SERCONET LAUNCHES A FLEXIBLE HOME NETWORKING SYSTEM COMBINING WIRELESS AND WIRED NETWORKS FOR BROADBAND DISTRIBUTION

The NetHome™ System Offers Service Providers and Professional Installers a Service-Based Home Networking System Giving Consumers Reliable Broadband Access In Every Outlet of the House

Southborough, MA - April 14, 2003 - SercoNet, Inc. (www.serconet.net), the driver in embedded, service-oriented home networking systems, announced today its NetHome™ System for Service Providers, Contractors and Professional Installers. The NetHome™ System enables them to provide a service-based home networking system that for the first time combines the flexibility of wireless access with a high performance Ethernet-based wired backbone, enabling the distribution of current and future broadband applications to consumers.

The NetHome™ System combines voice, data and DC power to create a powerful Ethernet Local Area Network (LAN) Backbone. Unlike other home networking solutions, the NetHome™ System doesn't require new wiring. Once installed, the NetHome™ System - a series of Smart Outlets, which replace the existing telephone faceplates in the home - becomes part of the home and contributes to increased resale value for the homeowner.

"As the home networking market moves from the classic early adopter phase to the mass market phase consumers are demanding an easy to install, easy to use, service-based home network. This service based network must be able to support today's applications such as broadband connection sharing yet provide support for next generation applications, such as MP3 file sharing and streaming video," said Amir Eldad, CEO of SercoNet. "We took a professional networking approach to designing a home networking system by creating a powerful and robust wired backbone and combined it with the flexibility of wired or wireless access".

For service providers, they now can fill the pent up demand for cost-effective home networking solutions and provide a truly differentiated service to consumers. Once the NetHome™ System is installed it becomes part of the home infrastructure - thus helping service providers to increases revenue, reduces customer churn, increases operating margins and significantly lowers reacquisition costs by minimizing additional truck rolls.

For professional installers, SercoNet provides a flexible, non-invasive system that can be implemented quickly. This is attractive to homeowners and helps installers attract new customers. Since the NetHome™ System runs over existing wiring, and it doesn't involve any special equipment be installed into the homeowners PC's, builders do not need to hire anyone with special technical expertise.

"We have selected SercoNet's NetHome™ System for new and retrofit home installations because it is providing homeowners with something truly unique in home network systems," said Dan Allen, Director of Business Development of Bolt Home Systems. "Our customers can now have the benefits of wireless access throughout the home without degradation of service, and we don't have the inconvenience of installing additional wiring, which can cause headaches for the consumer, such as drywall damage. The NetHome™ System is a very attractive alternative to other home networking technologies currently on the market today."

"As the number of networked households and broadband subscribers rise, there has been increasing demand for a better, more efficient way to create a reliable home network infrastructure," said Mike Wolf, Director, In-Stat/MDR. "SercoNet has taken a unique approach with its technology, combining the power of a wired backbone with the flexibility of a wireless access LAN, to offer service providers and professional installers a very appealing home network solution to consumers using broadband applications. This fusion of wireless LAN, along with the distributed network topology, is where SercoNet really shines".

The major components of the NetHome™ System are:

· NetHome™ Smart Outlet: Provides access to the wired backbone and delivers voice, standard Ethernet and DC power over a single pair of telephone wires. It provides regeneration of the data signals, guaranteeing system performance regardless of the type of phone wire or wiring topology deployed in the home. In addition to the data port, the NetHome™ Smart Outlet has two voice ports which leave the phone system services including support in dial-up modems, faxes, speakerphones, answering machines and caller ID systems intact.

· NetHome™ Wireless Access Point IEEE-802.11b: The NetHome™ System supports one or several Wireless Access Points to be located wherever there is a phone outlet in the house. This ensures better coverage by the wireless technology and enhances data throughput, with fewer obstacles between the wireless devices. Using standard IEEE-802.11b as the wireless transmission protocol, the NetHome™ Wireless Access Point 802.11b can communicate with any wireless device using the same standard protocol.

Pricing and Availability The NetHome™ System from SercoNet is available now. List pricing for the NetHome™ system begins at $250 and is dependent on the configuration. For more information, please contact Jim Gayton, Director of Marketing at 508 229-3670 x222 or jim.gayton@serconet.net About SercoNet SercoNet provides an advanced, service-based home networking infrastructure that combines the flexibility of wireless access with a high performance Ethernet-based wired backbone, enabling the distribution of current and future broadband applications to consumers. Its customers are leading service providers and professional installers who sell SercoNet's system as a service to homeowners for reliable broadband access and connectivity for every outlet of the home. SercoNet, founded in 1999, is a privately-held, venture-backed company based in Southborough, MA. For more information, please visit our web site at www.serconet.net.