AdventNet Appoints Dr. Giri Giridharan as Director of Product Strategy and Management

Pleasanton, CA, June 29, 2001 - AdventNet, Inc., the Internet Management Infrastructure CompanyTM, announced the appointment of Dr. Giri Giridharan as the Director of Product Strategy and Management. Giri will ensure that AdventNet's innovative product line translates into strong business value for AdventNet's rapidly growing community of customers.

"Giri brings a unique understanding of aligning technology with the rigorous business needs of our customers," said Kumar Padmini, Vice President of Worldwide Sales and Marketing at AdventNet. "Having Giri on board enhances AdventNet's commitment to provide a compelling value proposition to its customers," added Dr. Sridhar Vembu, CEO of AdventNet.

AdventNet has experienced a phenomenal growth in revenues and earnings, with a growth rate of over 250% year over year, and a corresponding growth in the number of customers, partners, and employees. In achieving this 5-year growth, AdventNet has never needed to raise investment capital.

"I am very pleased to be a part of the AdventNet team that is so innovative and customer-focused. AdventNet has endeared itself to a very prestigious list of customers worldwide, who have trusted their investment in AdventNet technology. I intend to continue AdventNet's remarkable focus on its customers and their business needs," said Dr. Giridharan.

Prior to joining AdventNet, Dr. Giridharan has had extensive experience in aligning communications technology with business needs. He was a Principal Consultant in the ICE (Information, Communications and Entertainment) practice at PricewaterhouseCoopers. He has also taught at Carnegie Mellon University (in the business school as well as the Information Networking Institute). He brings international experience having worked on projects in North America, South America, Europe and Asia. He received a PhD from the Simon School of Business at the University of Rochester, an MBA from the Indian Institute of Management and a Bachelor of Technology degree in Electrical Engineering from the Indian Institute of Technology.

About AdventNet

AdventNet, the Internet Management Infrastructure Company, is the worldwide leader in providing massively scalable, carrier-grade software for provisioning and management of Internet and e-business infrastructure and applications. AdventNet has a worldwide customer base of leading equipment vendors, service providers, systems integrators, e-business application vendors and enterprises. The company's customer-focused products provide ease of use, reliability and extensive customizability. They power solutions in many market segments, including e-business applications management, optical networking, broadband access (cable modem, DSL, etc.), storage management, web hosting and providing managed services. AdventNet enables superior solutions with rapid time to market advantages and all the benefits of new communications and software technologies. AdventNet corporate office is located in Pleasanton, CA with offices in NJ, NH, India, China and Japan. It has a well-trained partner base around the globe and thousands of customers world-wide. For more information call 925/924-9500 or visit

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