RETAILVISION, SAN FRANCISCO, CA (April 14, 1999)—ShareWave, Inc., an ingredient supplier of multimedia-capable wireless home networking technology, today announced that NETGEAR has adopted ShareWave^TM Digital Wireless technology for a new line of wireless home networking products. NETGEAR, a wholly owned subsidiary of Nortel Networks (NYSE:NT), will incorporate ShareWave Digital Wireless into a family of wireless networking modules. These solutions will be targeted to consumers and will be available later this fall through NETGEAR’s retail partners.

Using ShareWave’s technology, NETGEAR will add a family of wireless networking products that interfaces to NETGEAR’s existing family of products, including those based on Ethernet and home phoneline wiring. NETGEAR will offer ShareWave-based networking solutions that extend high-speed Internet connections, such as cable, ISDN and xDSL modems, to other networked devices throughout the home. As a result, consumers can access computer content and peripherals, as well as broadband connections and services, from any location in the home.

"ShareWave provides the only multimedia-capable wireless home networking solution that supports all media types, from data to video," said Jim Schraith, ShareWave President and CEO. "Consumers will soon have a high-speed, low cost, wireless option for distributing broadband Internet connections everywhere in the home; something that isn’t achievable with today’s low speed solutions."

About ShareWave Digital Wireless

ShareWave Digital Wireless is a portfolio of technologies that enables real-time multimedia-capable digital wireless connections among a variety of devices throughout the home. Devices built using ShareWave Digital Wireless are capable of sharing multimedia content including video, audio, voice, and data. These devices can also share external high-speed connections, as well as local capabilities such as processing power, storage and peripherals. Products that incorporate ShareWave technology Digital Wireless provide the end user with several key benefits, including the ability to interconnect PCs, phones, TVs and other Internet devices over a single high-speed wireless network. These capabilities enable consumers to access many types of new broadband services, including VoIP (Voice over IP), video on demand, and high-speed Internet access from convenient locations and activity-appropriate devices anywhere in and around the home. ShareWave Digital Wireless is the industry’s fastest home networking solution enabling data rates of 4 Mbps today and 11 Mbps before the end of the year.

About NETGEAR
NETGEAR was founded in January 1996 as a business unit of Bay Networks, a wholly owned subsidiary of Nortel Networks* (NYSE:NT). NETGEAR's mission is to serve the small-office and home-office (SOHO) market with economical, easy-to-install, powerful networking solutions. NETGEAR's family of scalable connectivity products includes: 10, 100 and 10/100 Mbps hubs, switches and adapter cards; network starter kits; ISDN routers and modems; and print server hubs.

Nortel Networks delivers value to customers around the world through Unified Networks* solutions, spanning mission-critical telephony and IP-optimized networks. Customers include public and private enterprises and institutions; Internet service providers; local, long-distance, cellular and PCS communications companies, cable television carriers and utilities.

Nortel Networks' common shares are listed on the New York, Toronto, Montreal, Vancouver, and London stock exchanges. Nortel Networks had 1998 revenues of US$17.6 billion and has approximately 75,000 employees worldwide.

*Nortel Networks, the Nortel Networks Globemark, Unified Networks and How the world shares ideas are trademarks of Northern Telecom Limited. Bay Networks and NETGEAR are trademarks of Bay Networks Inc. Other brand and product names are registered trademarks or trademarks of their respective holders.

About ShareWave