Sitera Incorporated and HCL Technologies Announce Professional Services Agreement; Powerful Partnership for Advanced Networking Equipment Solutions and Accelerated Time to Market

Business Wire, May 3, 2000

Business/High-Tech Editors

LONGMONT, Colo.--(BUSINESS WIRE)--May 3, 2000

Sitera Incorporated, a pioneer in intelligent network processing, and HCL Technologies (HCLT), a global provider of engineering services, today announced a partnership to provide professional services to their mutual customers. The companies have been collaborating in design and delivery of both hardware and software components of communications equipment. This combination of Sitera's best-in-class network processor family and HCL's world class IT engineering services, will enable network equipment vendors to get to market more quickly, with high-performance network solutions.

Network equipment vendors are under immense pressure to accelerate time to market for new products, while providing increased functionality, both in terms of support for higher line speeds and implementation of advanced network services. These vendors often look to HCL to provide software and hardware development expertise to supplement their existing design teams.

Leveraging strong engineering practices along with robust methodologies and tools, HCL Technologies offers world class technology solutions for the emerging network centric world. The company provides a wide range of services including:

-- Product Development Services

-- Hardware and software Engineering Services

Sitera's flexible Network Acceleration Platform combined with HCLT's wide-ranging skills across a host of computing platforms, backed by proven methodologies and highly competent R&D talent, uniquely positions the companies as premier solution providers for network equipment manufacturers.

"Time to market is a critical component for successful networking product introductions, but development projects can be adversely impacted by scarcity of engineering talent and fail to provide a robust solution," feels Raj Sirohi, President & CEO of HCL Technologies, America. "HCL Technologies provides exceptional engineering expertise to fill this gap. Working with Sitera's Network Acceleration Platform provides network equipment designers with the best of all worlds... a high-performance platform and knowledgeable engineers to create an optimal design."

"Sitera is pleased to be working with a company of the calibre of HCL Technologies," said Steve Flannery, president and CEO of Sitera. "By leveraging the expertise of HCL's engineering team, Sitera is able to offer our customers the basic building blocks of our Network Acceleration Platform along with the professional services of HCLT to move a project into high gear."

About Sitera Incorporated

Sitera Incorporated, a pioneer in Intelligent Network Processing, is a provider of high-speed communication ICs that accelerate the development of next-generation high-speed networking equipment. The Sitera Network Acceleration Platform includes intelligent network processors, Sitera's SoftNet(TM) library of networking software and an integrated development suite. Sitera's solutions allow system developers to rapidly introduce intelligent network services for the service provider, large enterprise and carrier edge markets. More information is available at www.sitera.com.

About HCL Technologies

HCL Technologies, is a global player in the IT services, solutions and product engineering market. Founded in 1994, the company today employs over 4,000 professionals, with operations spanning over 30 locations in 15 countries, embracing over 80% of the world IT market. More information is available at http://www.hcltechnologies.com.

Sitera is a registered trademark, and the Sitera Network Acceleration Platform is a trademark of Sitera Incorporated. All other trademarks mentioned herein are the property of their respective owners.