Narus Announces Steve Bannerman as Vice President of Marketing; Industry Veteran Lends Marketing Acumen to Drive Strategy and Continued Growth

Business Wire, Nov 29, 2005

MOUNTAIN VIEW, Calif. -- Narus, Inc. today announced the appointment of industry veteran Steve Bannerman as vice president of marketing. With more than 20 years of experience in sales and marketing in the technology industry, Bannerman will drive Narus' brand and global marketing programs.

Prior to joining Narus, Bannerman was the founder and chief executive officer of Caststream, Inc., developer of the award-winning cast:stream enterprise e-learning and presentation broadcasting software. He led the acquisition of Caststream by Tarantella, Inc. in 2003. Following the acquisition of Tarantella, Bannerman was appointed chief marketing officer and general manager. In this role, he architected a global product, brand and marketing strategy that resulted in an acquisition by Sun Microsystems.

Bannerman also spent 12 years at Apple in various senior marketing positions, including director of marketing for QuickTime TV (QTV). In this role, he developed a revenue-producing business model for Apple's streaming media network, with more than 100 top-tier content providers, including Disney, CNN, MTV, BBC, ESPN and Warner Music.

"Steve's experience and proven track record as a true marketing leader will drive and broaden our established footprint in global IP and government networks," said Greg Oslan, president and CEO, Narus. "As Narus continues to assert itself as the leader in Unified IP Management and Security, the expansion of our global marketing will ensure that our strengths and value are well positioned. We welcome Steve as a key member of the Narus team as we take our business to the next level."

"Narus has the enviable combination of strong management, unique market opportunity and strategic customers that marketing executives look for in a company," said Bannerman. "My focus will be on leveraging these strengths to continue to fuel our dramatic growth by extending the Narus brand and value proposition."

About Narus, Inc.

Narus, Inc. provides unified IP Management and Security for the largest carrier and government networks in the world. The Narus IP Platform offers a "Total Network View" through the real-time collection and analysis of one to billions of packets across multiple networks at up to OC-192 rates to enable IP applications such as security, traffic and customer analysis, monitoring, and billing. Narus' customer list includes U.S. Cellular, T-Mobile, AT&T, Korea Telecom, KDDI, Telecom Egypt, Saudi Telecom, France Telecom and many others. For more information, please visit www.narus.com.