[smartBridges] Product Release Update

[Nimesh D. Parikh]

Dear Friends,   It has been a few weeks since we announced the new products – airPoint XO and airPoint XO2. We had planned to begin the shipments by now but we are running about 4 weeks late. We expect to start the shipments in 1st half of December. This means the products will be on the distribution shelf by about 3rd week of December. We apologize for the inconvenience this may cause you.   This week we have begun the beta testing of the firmware in the field. Preliminary results look encouraging. We will expand the beta testing to a larger number of users in the next few days. Our plan is to wait for the exhaustive field testing prior to the release of the product.    Customer response has been tremendous. Due to the exceptionally strong pre-bookings we had to upwardly revise our production plan a few times. We are a privately held company and hence do not release the revenue numbers. But just to give you guys an idea, XO products pre-bookings alone represent about 12% of our entire year 2003 revenue. And all of this will ship in December; in addition to the existing products … I guess December is going to be a busy month for us.   Thanks for your great support and we look forward to bringing you these exciting products.     Nimesh Parikh smartBridges Pte Ltd 745 Toa Payoh Lorong 5, #04-01 HBM Building, Singapore 319455 Web: http://www.smartbridges.com   Our Mission: Develop reliable Carrier Class, easy to Deploy and easy to Maintain solutions for Wireless ISPs.