Clarent Corporation Welcomes Telecom Service Providers To Its IP Telephony Customer Summit

Business Wire, Jan 28, 2000

Business Editors/High Tech Writers

LAHAINA, MAUI, Hawaii--(BUSINESS WIRE)--Jan. 28, 2000

Delegates from Almost 100 companies Meet to Discuss and Set

Trends in IP Telephony for 2000 and Beyond

Clarent(tm) Corporation (NASDAQ: CLRN), a worldwide leader in providing carrier-grade, phone-to-phone Internet Protocol (IP) telephony solutions, today launched its second annual customer summit, called 'Ohana Halawai(1), in Maui, Hawaii, with over 300 attendees expected.

The event provides an opportunity for Clarent customers to hear presentations from industry experts on the future direction of the IP telephony industry; from Clarent management about the company's technology and market direction; and from Clarent customers on their IP telephony experiences.

The goal of the forum is for Clarent customers to gain insights and to share their vision about the future of the IP telephony market. The summit is also an occasion for Clarent customers to meet each other and to explore relationships that compliment these customers' IP telephony businesses on a global basis.

Keynote speakers at Clarent's customer summit include Paul Johnson, managing director, Equity Research from Robertson Stephens investment bank and also co-author of the successful business book entitled &uot;The Gorilla Game&uot;; Hilary Mine, executive vice president and leading IP telephony industry analyst from Probe Research and Jeff Pulver, CEO and President from Pulver.com. Mr. Johnson is a respected investment banking analyst in the area of IP telephony. Ms. Mine is one of the frequently quoted IP telephony industry analysts. Mr. Pulver is one of the most visible figures of the IP telephony market, running the Voice on the Net (VON) conferences, and driving industry development, regulatory change, and interoperability.

&uot;Listening to our customers and building and delivering solid, high-quality IP telephony solutions have been hallmarks for Clarent Corporation since we started the company,&uot; said Jerry Chang, co-founder, president and CEO. &uot;Inviting our customers to spend time together, with our management team and with important industry leaders is a critical component to our success in the market. We look forward to this event and to the successful industry partnerships that we hope may come out of it.&uot;

Forward Looking Statements

This release may contain forward-looking statements regarding Clarent's products, business, customers or other factors that may affect future earnings or financial results. Such statements involve risks and uncertainties, including but not limited to potential issues relating to inability to introduce new products, ability to retain key customers, changes in market conditions, government regulations, the international communications industry, technological changes and other factors, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. These risks and uncertainties are described further in the risk factors discussed in Clarent's recent Prospectus, filed with the Securities and Exchange Commission on November 23, 1999.

About Clarent Corporation

Clarent Corporation is a premier provider of scalable, IP telephony products to carriers and Internet service providers around the world. Clarent's intelligent architecture and the Clarent Command Center enable Clarent products to route, manage, inter-connect and terminate high volumes of calls for service provider customers including the world's largest long distance telecommunication companies. According to an iLocus report published in 1999, more minutes travel across Clarent-enabled networks worldwide than those of any other equipment supplier.(2)

Founded in July 1996, Clarent is headquartered in Redwood City, California and has offices in major cities in Asia, Europe, Latin America and North America. Additional information about Clarent is available at www.clarent.com.

Clarent is a registered trademark of Clarent Corporation in the United States and other jurisdictions. All other company or product names mentioned may be trademarks or registered trademarks of the respective companies with which they are associated.

(1) 'Ohana Halawai means &uot;family gathering&uot; in the Hawaiian language.

(2) &uot;IP Telephony Clearinghouses - A New Business Model&uot;. Published November 1999 by iLocus. iLocus, a division of Cape Saffron Ltd., is a UK-based research group focused on the IP telephony industry. http://www.ilocus.com