MARNETICS ANNOUNCES THE DEVELOPMENT OF THE FIRST PRODUCT IN ITS NEW PROSPERA PRODUCT LINE

Author by Anonymous

Ra'anana, Israel - Marnetics Ltd, a wholly owned subsidiary of Marnetics Broadband Technologies (AMEX: MXB), has announced today that it has completed the development of it's first version of Prospera MegaLink, the first product of the Company's new Prospera product line. Prospera is based on the Company's innovative and proprietary technology.

    


The Prospera MegaLink addresses a new market of Network Capacity Enhancement solutions, enabling a larger number of users to share, and simultaneously use, key network resources, especially under heavy traffic conditions. The anticipated market for Prospera MegaLink is primarily Internet-related Service Providers, and medium-to-large enterprises, where users typically experience a considerable slow-down and poor perceived performance level when the network is congested.



The conventional approach of buying more bandwidth is expensive and does not always solve the problem, since bandwidth hungry TCP/IP applications tend to consume all the newly available bandwidth. Marnetics patent-pending technology, is intended to identify in real-time the problems in the inter-relations between the various sessions, and balances the bandwidth consumption between them. The impact is a significant increase in the maximum number of users who can simultaneously use the bottlenecked links,



"Prospera MegaLink is a new type of Network Capacity Enhancement solutions", said Menachem Reinschmidt, Marnetics founder and CEO. "Protecting the users and critical network resources from peak load situations, is crucial for the smooth operation of any network. We are very proud with the technological achievement we gained. Now the big challenge is to bring our messages to our potential customers in the various sectors of the telecom market."



The Prospera MegaLink was field tested in the recent weeks in an operational environment in Barak Communications, a leading Internet Service Provider in Israel. In the light of the good results that were achieved, it was mutually agreed between Barak and Marnetics, to upgrade the tests into a Beta level, where the Prospera MegaLink, will be installed to serve a large group of business ADSL users.



The Company anticipates that the Prospera MegaLink will be commercialized during the first half of the year 2002. The company also anticipates that the new Prospera product line will start generating revenues during the 4th quarter of the year 2002.





About Marnetics

Marnetics Broadband Technologies Ltd., through its wholly-owned subsidiary, Marnetics Ltd., specializes in the development and marketing of Internet performance enhancement solutions. Prospera™, the Company's product line, is a Capacity Enhancement Platform which will feature such capabilities as peak protection, network monitoring and management, and differentiated services. Marnetics products are intended to better manage over-subscription situations in Internet and Intranet networks, and better utilize corporate network infrastructure. Shareholders in Marnetics include ECI Telecom (NASDAQ: ECIL), Linkware Ltd., European and Israeli venture capital funds and private investors, as well as the directors, managers and employees of Marnetics and its subsidiaries.

Information about Marnetics may be obtained from the Company's web site: www.marnetics.com or from the following contact:



Rose Rubin, CEO assistant

Telephone: ++ 972-9-761-6862; Facsimile: ++ 972-9-744-7715

Mobile:    
    
++ 972-54-737-901

Email:   
    
rose@marnetics.com





Certain statements contained in this press release are not historical in nature and are forward-looking statements. Forward-looking statements are not guarantees since there are inherent difficulties in predicting future results, and actual results could differ materially from those expressed or implied in the forward-looking statements. For a list of major factors that could cause actual results to differ materially from those projected, refer to the filings of Marnetics Broadband Technologies Ltd. (formerly named Stav Electrical Systems (1994) Ltd.) with the Securities and Exchange Commission.