2Wire Named to the Red Herring 100

Recognized by Red Herring editorial team for business innovation and strategy

San Jose, California - May 12, 2004 - 2Wire, the leading provider of broadband service platforms for the DSL market, has been selected by the editors of Red Herring for inclusion in the Red Herring 100, which sets the standard as the industry’s definitive list of private technology companies impacting the market place.

The Red Herring 100 traditionally identifies new and innovative technology companies and entrepreneurs from across the globe. Winners are chosen based on expert consultation and careful examination of their business models, financials and management teams. Accomplishments that reflect the reality of survival in today’s challenging marketplace, such as solid revenue generation, the establishment of a strong customer base and effective industry partnerships, were key factors in this year’s selection process.

"At the Red Herring, we scour the industry to identify the best and brightest technology companies that are transforming the current markets and creating new ones," said Alex Vieux, Red Herring publisher. "The Red Herring 100 is our annual list of the most promising private companies. Like Google, eBay, Salesforce.com and other previous Red Herring 100 alumni, these 100 have the potential to become the next titans of technology."

About 2Wire
2Wire is a provider of broadband service platforms for the DSL market. 2Wire’s suite of solutions offers DSL providers an integrated 'triple-play' of data, voice and entertainment services. 2Wire’s products and services include the award-winning HomePortal® residential gateways, the MediaPortal(tm) digital entertainment services platform, and a robust Component Management System (CMS) for service management and provisioning. 2Wire’s products are supported by the company’s 250-staff customer care center which offers specialist home networking expertise on behalf of 2Wire’s service provider partners. 2Wire’s products are distributed exclusively by the major DSL service providers including SBC Internet Services, British Telecom plc and Telefonos de Mexico, S.A. de C.V. Headquartered in San Jose, California, 2Wire was founded in July 1998 by Brian L. Hinman, a co-founder of PictureTel Corporation (NASDAQ: PCTL) and Polycom, Inc. (NASDAQ: PLCM).

2Wire and HomePortal are registered trademarks of 2Wire, Inc. MediaPortal is a trademark of 2Wire, Inc.