PRODUCTS

Newsroom

Contact:
Michelle Chase
Chase Communications
+1.303.284.8440 / Email

Sorrento Networks Acquires Assets of Redfern Broadband Networks

DENVER — May 30, 2008 — Sorrento Networks, a global provider of metro optical access solutions, announced today the asset purchase of Redfern Broadband Networks (RBN) Inc. RBN, headquartered in Australia, develops, manufactures and markets optical networking equipment. Under terms of the agreement, Sorrento has acquired all assets of RBN, including products, customer contracts, channel partner relationships, test equipment and more. Financial details are undisclosed.

By acquiring RBN assets, Sorrento has expanded its metro optical access product portfolio to address customers' growing bandwidth needs in hardened, outside plant environments. With the RBN GigaEdge product suite, Sorrento now offers a cost-effective solution for carriers to extend their fiber-based services closer to their customers. The companies' products are similarly designed to help telecommunications carriers and enterprises increase the bandwidth of their existing networks and lower the cost of providing next-generation broadband services.

"Sorrento's focus is to grow our worldwide footprint by providing reliable products that address changing customer requirements, maintaining a low-cost structure and exceeding customer service expectations," said Jim Nevelle, CEO of Sorrento Networks. "By acquiring RBN's assets, we gain new, global customers, valuable channel partnerships in Europe and Asia and complementary optical platforms. The acquisition of RBN's proven optical technology strengthens our competitive edge."

RBN's GigaEdge Optical Services Provisioning Platforms (OSPP) aggregate the many different services found at the edge of the network and solve the high-capacity optical upgrade needs of customers. Under terms of the acquisition, Sorrento will gain RBN's complete product portfolio, including the GigaEdge 2300, 6000 and 8200 series, as well as the GigaCraft 1200.

In addition, Sorrento will enhance its global reach via acquired channel relationships and service provider customers. RBN's strategic partners include companies such as Embarq and Ericsson, and its customer base includes global leaders such as Alltel, PCCW Hong Kong and Siminn Telecom Iceland.

"Sorrento shares our vision for developing and delivering innovative optical networking products that provide long-term value and scalability," said Graham Mitchell, CEO of RBN Inc. "By joining forces, we can give our partners and customers access to broader support and deeper development capabilities that will support ever-evolving optical networking needs."

About Sorrento Networks — Optical Networks Made Simple
Sorrento Networks is a global provider of metro optical access solutions, offering an edge-to-regional CWDM, DWDM and ROADM product portfolio to carriers and enterprises. Sorrento Networks' GigaMux optical transport products efficiently add bandwidth to clients' networks and transport mission-critical services and applications across the network infrastructure. The company is headquartered in Denver, Colo., with offices in Oakland, Calif. and Stuttgart, Germany. For more information, visit www.sorrentonet.com.

About RBN Inc.
RBN Inc. develops, manufactures and markets next-generation optical transport platforms. RBN's products include: the RBNi GigaEdge 8200 CWDM OEO ROADM, which is OSP hardened and deployed in North America, Europe and Asia; the RBNi GigaEdge 2300 Programmable Optical Transport Platform, which is configurable as a xWDM Port Expander or Transponder/Muxponder (GigaEdge 2320) or SONET/SDH Mini-MSPP (GigaEdge 2330); and the RBNi GigaEdge 6000 series passive, OSP hardened CWDM filter modules. For more information, visit www.rbni.com.

###

Sorrento, the Sorrento Networks logos and all other Sorrento Networks product or service names are trademarks or registered trademarks of Sorrento Networks, Inc. All other trademarks are property of their respective owners.