Appear Networks Announces Record Sales of Intelligent Wireless Communication Platform

Stockholm, January 26, 2005 - Appear Networks, a leading provider of intelligent wireless communication platforms for mobile workforces, today announced record sales and strong revenue growth for Fiscal Year 2004. Appear Networks attributes its strong financial performance to continued investment in the development of advanced data-filtering technology, ergonomic user interfaces and distributed architectures. Since 2000, Appear has been developing an intelligent communication platform that enables location-aware applications and connects mobile workers with instant access to voice, data and video communications.

“With a long-term focus on the enterprise market, Appear has proven the scalability of its business model based on license sales,” says Ann-Louise Palm, CEO of Appear Networks. “Appear focused on large accounts with long-selling cycles including train operators, airports, airlines, and local councils who are now delivering solid recurring revenues. Ninety percent of our customers who acquired an initial pilot license of the Appear software are now rolling it out in their network”.

Appear Networks’ intelligent communication platform enables on-site mobile workers to access location-aware enterprise applications and VoIP services securely transmitted over standard wirelessly enabled networks. Appear’s patented Click & Run ™ technology provides a browserless, one-button-click access to mobile applications, eliminating time-consuming installation and configuration processes. Appear’s context-aware engine filters information through pre-programmed parameters (location as well as user profile, device-type, or access speed) based on advanced algorithms, guaranteeing the delivery of up-to-date, accurate information to authorized employees. In a highly mobile environment, easily accessing key data at the point of work enhances employees’ ability to perform critical tasks– increasing employee productivity, improving customer service and reducing costs.

Major customers currently deploying Appear’s wireless communication platform include:

- Stockholm Local Transport Authority (SL)

- Connex (Veolia Environnement)

- Paris Subway and Buses (RATP)

- French Railway (SNCF)

- Scandinavian Airlines (SAS) Technical Services

- France Telecom

- Kista Science City, Sweden

- City of Essen, Germany

Appear Networks was recently selected as one of the best-performing and innovative high-tech private companies of Europe and Israel in the fourth annual Tornado100 list. “The companies Tornado Insider selected are Europe’s technology stars,” said Niels Valkering, Tornado Insider’s Head of Research. “Combining internal analysis with advice from industry specialists, we identified the elite of Europe’s high-tech entrepreneurial vanguard, appreciating excellence both in innovative, commercial and financial performance. Watch these companies in 2005, as the technology they are commercializing today will change tomorrow’s trends.”

The Tornado award marks the 15th industry commendation that Appear Networks has received over the past three years. Appear Networks continued success in product awards, technology patents has enabled the company to secure its position as the most highly regarded wireless communication platform on the market today. “We are honored that our efforts have been recognized by Tornado Insider in its ranking of the Top 100 start-ups in Europe,” comments Ann-Louise Palm. “Appear Networks has clearly demonstrated its leadership, innovation in product development, and market penetration momentum in Europe in 2004.”

About Appear Networks: http://www.appearnetworks.com

Appear Networks intelligent wireless communication platform connects mobile workers with instant access to voice, data and video communications transmitted over standard wireless networks. The Appear platform filters information through an array of pre-determined parameters enabling the delivery of personalized, location-based, time-specific wireless applications to mobile devices. Appear Networks partners with IT industry leaders Cisco and Capgemini in a joint Wi-Fi offering called @Anyplace Access, featuring a fully secure, end-to-end, integrated Wi-Fi platform solution based upon open standards technology from Cisco and Intel, combined with a portfolio of innovative value-added solutions from European partners — Aptilo Networks, Birdstep and The Cloud. Appear Networks is privately held and headquartered in Stockholm, Sweden.

Press Contacts:

Appear Networks
Mia Falgard, +46 8 545 91 370, mia.falgard@appearnetworks.com