Law Firm Schatz Nobel Izard, P.C. Announces Preliminary Approval of Class Action Lawsuit against Netopia, Inc

Business Wire, April 18, 2007

NEW YORK -- The law firm of Schatz Nobel Izard, P.C., announces that the United States District Court for the Northern District of California has granted preliminary approval to a settlement of the class action litigation entitled In re Netopia, Inc. Securities Litigation, Case No. 04-3364RMW (PVT), on behalf of all persons who purchased the publicly traded stock of Netopia, Inc. (NASDAQ: NTPA) ("Netopia") between November 6, 2003 and August 16, 2004, inclusive (the "Class Period").

Pursuant to Court Order, a hearing will be held on June 8, 2007, at 9 a.m., before the Honorable Ronald M. Whyte, United States District Court Judge, Courtroom #6, Fourth Floor, 280 South 1st Street, San Jose, CA 95113 to determine (1) whether the settlement of the Litigation in the amount of $11,250,000 (the "Settlement Fund") should be approved as fair, reasonable, and adequate to the Class; (2) whether the proposed Plan of Allocation is fair, reasonable, and adequate; (3) whether the application of Lead Counsel for the Class ("Lead Counsel") for an award of attorneys' fees, costs and expenses (the "Fee and Expense Application") should be approved; (4) whether the application of Lead Plaintiffs for reasonable costs and expenses (including lost wages) incurred by Lead Plaintiffs relating to the Litigation and their representation of the Class (the "Lead Plaintiffs' Expense Application") should be approved; and (5) whether claims of the Class Members against the Defendants should be dismissed on the merits and with prejudice as set forth in the Stipulation of Settlement (the "Settlement Stipulation"), filed with the Court.

If you purchased Netopia, Inc. ("Netopia") common stock during the period from November 6, 2003, through and including August 16, 2004, your rights may be affected by the proposed settlement and release of claims, as set forth in the Notice of Pendency of Proposed Settlement of Class Action and Settlement Hearing (the "Notice"). To share in the distribution of the Settlement Fund, Class Members must establish their rights and submit the Proof of Claim and Release form accompanying the Notice on or before October 6, 2007. If you desire to be excluded from the Class or to object to the Settlement, the Fee and Expense Application, or Lead Plaintiff's Expense Application, you must submit a request for exclusion or file your objection by May 25, 2007, as explained in the Notice. All Class Members who have not requested exclusion from the Class will be bound by any judgment entered in the Litigation pursuant to the Settlement Stipulation between the parties.

If you are a Class Member and have not yet received the Notice, you
may obtain a copy by writing to:


                In re Netopia Securities Litigation
                  c/o FRG Information Systems Corp.
                   P.O. Box 460, Peck Slip Station
                        New York, NY 10272
                         (800)556-9955

For further information, you may also contact a representative of Lead Counsel, Jeffrey S. Nobel of Schatz Nobel Izard, P.C., 20 Church Street, Suite 1700, Hartford, CT 06103, Tel. (860) 493-6292.

PLEASE DO NOT TELEPHONE THE COURT