NEWS RELEASE – FOR IMMEDIATE RELEASE

Nimcat Networks Named “Cool Vendor” By Leading Analyst Firm
Vendors Selection Based on Innovation, Market Impact and Intrigue

Ottawa, Canada (April 5, 2005) – Nimcat Networks, the premiere provider of embedded, peer-to-peer (P2P) call processing software, announced today that it has been included in the list of Gartner’s “Cool Vendors” in the Cool Vendors in Enterprise Network Solutions 2005 report by Jeff Snyder and Joe Skorupa et al.

“We are extremely pleased that a leading technology analyst firm like Gartner recognizes the value of our technology. We are honored to have been selected as a ‘Cool Vendor,’” said Mahshad Koohgoli, chief executive officer of Nimcat Networks, Inc. “Our technology is compelling, in part, because it is real. It is in use right now at customer sites in phones supplied by Aastra Telecom. We believe that our technology is very flexible and attractive to OEMs that want to build peer-to-peer functionality into their devices. We continue to build on our technological leadership by adding new applications and features.

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. Nimcat nimX™ – embedded, P2P call processing software – takes the intelligence usually found at the PBX and distributes it to end-user telephone sets. Call-control, voice-mail, auto-attendant , branch office and teleworker, among other key features, are all contained within and powered by the IP Telephone. 

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.

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.

About Gartner's Cool Vendors Selection Process

Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: innovative – enable users to do things they couldn't do before; impactful – have, or will have, business impact (not just technology for the sake of technology) and are intriguing – have caught Gartner's interest or curiosity in approximately the past six months.

About Nimcat Networks
Nimcat Networks is the premiere provider of embedded, peer-to-peer call processing software. Its patented, Peer-Telephony-eXchange (PTX) solution operates within standard VoIP telephone sets, eliminating the need for costly PBX equipment. 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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Nimcat Networks, nimX, Peer Telephony eXchange, the Nimcat Networks logo and any combinations thereof are the property of Nimcat Networks, Inc. All other brand and product names are used for identification only and are owned by their respective holders.

Editors & Industry Analysts Contact:

Ed Schauweker
Tactile Marketing Group