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Attention Business/Financial Editors:

Meriton Networks(TM) Names Ex-Tellabs Executive as Sales VP

Company Establishes US Headquarters in Atlanta, Georgia

OTTAWA, Canada, April 29 /CNW/ - Meriton Networks Inc. (www.meriton.com), developers of the OADX (Optical Add/Drop Switch) for integrated wavelength switching and transport services in the metro core, today announced that Craig A. Speak has been appointed vice president of North American sales. Additionally, the Company announced that it has established its U.S. headquarters in Atlanta, Georgia.

Mr. Speak is responsible for all North American sales and service, and he reports directly to Wes Biggs, president and chief executive officer of Meriton. Most recently, Mr. Speak was the vice president and general manager of North American sales for Tellabs Inc. (NASDAQ: TLAB; www.tellabs.com), a widely respected Fortune 500 company. During his 20-year career with Tellabs, Mr. Speak helped grow the company from $35 million in annual revenue to more than $3 billion. Mr. Speak held several key positions in telecommunication sales, sales management, marketing, strategic planning and new business development.

"Aside from his outstanding skills in building excellent customer relationships, Craig brings to Meriton Networks the experience and perspective of how to build a truly great company," said Wes Biggs. "Craig's leadership and vision make him one of the most respected and sought-after executives in the industry. We're delighted that he chose to join our team."

"Meriton is a company that thinks and acts strategically. For example, forming alliances with industry leaders like Clear and Micromuse to ensure that their products interoperate seamlessly, demonstrates this, as well as an impressive commitment to customers," said Mr. Speak. "I see enormous potential for integrated switching and transport in the metro, and I've aligned myself with the company poised to make the biggest contribution."

Mr. Speak is based in Atlanta, and is actively building a world-class sales organization for Meriton as the Company prepares to launch its 7200 OADX product this spring.


About Meriton Networks Inc.
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Founded in 2000, Meriton Networks Inc. is a privately held wavelength networking company. Meriton Networks has developed an advanced metro optical networking element called an Optical Add/Drop Switch (OADX). By integrating optical switching and transmission within a single unit, the OADX delivers immediate reductions in cost and network complexity for carriers and service providers. Meriton Networks offers a unique wavelength transparent solution (bit-rate and protocol independent) with superior performance monitoring and network management.

Meriton Networks and the Meriton Networks logo are trademarks of Meriton Networks Inc. Other trademarks that may be used in this document are property of their respective owners.


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For further information: Gwen Avery, Meriton Networks, 613-270-9279, gwen.avery@meriton.com; Mike Newsom, for Meriton Networks, 508-541-9036; mnewsom31@attbi.com