Helius Teams with Canopy Capital to Offer Extended Funding Options for Satellite Routers

Business Wire, Feb 24, 2003

Business Editors/High-Tech Writers

LINDON, Utah--(BUSINESS WIRE)--Feb. 24, 2003

Helius, Inc., the world leader in satellite broadband (IP) routing, today announced the availability of multiple financing options for its flagship Helius Satellite Router v2 (HSR2) product as well as other Helius solutions. Financing options are available through Canopy Capital Inc., a subsidiary of Canopy Group.

"Helius extends its list of market firsts with flexible financing options that deliver very favorable terms to our strategic alliance partners and directly to our customers," said Myron Mosbarger, president and CEO of Helius. "We're helping our customers conserve capital while enabling them to cut distance learning and content delivery costs with Helius broadband solutions."

"Canopy Capital is pleased to join with Helius in providing favorable financing terms for its customers," said Mark Cusick, President of Canopy Capital. "The combination of Helius solutions and flexible financing should facilitate quicker decision-making and improved business outcomes."

As part of this agreement, Canopy Capital offers extended funding options to Helius customers through private-label leasing and extended payment support. Canopy Capital provides the latest in financing options equipment and service acquisition. This agreement intends to support customers in managing their technology needs and product lifecycles.

Funding options are available from Helius and will be extended to Helius Strategic Alliance Partners, which include Broadcast International, Convergent Media Systems, GlobeCast, CEV, KeyPoint and others. (For a complete list, please visit www.helius.com.)

About Helius Inc.

Helius provides efficient, secure, and reliable delivery of broadband IP over satellites and local area networks. Helius products include satellite IP routers, software and custom engineered solutions that enable efficient, secure and reliable delivery of broadband content over satellites and local area networks. Helius' portfolio of satellite routing solutions includes products that enable a full range of video, voice and data to be distributed across corporate computer networks and desktops.

The enterprise-wide business TV systems powered by Helius products give employees and customers easy access to live or stored content such as retail services, marketing programs, corporate broadcasts, distance learning courses, training programs, software updates, databases and the Internet.

Helius is a privately held company based in Lindon, Utah. For more information, visit http://www.helius.com or call 801/764-9020.

About Canopy Capital Inc.

Utah-based Canopy Capital Inc. is a whole owned subsidiary of Canopy Group, Inc. Canopy Capital delivers business credit solutions for technology acquisitions.

Canopy Group has been categorized as a technology accelerator and a dynamic operating company. Funding and influencing emerging technologies and then providing shareable management resources across its portfolio of companies is what Canopy Group does best.

Originally founded in 1995, Canopy Group continues to operate by founder Ray Noorda's vision of "co-opetition," where synergies across the portfolio are optimized at the same time that each company develops independent market success. Headquartered in Lindon, Utah, Canopy may be reached by telephone at 801/229-2223. Web address is www.canopy.com.

Helius is a trademark of Helius Inc. Other company, product, and service names contained in this release may be registered trademarks or trademarks of the respective owners.