American Multiplexer Corporation Appoints New Board of Directors; New Board Includes HP Executive and Pre-IPO Veteran

Business Wire, July 25, 2000

Business Editors/High-Tech Writers

SUNNYVALE, Calif.--(BUSINESS WIRE)--July 25, 2000

American Multiplexer Corporation (AMC)(OTCBB:AMUT) announced today the appointment of four new members to AMC's board of directors that occurred at the third annual general meeting of stockholders.

One of the appointments to the company's board of directors is Barbara Stinnett, Director Worldwide Sales, E-Service and Service Provider Infrastructure for Hewlett-Packard. Barbara Stinnett has over 20 years of experience with HP that includes the creation and development of a new line of business for the company that grew into a $1B business in less than three years. In addition to her HP responsibilities, she also councils pre-IPO companies.

Additional new board members that were appointed include: John Andreini, who is the founder and principal owner of Andreini Insurance Company, one of the largest insurance brokers in the US; Richard Casey, president of Venture Capital Services for Imperial Bank; and Karl Schleicher, a german Industrialist and major stock holder of AMC.

AMC CEO, Edward Tan said, "The appointment of the new directors will help bring the company to a new level. All of the appointed board members have tremendous experience in various fields and will make significant contributions to the company. We are extremely pleased that Barbara Stinnett of HP has accepted as one of the board members. Her vast experience will be a great asset to the company's success."

In addition, AMC has appointed Morrison Foerster as the company's Security Attorney as well as General Counsel. They will replace the firm of Wilson Sonsini.

About AMC

Located in Sunnyvale, California, American Multiplexer Corporation (dba AMC Network Services) is an e-business Solutions Provider that delivers high bandwidth content for business, educational and medical applications. AMC defines e-business as a means to interconnect and manage disparate IT systems across multiple network topologies -- including the internet -- to deliver secure, high quality business-critical content to thousands of users. The company has pioneered a multimedia communications network that utilizes IP data and video multicast technology over a fully integrated terrestrial and satellite architecture. AMC is currently rolling out broadband services that enable end-to-end e-business solutions allowing customers to deliver high quality video and data content to users and subscribers at high speed, competitive pricing and with easy integration into their existing networks. Over the next eighteen months, development plans include the rollout of more than 60 points of presence in the Americas, Europe and Asia. AMC partners with other technology companies such as Level (3) Communications, Oracle Corporation, SatMex, Philips Digital Networks and Hewlett Packard. AMC is traded on the NASDAQ - OTC BB market under the symbol AMUT. Tel: 408/730-8200, Fax: 408/730-2169, web site www.amux.com.

Information in this press release, other than that of historical fact, is based on development schedules and projections that involve substantial risk and uncertainties. Reference is made to documents filed in compliance with Securities and Exchange Commission rules and regulations for a discussion of such risks and uncertainties and other factors that may have a material effect on the Company's business.

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