Flash Networks Acquires Adjungo Networks

Herzlia, Israel -- October 22, 2003 -- Flash Networks (www.flashnetworks.com), a global leader of mobile data delivery solutions, announced today the acquisition of Adjungo Networks, a supplier of systems enabling cellular operators to leverage existing back-office systems in order to manage and bill Wi-Fi customers using public hot-spots. Acquisition financials were not disclosed.

Acquiring Adjungos assets make possible for Flash Networks to enable mobile operators to offer Wireless LAN access and unified billing to their mobile subscribers. With a combined solution that includes advanced session management capabilities, subscribers will be able to seamlessly roam between cellular and Wi-Fi networks, as well as receive Wi-Fi services through third parties. End-users will benefit from ultra high-speed mobile access to the Internet, simple, transparent and reliable services from a single service provider and unified billing.
Flash Networks is a leader in delivering solutions turning wireless data networks into wire-like, consistent, and reliable services. The companys flagship product line, NettGain, is a scalable, carrier grade solution offering a superior user experience for mobile data users. It addresses key issues of mobile data delivery like optimization and acceleration of data, session management, multi bearer integration and more. Customers include T-Mobile International, AT&T Wireless and operators from the Vodafone Group, to name a few.
Adjungo has been a leading supplier of secure, carrier class, Wireless LAN solutions for cellular operators. Adjungos solution enables cellular users to enjoy secure broadband access via Public WLAN hot spots. The solution is hot spot agnostic, supports any type of WLAN access technology and is compatible with all cellular technologies. It allows cellular operators to leverage existing network infrastructure to simplify billing, authentication, roaming, provisioning and monitoring of WLAN users.
Acquiring Adjungo grants Flash Networks a competitive edge in our market by broadening our technological scope. We can now more fully address and solve wireless medium hurdles imposed on both carriers and users", said Zvi Peled, Flash Networks CEO. Flash Networks focuses on delivering solutions metamorphosing mobile data networks into a consistent and reliable service. Utilizing our solutions, carriers can provide users with seamless data service without being troubled by terrain or network issues."