PATH 1 GATEWAYS POWER FIRST EVER IP VIDEO NETWORK

Path 1 Network Technologies Inc. announced today that it has received an order for 16 Path 1 Cx1000 Professional IP Video Gateways to be used in the deployment of the first true IP Network for global video transportation and distribution.

SAN DIEGO, CA, Feb 4, 2002 - Path 1 Network Technologies Inc. (OTCBB-PNWK -- news; Frankfurt: PNT) announced today that it has received an order for 16 Path 1 Cx1000 Professional IP Video Gateways to be used in the deployment of the first true IP Network for global video transportation and distribution. Path 1s Cx1000 equipment will support the customers network launch. The network may activate 50 or more Path 1 units by Q3 2002. The end result will be the creation of full interconnectivity between multiple metro area IP markets across the nation.

Path 1 CEO Frederick A. Cary states This first-to-market true IP Network product order is another milestone for Path 1." He adds, We have been in trials with leaders in new markets, and industry giants in communications, carriers, telcos and network providers for some time. Now, this delivery of equipment for actual network build out provides a clear benefit to our customer. Path 1 makes it possible to move increasing amounts of data (including low latency data, voice and video) over existing networks, enabling end users, such as broadcasters, to cost effectively and efficiently deliver content around the world."

Path 1s Cx1000 video gateways are list priced at US$15,000 per unit and are designed to meet the stringent requirements of broadcasters for transporting real-time broadcast-quality (uncompressed or compressed) video, over existing IP networks. By enabling customers to use IP Networks, Path 1s Cx1000 equipment can greatly reduce standard transmission costs in exchanging video content and provides broadcasters and content owners with a cost -- effective, flexible, stable and high performance platform for the exchange of voice, video and data over IP. It is Path 1s policy not to disclose identifiable information about our customers in press releases regarding product sales.

About Path 1 Network Technologies Inc.

Path 1 Network Technologies Inc. (OTC BB: PNWK: Frankfurt: PNT) provides communications equipment, semiconductor designs and services that merge broadcast quality video transport with IP/Ethernet broadband networks. Path 1 offers tried and proven broadcast video over IP video networking equipment for LAN, WAN, national or global transport and On Demand" applications. Path 1 is also an advanced supplier of high-speed chip designs for 10 Gigabit Ethernet applications in a broad range of communications equipment. At the core of the company's unique capabilities is expertise in IP Quality-of-Service and global synchronization, backed by multiple patents, and knowledge of broadcast video. Path 1 Cx1000 series IP video network gateways and Path 1 Cx1400 series IP video multiplexer products can provide broadcast-quality solutions for customers ranging from backbone transporters to Video-on-Demand hybrid IP/cable providers. For more information please visit www.path1.net or call 1.877.ONE.PATH (663-7284.)

This news release contains forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as future", plan" or planned, will" or should," expected," anticipates," draft," eventually," or projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that Path 1 may be unable to obtain necessary financing to continue operations and development, acquired businesses that are geographically and culturally distinct may not be able to successfully integrated and Path 1 may be unable to find suitable licensees and strategic allies on suitable terms, and other risks identified in Path 1s annual report on Form 10-K and other filings with the SEC. You should consider these factors in evaluating the forward-looking statement included herein, and not place undue reliance on such statements. The forward-looking statements are made as of the date hereof, and Path 1 undertakes no obligation to update such statements.

CONTACT:   Sarah Torres, Asst. VP-Editorial                  Christian Pflaumer, VP-Media Relations            
   Michael Chambers, Asst. VP-Investor Relations
   Porter, LeVay & Rose, Inc.
   (212) 564-4700

COMPANY
CONTACT:   Richard B. Slansky, Investor Relations
   Path 1 Network Technologies Inc
   (858) 450-4220 ext 118
   rslansky@path1.net

   Theresa A. Amos, Public Relations
   Path 1 Network Technologies Inc
   (858) 450-4220 ext. 103
   tamos@path1.net