CoSine Communications Announces the IPSX 3500, a Powerful Entry Point Solution For Network-based IP Services

Compact Platform Creates Space Efficiencies for Service Providers While

Driving Value-Added IP Services Closer to Business Customers



Apr 24, 2001, 01:00 ET from CoSine Communications Inc.

    REDWOOD CITY, Calif., April 24 /PRNewswire Interactive News Release/ --
 CoSine Communications, Inc. (Nasdaq:   COSN), a leading provider of
 network-based IP Service Delivery Platforms, introduced today the IPSX 3500
 Service Processing Switch, the newest addition to the IPSX family of service
 processing switches.  With an 8-slot footprint, the IPSX 3500 is optimized to
 drive service delivery closer to the subscriber through deployment in the
 Service Provider's local/metro network.
     Designed for operation in Central Offices (COs) or small Points of
 Presence (POPs), the IPSX 3500 extends CoSine's suite of high-value, managed
 services to Service Providers searching for a solution that leverages their
 existing networks while adding value to their basic access service.  For
 smaller, non-fiber-based Service Providers, the IPSX 3500 introduces new
 services into their product portfolio previously available only from a larger
 Service Provider.
     For larger Service Providers that own their fiber, the IPSX 3500 enables
 the expansion of their regional footprint to create an operationally efficient
 service delivery architecture -- consisting of the IPSX 9000(TM) Service
 Processing Switch in the MegaPOP and the IPSX 3500 in the local POP -- to
 reduce regional backhaul.  Because the IPSX 3500 is so compact, all Service
 Providers are able to use rack space efficiently, reducing collocation, power
 and other operational outlays.
     "CoSine specifically designed the IPSX 3500 to provide a cost-effective
 and powerful solution for Service Providers that want to accelerate the
 delivery of value-added IP services to business subscribers outside of areas
 served by the larger POPs," said Dean Hamilton, president and CEO at CoSine.
 "As the business demand for network-based IP services increases, Service
 Providers want a flexible solution that can give them a critical first-mover
 advantage, while still driving profitability."
 
     High-Power Service Processing at a New Economy of Scale
     Like its predecessor, the IPSX 9000, CoSine's IPSX 3500 delivers a
 full-range of sophisticated IP service capabilities -- including Virtual
 Private Networks (VPNs); Network Associates Gauntlet Firewalls; IP-Enabled
 Frame Relay, Frame Relay to IPSec Interworking and Frame Relay over IPSec;
 Secure DSL; Secure DSL to VPN; Secure Virtual LAN; URL filtering; virtual
 routed private networks and more.  Service Providers can mix and match
 services on a customer-by-customer basis to meet enterprise requirements,
 provisioning them directly from the network edge.  Using CoSine's InVision(TM)
 Service Management System, Service Providers can then manage and account for
 services deployed from multiple COs or POPs from a central-site location.
     The highly scalable and robust IPSX 3500 platform stands a compact 13 rack
 units high and supports up to 3,000 virtual routers with a capacity of eight
 Service Blades.  The system also includes a 22 Gbps dual, counter-rotating
 packet ring midplane -- the same as in the larger IPSX 9000 chassis.  The IPSX
 3500's Service Blades are identical to those in the IPSX 9000 and can be used
 interchangeably in either product.
     "Competition, connectivity, commoditization and the financial markets
 together have made it mandatory that Service Providers look for additional
 revenue opportunities, and it is network-based services that can provide the
 revenue and competitive differentiators necessary to compete in today's
 market," said Michael Howard, principal analyst at Infonetics Research.
 "CoSine has leveraged its technology to produce the IPSX 3500 to extend
 advanced IP services technology to a much broader set of Service Providers.
 The new product creates new revenue opportunities while reducing operations
 expense, complexity and time needed to turn up add-on services for their
 existing customers."
 
     Extending Service Processing to More Markets and More Subscribers
     The IPSX 3500 gives CoSine greater flexibility to extend service
 processing to more markets.  As more businesses outsource their networks and
 applications to Internet Data Centers (IDCs) and other Service Providers, the
 IPSX 3500 can drive the more complex, higher-value services like security and
 VPNs.  The IPSX 3500 is a single strategic platform that allows a Service
 Provider to grow its customer base and secure its position as a single source
 of all data services.
     As Service Providers continue to build out their local/metro networks,
 their business subscribers will ultimately expect more advanced applications
 and services as they become accustomed to higher speeds.  CoSine's IPSX 3500
 enables Service Providers to drive service processing farther into the growing
 local/metro market, allowing them to capitalize on their investment in
 infrastructure and to generate a high rate of return on their high-performance
 networks.
 
     Pricing and Availability
     The CoSine IPSX 3500 Service Processing Switch is available in Q2, 2001,
 starting at $38,000.
 
     About CoSine Communications Inc.
     Founded in 1998 and based in Redwood City, Calif., CoSine is the leading
 provider of a new class of infrastructure equipment for Service Providers,
 allowing them to offer value-added, secure Internet and data services that
 increase market share, reduce churn and grow profitability in a fiercely
 competitive market.  For more information about CoSine Communications, visit
 the company's Web site at www.cosinecom.com, or contact Suzanne Panoplos at
 877-4-COSINE.
 
     "Safe Harbor" Statement Under the Private Securities Litigation Reform Act
 of 1995:  Except for historical information contained herein, the matters
 discussed in this release are forward-looking statements that involve risks
 and uncertainties.  The company may use words such as "anticipate," "believe,"
 "plan," "expect," "future," "intend" and similar expressions to identify
 forward-looking statements.  Our actual results may vary significantly based
 on a number of factors including, but not limited to, product development,
 commercialization and technology difficulties, manufacturing costs, the impact
 of competitive products, pricing, changing customer requirements, timely
 availability and acceptance of new products, and changes in economic
 conditions in the various markets CoSine serves.  We refer you to the Risk
 Factors section and other information contained in the Company's filings with
 the Securities and Exchange Commission.
 
     Contacts:  Emily Horn                    Christine McCafferty
                Gallagher PR                  CoSine Communications Inc.
                510-749-6800, ext. 229        650-637-4777
                ehorn@gpr.com                 cmccaffe@cosinecom.com
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X05266942
 
 

SOURCE CoSine Communications Inc.
    REDWOOD CITY, Calif., April 24 /PRNewswire Interactive News Release/ --
 CoSine Communications, Inc. (Nasdaq:   COSN), a leading provider of
 network-based IP Service Delivery Platforms, introduced today the IPSX 3500
 Service Processing Switch, the newest addition to the IPSX family of service
 processing switches.  With an 8-slot footprint, the IPSX 3500 is optimized to
 drive service delivery closer to the subscriber through deployment in the
 Service Provider's local/metro network.
     Designed for operation in Central Offices (COs) or small Points of
 Presence (POPs), the IPSX 3500 extends CoSine's suite of high-value, managed
 services to Service Providers searching for a solution that leverages their
 existing networks while adding value to their basic access service.  For
 smaller, non-fiber-based Service Providers, the IPSX 3500 introduces new
 services into their product portfolio previously available only from a larger
 Service Provider.
     For larger Service Providers that own their fiber, the IPSX 3500 enables
 the expansion of their regional footprint to create an operationally efficient
 service delivery architecture -- consisting of the IPSX 9000(TM) Service
 Processing Switch in the MegaPOP and the IPSX 3500 in the local POP -- to
 reduce regional backhaul.  Because the IPSX 3500 is so compact, all Service
 Providers are able to use rack space efficiently, reducing collocation, power
 and other operational outlays.
     "CoSine specifically designed the IPSX 3500 to provide a cost-effective
 and powerful solution for Service Providers that want to accelerate the
 delivery of value-added IP services to business subscribers outside of areas
 served by the larger POPs," said Dean Hamilton, president and CEO at CoSine.
 "As the business demand for network-based IP services increases, Service
 Providers want a flexible solution that can give them a critical first-mover
 advantage, while still driving profitability."
 
     High-Power Service Processing at a New Economy of Scale
     Like its predecessor, the IPSX 9000, CoSine's IPSX 3500 delivers a
 full-range of sophisticated IP service capabilities -- including Virtual
 Private Networks (VPNs); Network Associates Gauntlet Firewalls; IP-Enabled
 Frame Relay, Frame Relay to IPSec Interworking and Frame Relay over IPSec;
 Secure DSL; Secure DSL to VPN; Secure Virtual LAN; URL filtering; virtual
 routed private networks and more.  Service Providers can mix and match
 services on a customer-by-customer basis to meet enterprise requirements,
 provisioning them directly from the network edge.  Using CoSine's InVision(TM)
 Service Management System, Service Providers can then manage and account for
 services deployed from multiple COs or POPs from a central-site location.
     The highly scalable and robust IPSX 3500 platform stands a compact 13 rack
 units high and supports up to 3,000 virtual routers with a capacity of eight
 Service Blades.  The system also includes a 22 Gbps dual, counter-rotating
 packet ring midplane -- the same as in the larger IPSX 9000 chassis.  The IPSX
 3500's Service Blades are identical to those in the IPSX 9000 and can be used
 interchangeably in either product.
     "Competition, connectivity, commoditization and the financial markets
 together have made it mandatory that Service Providers look for additional
 revenue opportunities, and it is network-based services that can provide the
 revenue and competitive differentiators necessary to compete in today's
 market," said Michael Howard, principal analyst at Infonetics Research.
 "CoSine has leveraged its technology to produce the IPSX 3500 to extend
 advanced IP services technology to a much broader set of Service Providers.
 The new product creates new revenue opportunities while reducing operations
 expense, complexity and time needed to turn up add-on services for their
 existing customers."
 
     Extending Service Processing to More Markets and More Subscribers
     The IPSX 3500 gives CoSine greater flexibility to extend service
 processing to more markets.  As more businesses outsource their networks and
 applications to Internet Data Centers (IDCs) and other Service Providers, the
 IPSX 3500 can drive the more complex, higher-value services like security and
 VPNs.  The IPSX 3500 is a single strategic platform that allows a Service
 Provider to grow its customer base and secure its position as a single source
 of all data services.
     As Service Providers continue to build out their local/metro networks,
 their business subscribers will ultimately expect more advanced applications
 and services as they become accustomed to higher speeds.  CoSine's IPSX 3500
 enables Service Providers to drive service processing farther into the growing
 local/metro market, allowing them to capitalize on their investment in
 infrastructure and to generate a high rate of return on their high-performance
 networks.
 
     Pricing and Availability
     The CoSine IPSX 3500 Service Processing Switch is available in Q2, 2001,
 starting at $38,000.
 
     About CoSine Communications Inc.
     Founded in 1998 and based in Redwood City, Calif., CoSine is the leading
 provider of a new class of infrastructure equipment for Service Providers,
 allowing them to offer value-added, secure Internet and data services that
 increase market share, reduce churn and grow profitability in a fiercely
 competitive market.  For more information about CoSine Communications, visit
 the company's Web site at www.cosinecom.com, or contact Suzanne Panoplos at
 877-4-COSINE.
 
     "Safe Harbor" Statement Under the Private Securities Litigation Reform Act
 of 1995:  Except for historical information contained herein, the matters
 discussed in this release are forward-looking statements that involve risks
 and uncertainties.  The company may use words such as "anticipate," "believe,"
 "plan," "expect," "future," "intend" and similar expressions to identify
 forward-looking statements.  Our actual results may vary significantly based
 on a number of factors including, but not limited to, product development,
 commercialization and technology difficulties, manufacturing costs, the impact
 of competitive products, pricing, changing customer requirements, timely
 availability and acceptance of new products, and changes in economic
 conditions in the various markets CoSine serves.  We refer you to the Risk
 Factors section and other information contained in the Company's filings with
 the Securities and Exchange Commission.
 
     Contacts:  Emily Horn                    Christine McCafferty
                Gallagher PR                  CoSine Communications Inc.
                510-749-6800, ext. 229        650-637-4777
                ehorn@gpr.com                 cmccaffe@cosinecom.com
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X05266942
 
 SOURCE  CoSine Communications Inc.