VIVATO RECEIVES FUNDING FROM INTEL COMMUNICATIONS FUND

SAN FRANCISCO, Calif. - March 10, 2003 - Vivato™, a wireless networking infrastructure company and creator of Wi-Fi switching, today announced that it is receiving an investment from the Intel Communications Fund. The companies also plan to participate in joint marketing activities.

The investment by Intel Communications Fund is part of its $150 million commitment to invest in companies whose technologies will accelerate the worldwide adoption of Wi-Fi (IEEE 802.11) wireless networks.

The Intel Communications Fund joins an already powerful investment team of Leapfrog Ventures, U.S. Venture Partners and Walden International, Silicon Valley Bank and GATX, bringing the total investment in Vivato to $29 million.

The funding from the Intel Communications Fund will help Vivato accelerate product development and expand sales and marketing activities. Vivato is manufacturing Wi-Fi switches that offer a new way to deploy high bandwidth Wi-Fi networks for enterprises and service providers.

"Intel is committed to proliferating Wi-Fi capabilities worldwide," said Sean Maloney, Intel executive vice president and general manager of the Intel Communications Group. "This investment is part of Intel Capital's strategy of building an ecosystem of complementary technologies that help drive demand for Intel's mobile computing products. Vivato's technology has the potential to significantly increase Wi-Fi coverage and allow wireless connection in places previously unreachable by broadband."
"Vivato and Intel share a vision for Wi-Fi everywhere," said Ken Biba, Vivato CEO and chairman. "Wi-Fi switching will quickly accelerate the expansion of the Wi-Fi footprint and support a multitude of wireless applications that will truly change our professional and personal lives."

Wi-Fi switching is a new architecture for wireless local area networks that combines gigabit Ethernet switching, Wi-Fi and smart antenna design to send and receive multiple transmissions simultaneously. Vivato's recently announced 2.4 GHz Indoor Wi-Fi Switch is a flat panel that integrates security, management and deployment tools with Vivato's patent-pending PacketSteering™ technology to extend the reach of wireless networks from meters to kilometers.

About Vivato
Vivato is the inventor and first manufacturer of Wi-Fi switches for enterprises and service providers designed to enable high bandwidth Wi-Fi wireless networks everywhere: in the enterprise, across campuses and throughout metropolitan areas. Vivato is headquartered in San Francisco with a research and development center in Spokane, Wash. For more information, please visit www.vivato.net or call 415.495.1111.

About the Intel Communications Fund
The $500 million Intel Communications Fund, managed by Intel Capital, was established in September 1999 and focuses on accelerating Intel voice and data communications and wireless networking initiatives. The fund targets companies developing basic communications and semiconductor components and boards, real-time operating systems, software tools and utilities, system level hardware and software, and wireless network services and channels. The Intel Communications Fund has made more than 80 investments in 17 countries on five continents. For more information about the fund, visit www.intel.com/capital/portfolio/funds/icf.htm.