamically switched to different destinations. By fundamentally rethinking traditional circuit-based optical architectures, Matisse will deliver new levels of simplicity, efficiency and reliability for next-generation, multi-service metro networks.

“It’s very gratifying to have such an authoritative acknowledgement of the potential of our company and our technology,” said Sam Mathan, CEO of Matisse Networks. “We anticipate DWDM Packet Switching will be as ‘disruptive’ to the industry as previous migrations from circuit to packet technologies – such as when T1 circuit networks were supplanted by Frame Relay and ATM.”

About Matisse Networks

Founded in 2002 and headquartered in Mountain View, Calif., Matisse is leveraging patented DWDM packet switching technology to develop multi-service metro transport infrastructure. Having raised over $21M, Matisse is backed by the leading venture firms Menlo Ventures, Walden International and Woodside Fund. Additional information on Matisse is available at: http://www.matissenetworks.com.