Narad Networks, Inc., a provider of business broadband access solutions using MSOs' existing cable networks, today announced that Daniel J. Sullivan and Howard J. Hall have joined Narad as chief financial officer and vice president of sales, respectively. The hiring of the two executives is a continuation of Narad's growth as it ramps up its business in the cable industry's commercial services sector.

"I am delighted to welcome Dan and Howard to the team," said James D. Norrod, CEO of Narad Networks, Inc. "We are fortifying the team to support the cable industry's increased emphasis on small-to-medium businesses, multi-site enterprises, and wireless services. These executives are a great fit for Narad because of their successful track records and their growth orientation."

Narad offers access solutions for high-speed data connectivity, voice over IP, and true TDM-based T1 connections via its switched Ethernet-over-cable solution. Narad's solution creates new, managed, secure bandwidth on existing cable networks. Narad's all-in-one CPE modem allows T1 lines from PBXs and Ethernet connections from LANs to be carried together and offered as a bundled service. The Narad solution augments the existing HFC nodes with 400 Mbps symmetric bandwidth that can be subdivided into fully symmetric, committed information rates (CIR) between 1 Mbps and 100 Mbps each.

Dan Sullivan, with over twenty five years of high tech experience, is responsible for finance, human resources, IT and investor relations. Most recently, he served as the chief financial officer at Sand Video, which was acquired by Broadcom Corporation. Prior to that, Sullivan led the successful effort to take Netsilicon public. Howard Hall, with over 13 years of direct sales and management experience, is responsible for sales and customer support. He has a proven track record of working with customers to structure and implement new services leveraging innovative technologies. Howard brings a cable industry background from companies such as Triple Play Integration, OpenTV, and Spyglass Integration.

Dan and Howard join Narad's existing executive team members Jim Norrod, chief executive officer, Chuck Kaplan, chief operating officer, and Dick Swee, executive VP of engineering and operations.

About Narad Networks Narad Networks, Inc. provides cable operators with cost-effective solutions to create new, managed, symmetric capacity on existing cable networks. Narad enables the delivery of highly profitable broadband Ethernet services over cable infrastructure while minimizing capital expenditures and accelerating free cash flow. The company's solution leverages the previously unusable frequency spectrum between 900MHz and 1.1 GHz to overlay secure, switched Ethernet services onto existing HFC networks. The solution can be installed in phases, only adding equipment to those portions of the plant that lie directly between the node and the business customers to be served. Narad's solution enables cable operators to offer services such as Symmetric Broadband Ethernet up to 100 Mbps, virtual private networks, Voice-over IP, and true T1/E1 transport. Business customers include small-to-medium businesses (SMBs), mobile and WiFi operators, enterprise customers, schools and municipalities.

Founded in July 2000 and based in Westford, Massachusetts, Narad Networks is a privately held company with venture funding from Polaris Venture Partners, Argo Global Capital, and other leading venture capital firms. For more information, visit www.naradnetworks.com.