Packetfront Inc. Announces Acquisition of DynamicCity



    Acquisition Combines Industry-Leading Technology, Experience and Services
to Create the Premier Turn-Key Solution for Municipal and Utility Broadband
Projects

    DENVER & LINDON, UTAH, August 7 /CNW/ - PacketFront, the pioneer of
open-access broadband networking, today announced its US subsidiary,
PacketFront Inc, has completed its acquisition of DynamicCity, the operational
force behind the groundbreaking UTOPIA initiative.

    "This acquisition is about taking the best thinking in North America on
open access broadband and public broadband initiatives and combining it under
one roof," said Matt Wenger, President of PacketFront Inc. "Our most important
product is our customer's success and we all know that technology alone does
not guarantee that. With the addition of the DynamicCity team we can now offer
the local experience, knowledge and capacity our clients need to design,
finance, build, manage and market large-scale, successful open access
networks."

    Keith Wilson, former CEO of DynamicCity and now VP of Asset Management
for PacketFront Inc, concurs, "We are very enthusiastic about joining with
PacketFront. They have what are undisputedly the best tools and systems for
managing open, multi-provider networks. Combined with our asset management
experience and capabilities we can deliver the premier turn-key solution for
open networks in the marketplace. It is a positive move for us and our
customers."

    "PacketFront's acquisition of DynamicCity is a truly exciting development
for the UTOPIA network," says Paul Morris, Executive Director of UTOPIA,
Utah's 14-city municipal open access fiber network. "Adding PacketFront's open
access technologies and global experience to DynamicCity's proven track record
of outstanding network operations and asset management is just great news for
us and our subscribers. We're looking forward to taking our customer's network
experience to the next level with this world-class organization."

    Partners of both companies will benefit as well, as the acquisition
enables PacketFront to expand on its opportunities aggressively. "A successful
open network is built on the work of tens if not hundreds of companies," said
Wenger. "Both PacketFront and DynamicCity have long treasured our strong
relations with our finance, design, engineering and construction partners,
other technology vendors, and of course the service providers of data, voice,
video and other innovative applications that make our open networks so
successful and unique. We look forward to growing these strategic
relationships further with our accelerating expansion."

    The company will integrate its operations in North America over the next
several months, with the Utah office emerging as the primary operations center
and the new Denver location serving as the Management and Sales office.

    About DynamicCity

    DynamicCity is the operational force behind the groundbreaking UTOPIA
network, which was created by 14 cities in the state of Utah which joined
together to provide wholesale, open fiber network services to businesses and
residents. DynamicCity is also involved in various other projects throughout
the United States. DynamicCity provides cost & revenue analysis and business
plan creation services, as well as service provider management, network design
and consulting, network implementation and construction management, and
ongoing network operation services. For more information, see
www.dynamiccity.com.

    About PacketFront

    A pioneer of open-access broadband networking, PacketFront develops
advanced purpose-built solutions for fiber-to-the-home (FTTH) networks.
PacketFront enables fully automated networks where many service providers
deliver competing services over shared infrastructure. As an industry leader,
the company is committed to advancing technical and business innovation for
open-access networks. Headquartered in Stockholm, Sweden, PacketFront has
offices in Denver, Oslo, Amsterdam and Shanghai. For more information, please
go to www.packetfront.com.




For further information:

For further information: PacketFront Inc. Matt Wenger, (603) 930-2896
President matt.wenger@packetfront.com or PacketFront Ingrid Aksnes, +46 739 14
91 53 Director of Marketing Communications Ingrid.aksnes@packetfront.com

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