Bang Networks Brings the Real-Time Internet to the Masses, Ending Today's Static Web Experience

Dow Jones, Excite@Home, FXA, IronPlanet and Standard & Poor's ComStock Use

Bang Networks for Real-Time Applications; Investors Sequoia Capital, Marc

Andreessen, Angel Investors, Nicholas Negroponte and Dan Warmenhoven Take

Active Roles in Company



Apr 02, 2001, 01:00 ET from Bang Networks, Inc.

    SAN FRANCISCO, April 2 /PRNewswire/ -- Bang Networks
 (www.bangnetworks.com) today announced its company and first-of-its-kind,
 real-time routing network.  Industry leaders including Dow Jones (NYSE:   DJ);
 Excite@Home (Nasdaq:   ATHM), the leader in broadband; FXA; IronPlanet; and
 Standard & Poor's ComStock (NYSE:   MHP) are using Bang Networks to power their
 web-based applications with new real-time capabilities, while evaluating
 potential network and business efficiency benefits.  Additionally, Bang
 Networks announced its membership in the Cisco (Nasdaq:   CSCO) Service Provider
 Solutions Ecosystem Program and the Exodus Communications(R), Inc.
 (Nasdaq:   EXDS) Partnering for Success Alliance Partner program.  Bang Networks
 also announced its seasoned advisory board and top-tier investors.
     "Excite@Home is committed to delivering the best of the web to our users,
 like real-time sports scores on Excite Sports scoreboard," said Kris
 Carpenter, vice president of the Excite Network.  "As the first portal to
 trial this technology, we're optimistic that Bang Networks' innovative
 technology will help take the user's online experience to the next level with
 the delivery of compelling, real-time content."
     The demand for time-sensitive information continues to grow at a rate
 today's Internet infrastructure cannot support.  Because the Internet was
 originally designed as a "request and retrieve" system for static documents,
 Web servers can only deliver snapshots of the information they contain at the
 time of a user request.  Hence, entire Web pages must be reloaded again and
 again in order to receive updated information.  This process congests
 networks, compromising performance, and costs businesses millions of dollars
 each month in unnecessary bandwidth charges.
     The Bang Real-Time Network(TM) bypasses these inherent limitations by
 creating and maintaining simultaneous, persistent connections with millions of
 open browsers and applications on Internet-enabled devices.  As soon as
 information changes on the content server, the Bang Real-Time Network routes
 only these changes directly to end-users.  Through this network, businesses
 can now deliver any type of information in real-time to users anywhere.
     "The mass availability of real-time functionality has far-reaching
 implications for everything from real-time financial markets over the public
 Internet, to mission-critical enterprise applications," said Tim Tuttle, Bang
 Networks chief technical officer and co-founder.  "Until now, real-time
 information has only been available in exclusive, high-end, private networks
 powered by expensive technologies.  Bang Networks is making real-time
 functionality ubiquitous, ultimately changing the face of the Internet."
     DirectPath(TM), Bang Networks' first service offering, is a network
 service that works seamlessly with customers' existing Web site operations.
 DirectPath makes it possible to create compelling, real-time experiences by
 adding a simple tag to any piece of HTML, thus enabling that HTML to receive
 live updates.  After an initial web page is download, the DirectPath service
 establishes and maintains a persistent connection between the browser and the
 Bang Real-Time Network, allowing continuous content updates and command
 signals to be routed directly into open pages.  As a result, end-users receive
 compelling real-time information without hitting the refresh button.
 Additionally, Bang Networks' customers experience reduced server load and
 increased bandwidth efficiency from this highly scalable network solution.
     As a member of the Cisco Service Provider Solutions Ecosystem Program,
 Bang Networks will work with other members of the program to enable service
 providers to bring real-time functionality to their service offerings,
 increasing end user satisfaction as well as profitability.
     "By participating in the Service Provider Solutions Ecosystem Program,
 Bang Networks will help Cisco deliver best-of-breed, end-to-end solutions to
 the service provider market," said Steve Hoch, director of service provider
 marketing at Cisco.  "We are excited to work with companies like Bang Networks
 to expand our Ecosystem program offerings."
     "At Bang Networks, we are developing technologies that will fundamentally
 change the Internet, and we have some of the brightest minds in the industry
 united behind our vision," said Bob Rosin, Bang Networks president and
 co-founder.  "We feel very fortunate to have such strong support from
 investors and advisors of this caliber.  Their confidence in our business and
 the value we provide our customers works only to push us forward in the
 creation of the next generation of the Internet."
     Bang Networks raised over $18 million in equity and debt during the Fall
 of 2000 with investments from Sequoia Capital; Angel Investors LP; Marc
 Andreessen, Loudcloud chairman and founder of Netscape Communications; Dan
 Warmenhoven, Network Appliance CEO; Jeff Parker, CCBN.com CEO and First Call
 founder; and Nicholas Negroponte, MIT Media Lab director.
     Additionally, Bang Networks announced its advisory board.  Members
 include:  Marc Andreesseen; Hart Hooton, CNN/SI Interactive general manager;
 Ian Small, marchFIRST (formerly USWeb/CKS) Chief Strategy Officer; Marco
 Iansiti Ph.D., Harvard Business School professor; Jay Light Ph.D., Harvard
 Business School professor; Hugh Bray Ph.D., MIT professor; Warren Seering
 Ph.D., MIT professor; Jon Burgstone, EVP Ariba, former CEO and founder,
 SupplierMarket.com; Vince Vannelli, SVP, Inktomi Corp.
 
     About Bang Networks
     Bang Networks is the leading provider of technologies and services
 enabling the real-time Internet.  At the core of these services lies the Bang
 Real-Time Network, the largest network designed to maintain persistent
 connections with open browsers, applications, and Internet-enabled devices.
 The Bang Real-Time Network supports millions of concurrent connections and
 maintains capacity to route billions of unique data objects every hour.  For
 the first time, businesses can bypass the inherent limitations of the Internet
 to power mission-critical applications with real-time information and control.
 For more information, please visit our Web site at www.bangnetworks.com.
     NOTE:  Bang Networks, DirectPath and Bang Real-Time Network are trademarks
 of Bang Networks, Inc.  Other trademarks are property of their respective
 owners.
     Excite@Home, @Home, Excite and the "@" stylized logo are trademarks of At
 Home Corporation and may be registered in certain jurisdictions.
 
 

SOURCE Bang Networks, Inc.
    SAN FRANCISCO, April 2 /PRNewswire/ -- Bang Networks
 (www.bangnetworks.com) today announced its company and first-of-its-kind,
 real-time routing network.  Industry leaders including Dow Jones (NYSE:   DJ);
 Excite@Home (Nasdaq:   ATHM), the leader in broadband; FXA; IronPlanet; and
 Standard & Poor's ComStock (NYSE:   MHP) are using Bang Networks to power their
 web-based applications with new real-time capabilities, while evaluating
 potential network and business efficiency benefits.  Additionally, Bang
 Networks announced its membership in the Cisco (Nasdaq:   CSCO) Service Provider
 Solutions Ecosystem Program and the Exodus Communications(R), Inc.
 (Nasdaq:   EXDS) Partnering for Success Alliance Partner program.  Bang Networks
 also announced its seasoned advisory board and top-tier investors.
     "Excite@Home is committed to delivering the best of the web to our users,
 like real-time sports scores on Excite Sports scoreboard," said Kris
 Carpenter, vice president of the Excite Network.  "As the first portal to
 trial this technology, we're optimistic that Bang Networks' innovative
 technology will help take the user's online experience to the next level with
 the delivery of compelling, real-time content."
     The demand for time-sensitive information continues to grow at a rate
 today's Internet infrastructure cannot support.  Because the Internet was
 originally designed as a "request and retrieve" system for static documents,
 Web servers can only deliver snapshots of the information they contain at the
 time of a user request.  Hence, entire Web pages must be reloaded again and
 again in order to receive updated information.  This process congests
 networks, compromising performance, and costs businesses millions of dollars
 each month in unnecessary bandwidth charges.
     The Bang Real-Time Network(TM) bypasses these inherent limitations by
 creating and maintaining simultaneous, persistent connections with millions of
 open browsers and applications on Internet-enabled devices.  As soon as
 information changes on the content server, the Bang Real-Time Network routes
 only these changes directly to end-users.  Through this network, businesses
 can now deliver any type of information in real-time to users anywhere.
     "The mass availability of real-time functionality has far-reaching
 implications for everything from real-time financial markets over the public
 Internet, to mission-critical enterprise applications," said Tim Tuttle, Bang
 Networks chief technical officer and co-founder.  "Until now, real-time
 information has only been available in exclusive, high-end, private networks
 powered by expensive technologies.  Bang Networks is making real-time
 functionality ubiquitous, ultimately changing the face of the Internet."
     DirectPath(TM), Bang Networks' first service offering, is a network
 service that works seamlessly with customers' existing Web site operations.
 DirectPath makes it possible to create compelling, real-time experiences by
 adding a simple tag to any piece of HTML, thus enabling that HTML to receive
 live updates.  After an initial web page is download, the DirectPath service
 establishes and maintains a persistent connection between the browser and the
 Bang Real-Time Network, allowing continuous content updates and command
 signals to be routed directly into open pages.  As a result, end-users receive
 compelling real-time information without hitting the refresh button.
 Additionally, Bang Networks' customers experience reduced server load and
 increased bandwidth efficiency from this highly scalable network solution.
     As a member of the Cisco Service Provider Solutions Ecosystem Program,
 Bang Networks will work with other members of the program to enable service
 providers to bring real-time functionality to their service offerings,
 increasing end user satisfaction as well as profitability.
     "By participating in the Service Provider Solutions Ecosystem Program,
 Bang Networks will help Cisco deliver best-of-breed, end-to-end solutions to
 the service provider market," said Steve Hoch, director of service provider
 marketing at Cisco.  "We are excited to work with companies like Bang Networks
 to expand our Ecosystem program offerings."
     "At Bang Networks, we are developing technologies that will fundamentally
 change the Internet, and we have some of the brightest minds in the industry
 united behind our vision," said Bob Rosin, Bang Networks president and
 co-founder.  "We feel very fortunate to have such strong support from
 investors and advisors of this caliber.  Their confidence in our business and
 the value we provide our customers works only to push us forward in the
 creation of the next generation of the Internet."
     Bang Networks raised over $18 million in equity and debt during the Fall
 of 2000 with investments from Sequoia Capital; Angel Investors LP; Marc
 Andreessen, Loudcloud chairman and founder of Netscape Communications; Dan
 Warmenhoven, Network Appliance CEO; Jeff Parker, CCBN.com CEO and First Call
 founder; and Nicholas Negroponte, MIT Media Lab director.
     Additionally, Bang Networks announced its advisory board.  Members
 include:  Marc Andreesseen; Hart Hooton, CNN/SI Interactive general manager;
 Ian Small, marchFIRST (formerly USWeb/CKS) Chief Strategy Officer; Marco
 Iansiti Ph.D., Harvard Business School professor; Jay Light Ph.D., Harvard
 Business School professor; Hugh Bray Ph.D., MIT professor; Warren Seering
 Ph.D., MIT professor; Jon Burgstone, EVP Ariba, former CEO and founder,
 SupplierMarket.com; Vince Vannelli, SVP, Inktomi Corp.
 
     About Bang Networks
     Bang Networks is the leading provider of technologies and services
 enabling the real-time Internet.  At the core of these services lies the Bang
 Real-Time Network, the largest network designed to maintain persistent
 connections with open browsers, applications, and Internet-enabled devices.
 The Bang Real-Time Network supports millions of concurrent connections and
 maintains capacity to route billions of unique data objects every hour.  For
 the first time, businesses can bypass the inherent limitations of the Internet
 to power mission-critical applications with real-time information and control.
 For more information, please visit our Web site at www.bangnetworks.com.
     NOTE:  Bang Networks, DirectPath and Bang Real-Time Network are trademarks
 of Bang Networks, Inc.  Other trademarks are property of their respective
 owners.
     Excite@Home, @Home, Excite and the "@" stylized logo are trademarks of At
 Home Corporation and may be registered in certain jurisdictions.
 
 SOURCE  Bang Networks, Inc.

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