FOR IMMEDIATE RELEASE

INFOTELESYS, THE FASTEST NEXT GENERATION INTERNET – SELECTED AS A FINALIST IN THE ASIAN SILICON VALLEY CONNECTION (ASVC) START-UP EVENT

Silicon Valley – October 18, 2001 - InfoTelesys, Inc., the company solving the last mile problem by building the next generation IT-I2™ network capable of delivering content at 200 Mbps and 1 Gbps, was recently selected as a finalist amongst fifteen pre-qualified startup companies that were invited to present at the Asian Silicon Valley Connection (ASVC) Start-up competition event, “Gong Show”.

The competitive event was established to bring together entrepreneurs and venture capitalists. Panelists are prominent business leaders including Principal Managing Director at SOFTBANK Venture Capital, General Partner at Hitek Venture Partners, Co-Founder and former CTO at CoSine Communications, former Chairman and CEO at ImmuneTech, and Partner at VantagePoint Venture Partners, with Eric Pfeiffer, Editor of Forbes Magazine, as the moderator.

InfoTelesys claims to be the only company building a network capable of delivering global interactive on-demand DVD and HDTV quality content for next generation Internet.  “By fundamentally re-architecting the bones of the network, we are able to deliver connections directly to the consumer that are over one thousand times faster than competing broadband DSL, cable and satellite options, and some seventeen thousand times faster than modems.” said Clive Boustred, Founder, Chairman and CEO of InfoTelesys.  The company already has demonstrations of its technology and is preparing to launch its first vertical.

InfoTelesys, Inc. has developed state-of-the-art, ultra-high-speed technologies that provide DVD and HDTV quality content for the next generation of rich media Internet applications. Limited information can be obtained by visiting the company’s website http://www.InfoTelesys.com

We are the last mile™, IT-I2™ are trademarks of InfoTelesys, Inc.

Copyright © 2005 InfoTelesys, Inc. All rights reserved.