(EMAILWIRE.COM, February 01, 2001 ) Yipes Communications, Inc., the defining provider of scalable bandwidth on demand, today announced that Dr. Kamran Sistanizadeh, Co-Founder and Chief Technology Officer of Yipes, was honored last night by tele.com magazine and ComNet 2001 as a winner in The Ovations. The industry awards program recognizes the leaders of service provider innovations and focuses on extraordinary individual achievements in technology, products and services, business and legislative policy.

Sistanizadeh is the primary architect of Yipes' pioneering optical IP networks. He was honored for his contributions to outstanding innovation in access network design and engineering. The panel of judges, comprised of tele.com's senior editors and other industry experts, selected winners in 11 categories out of hundreds of nominations, based on how significantly their contributions and innovations have positively affected the global service provider industry.

"We looked for leadership, execution and innovation, and we saw that in Yipes," said John Salak, Editor-in-Chief of tele.com. "Yipes' success in rolling out service to 20 markets nationwide is reflected in the wonderful technology and architecture that Dr. Sistanizadeh and his team have put together."

Years of Experience

Sistanizadeh has over sixteen years of experience in data and telecommunications. Prior to joining Yipes, he was CTO of Bell Atlantic Global Networks Inc., responsible for the integrated voice and data network for long distance service. He spent six years with Telcordia (formerly Bell Communications Research) involved with digital transmission technology research and data service planning for the telecom industry.

Sistanizadeh has been awarded 16 patents and has contributed to more than 30 technical publications. He played a significant role in the standardization of xDSL technology and was one of the founding members of the ADSL Forum. He received his Ph.D.EE from Virginia Polytechnic Institute in 1986 and MBA from Georgetown University in 1998. He is a Senior Member of IEEE.

"I am honored to be recognized by ComNet and tele.com for helping to implement the access network of the future, today at Yipes," said Sistanizadeh. "By breaking bandwidth bottlenecks between corporate LANs and high-speed backbones, our optical IP networks are pointing the way to faster, more flexible and affordable data services that will enable a host of new Internet applications."

Since introducing service 11 months ago, Yipes has won awards or recognition from a variety of distinguished business and industry trade journals, including America's Network, Computerworld, Interactive Week, LocalBusiness.com, The Net Economy, Network World and Telephony.

First National Provider

Yipes is widely recognized as the first national provider of scalable bandwidth on demand. Yipes' managed optical IP networks deliver an unmatched combination of speed, simplicity and flexibility, using the pervasive and familiar Ethernet interface. Yipes services include Yipes MAN (LAN-to-LAN service between business locations) and Yipes NET (high-speed Internet service), both scalable from 1 Mbps to 1 Gbps, in 1 Mbps increments. Businesses can also connect sites across the country at customer-selected speeds using Yipes WAN, a wide area network service. With Yipes' Just-In-Time Bandwidth(SM), customers get the service they need, when they need it.

Yipes currently serves 20 markets across the country. Its customers include Fortune 1000 companies, ISPs and ASPs, Web-based businesses, software developers, law firms, major medical facilities, universities, financial institutions, school districts and government agencies.

Yipes is the defining provider of managed optical IP networks. Yipes leverages the elegance of native Ethernet technology to provide Just-In-Time Bandwidth(SM) that is smoothly and quickly scalable from 1 Mbps to 1 Gbps (in 1 Mbps increments), enabling the next generation of Internet services. Yipes' highly affordable services, currently available in 20 markets coast-to-coast, include Yipes MAN (metro area networking), Yipes WAN (wide area networking), Yipes NET (high-speed Internet access), Yipes WALL (managed firewall service) and Yipes WEB SERVICES (e-commerce infrastructure). Yipes is building the first Application-Aware Network(SM), which will empower customers to manage bandwidth and quality of service on a real-time, application-specific basis. Yipes has received $265 million in funding from more than 20 investors including Norwest Venture Partners, New Enterprise Associates (NEA), The Sprout Group/DLJ, Charter Growth Capital, JP Morgan Partners, BancBoston Capital, Soros Private Equity Partners, Focus Capital and Intel Capital. The company is headquartered in San Francisco. For more information, visit www.yipes.com.

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Produced for Yipes

Contact: Jonathan Marshall
Senior Director, Public Relations
Yipes Communications, Inc.
415/901-2179
jonathan.marshall@yipes.com

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Contact Information:
Yipes Communications, Inc.
Joseph Nchor
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