News Release

Media contact: Gwen Avery, edgeflow

613-270-9279; gwen.avery@edgeflow.com

Gillian Brouse, for edgeflow

613-230-1863 ext. 223; gillian@reideddison.com

EDGEFLOW™ ANNOUNCES ADVISORY COUNCIL TO GUIDE STRATEGIC DIRECTION

Executives from Metromedia Fiber Network, LayerOne, American Fiber Systems, Equinix, Universe2U and CANARIE

selected to represent customer and research communities

Ottawa, ON, May 22, 2001 — edgeflow Inc. (www.edgeflow.com), a developer of intelligent optical networking systems, today announced the creation of an advisory council, and the appointment of eleven charter members, world-class luminaries from industry and research. They include advisors chosen to represent prospective customer segments.

Central to the edgeflow™ advisory council are several known technology and business leaders who will assist in refining edgeflow’s overall business strategy and technical vision. They include:

· Dr. Rongqing Hui, an optical communications researcher and a professor at the University of Kansas who has consulted for various fiber-optic communications companies. Dr. Hui has published widely and holds a number of US patents in the area of optical technologies. He is an editor of optical transmission and switching for IEEE Transactions on Communications.

· Bill St-Arnaud, senior director of network projects for CANARIE Inc., Canada’s advanced Internet development organization. A widely-respected industry spokesperson, Mr. St-Arnaud led the creation of the world’s first national optical R&D Internet network, CA*net3.

· Ken Wigglesworth, founder and principal of Eagle One Ventures Corporation, a mentor capital firm focusing on networking and telecom infrastructure start-ups. Ken is a chartered accountant, and prior to Eagle One, he was executive vice president administration and chief financial officer at Newbridge Networks (acquired by Alcatel, NYSE: ALA). As CFO, he was instrumental in the creation, incubation and exit strategies of many Newbridge affiliates — notably Tundra, Cambrian (acquired by Nortel), and Abatis (acquired by Redback) — and in Newbridge’s early investment in Juniper Networks.

Advisors chosen by edgeflow to represent the interests of prospective customers include:

· Scott Berry, director of global product management at Metromedia Fiber Network, the leader in deployment of optical IP Internet infrastructure within key metropolitan areas domestically and internationally;

· Bob Collet, chief technology officer for Velocita Corp., a nationwide broadband networks provider serving communications carriers, Internet service providers, and corporate and government customers;

· Patrick Guadalajara, vice president of technology for LayerOne, a privately-held pioneer company in optical transport exchange;

· Paul Körber, executive vice president of technology solutions at Universe2U Inc. (OTC/ BB: UTOU), a preferred facilities-based provider of access communications infrastructure, end-to-end network services, and “managed access” solutions. Universe2U is developing its community networks in partnership with local governments, rights-of-way owners, institutions and businesses;

· John Marshall, founder and CEO of JCI Corporation, provider of a fiber-based network and the FIRELINE suite of file transport, video collaboration and storage services which are being established as the primary digital collaboration platform for North America's entertainment creation industry;

· Kevin Mullaney, chief technology officer of privately-held American Fiber Systems, an independent provider of metropolitan dark fiber optic communications networks for carriers and service providers in mid-sized U.S. cities;

· Alexander Muse, founder, president and CEO of LayerOne; a privately-held pioneer company in optical transport exchange; and,

· William B. Norton, co-founder and chief technical liaison for Equinix (NASDAQ: EQIX), the creators of Internet Business Exchange™ centers which provide enterprises and Internet companies with service delivery, availability of bandwidth from multiple networks, scalable interconnection, complete neutrality and multi-level physical security.

“We have applied the principles of our ‘lightning rod’ recruiting strategy to the selection of advisory council members,” said Wes Biggs, edgeflow co-founder and CEO. “In building our team at edgeflow, we saw that hiring key individuals helped us attract the best-respected managers and networking experts in this community. We expect to have a similar impact on winning customers and building our business by bringing such esteemed advisors to the table. Every one of these individuals brings incredible value to our organization.”

According to industry analyst, Deb Mielke of Treillage Network Strategies, an advisory council of the caliber of edgeflow’s is a differentiator for a young company. “Being able to tap into the experience that this group brings is a substantial competitive advantage for edgeflow.”

The edgeflow advisory board will provide ongoing counsel and advice to the company’s management team, as required.

In June 2001, the advisors will be onsite at the company’s headquarters in Ottawa to review the substantial progress the company is making in securing widespread customer support for its hardware and software solution.

About edgeflow Inc.

Founded in 2000, edgeflow Inc. (www.edgeflow.com) is a privately held company, developing intelligent networking solutions for customer-driven optical networks. Its investors include California-based Sierra Ventures (www.sierraven.com), and Kanata-based Venture Coaches (www.venturecoaches.com), a photonics and wireless investor that couples its financial backing with additional business resources.

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