TRITON NETWORK SYSTEMS –

Orlando, Fla.

Went public 7/13/2000 at $15 per share

Filing Range: 5.5 mil. shares @ $10 to $12

Shares Outstanding: 33.8 mil. shares

Underwriters: Credit Suisse First Boston/Deutsche Banc Alex. Brown/US Bancorp Piper Jaffray

Company Counsel: Wilson Sonsini Goodrich & Rosati

Manager Counsel: Testa Hurwitz & Thibeault

Auditor: Ernst & Young LLP

The Company:

Provides broadband fixed wireless network products for local loop access. The company’s Invisible FiberTM high bandwidth broadband wireless network product line covers the 38 GHz, Local Multipoint Distribution Service (LMDS) and Local Multipoint Communication Systems (LMCS) markets, with functionality designed to fiber optic specifications. The company’s broadband fixed wireless Invisible FiberTM 155 Mbps SONET OC-3 and 100 Mbps Invisible Fiber Internet products are designed to provide telephony, data and Internet network solutions.

Venture Backers:

Meritech Capital Partners

Brentwood Venture Capital

TeleSoft Partners

Oak Investment Partners

Worldview Technology Partners

Advent International Corp.

Bessemer Venture Partners

Global Technology Group Ventures

BancBoston Capital/BancBoston Ventures

Lockheed Corp.

Adams Capital Management Inc.

Patricof & Co. Ventures Inc.

Financing Rounds:

Number of Round Amt.

Round # Round Date Stage Investors ($ thousands)

1 12/01/1997 1 Early Stage 675.0

2 05/04/1998 10 Expansion 26000.0

3 01/27/1999 5 Expansion 10500.0

4 10/18/1999 8 Expansion 50000.0

Financials:

(Data in $ millions)

Y/E

12/31/99

Total Revenues: $0.1

Net Income: -30.3