Nimcat Networks Demonstrates IP Telephony Industry Significance with Five Industry Awards in 2004

Ottawa, Canada, January 17, 2005 -- Nimcat Networks, the premiere provider of embedded, peer-to-peer (P2P) call processing software, announced that in recognition of the company"s growing significance in the IP telephony industry, it has been honored with five awards. In addition to the previously announced "Investor"s Choice Award" from Network Outlook, Nimcat Networks has won the "New Business of the Year Silver Medal" from the Ottawa Chamber of Commerce, Internet Telephony"s "Product of the Year Award" Frost & Sullivan"s "Enterprise Infrastructure Entrepreneurial Company of the Year Award" and was named to the "Pulver 100" for its voice over IP (VoIP) technology innovations.

"In 2004, our goals were to improve the technology, build relationships with key telephony vendors, grow revenues, hire outstanding people and be a good corporate citizen. These awards provide industry validation that we were successful in implementing our strategy" said Mahshad Koohgoli, chief executive officer of Nimcat Networks, Inc. "For 2005, we will continue to execute our plans to improve IP-based communication, increase our industry partnerships and grow our revenues and market share"

Nimcat has introduced the next-generation architecture that leverages the increased processing power of VoIP chips and the emergence of standard communication protocols, such as SIP. Its nimX – embedded, P2P call processing software – takes the intelligence usually found at the PBX or CTX and distributes it to end-user telephone sets. Call-control, voice-mail, auto-attendant and visitor hotelling, among other key features, are all contained within and powered by the IP Telephone.

Phones that contain Nimcat"s technology independently recognize the other terminals on the network and instantly form a trusted, virtual exchange with the ability to interact with their peers, connect to the PSTN or any WAN VoIP channel. Users only need to plug a nimX-powered phone into their data network and it automatically configures itself, allowing calls to be made and received without any additional complex setup or centralized equipment.

Nimcat has leveraged this architecture to properly address the telephony needs of the small-to-medium business (SMB). By eliminating the need for a "central" piece of equipment, Nimcat has developed a low-cost solution that is simple to install and maintain, and more importantly, easy to use.

About Nimcat Networks
Nimcat Networks is the premiere provider of embedded, peer-to-peer call processing software. Its patented, Peer-to-eXchange (PTX) solution operates within standard VoIP telephone sets, eliminating the need for costly PBX equipment or the reliance on the service provider"s CTX device. Nimcat’s solution enables communications equipment vendors to create enterprise-class telephone systems that are easy to deploy, expand and maintain. The company has filed more than a dozen patents for its leading-edge technology. Nimcat’s technology improves product margins, reduces development time-to-market and enables new distribution channel opportunities for telephony OEMs.

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