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SpatialNews Press Release

Sigma Networks Achieves Rapid Network Implementation Using GE Smallworld Network Inventory Software

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Denver, CO -- April 30, 2001 -- GE Smallworld, a leading supplier of strategic network solutions to the communications industry, today announced that its Physical Network Inventory software has helped California-based Sigma Networks achieve their ambitious plans for a rapid network roll out. The license deal with GE Smallworld was signed on September 29th 2000. Sigma Networks had production data in the system within 30 days and that data nationally deployed within six months. In order to recognize this significant milestone, GE Smallworld awarded Sigma a "Fast Tracker" award at a GE Smallworld users exchange in San Diego in March.

Sigma Networks was established in February 2000 to provide a multi-service, broadband capability within a metropolitan area. Sigma Networks recognized a demand for the fast delivery of Internet services and, by providing the link between the backbone network and the `last mile' access networks, the company intends to speed up the connection of broadband to its customers by bypassing local carriers - getting the network up and running in weeks rather than months. The company has received $435 million capital investment from a number of companies, including Frontenac Company, Benchmark Capital and Oak Investment Partners. Customers will include backbone carriers, broadband access networks and hosted application service providers.

GE Smallworld Physical Network Inventory software is being used within an integrated engineering and construction department to store the as-built network data. Sigma Networks eventually plans to integrate Physical Network Inventory to a centralized Operations Support System (OSS) along with other best-practice business processes such as customer information management, order management and service activation.

"Our services and software systems address a huge need that exists today and yet is not being offered by other providers," said Mike Flemming, Director Network Mapping for Sigma Networks. "We recognized that, in order to get our services to market quickly, we needed a system that could complete the entire network planning and build process in as short a time as possible so that we could respond to the ever-changing market demands. This means days rather than months! We have succeeded, and have achieved so much in just six months, because of the combination of GE Smallworld as the right partner with the right software, and a highly skilled team of people within Sigma Networks who are responsible for making it happen."

Kevin Sales, Senior Manager, who is responsible for Network Mapping GIS at Sigma Networks commented, "Before we began this project, we carried out a lot of requirements gathering so we knew exactly what it was we needed to achieve, now and in the future. We wanted an off-the-shelf solution and were prepared to modify our processes around the solution we chose. As a result we went into production with Physical Network Inventory within 30 days of receiving the software. GE Smallworld's Network inventory product suite provides us with a highly flexible system that will support us into the future."

Sigma Networks is the only independent provider of multi-service metropolitan broadband interconnectivity. Founded by Former FCC Chairman, Reed Hundt, Benchmark Capital General Partner, Andy Rachleff, and CEO, John Peters in February 2000, the company is funded by Marc Andreessen, Frontenac Company, Benchmark Capital, Oak Investment Partners, Technology Crossover Ventures (TCV), Capital Research, Salomon Smith Barney, Charter Growth Capital, Epoch Partners, Comdisco, and Sand Hill Partners. Sigma Networks has raised over $435 million in equity and debt financing. The company is currently offering service in Washington, D.C. and plans to build out additional markets in 2001, which will serve approximately 80% of total U.S. Internet traffic.

GE Smallworld creates, markets and delivers network software products to the Communications and Utility & Public Systems markets globally. GE Smallworld's products model real world assets and services, enabling companies to understand where their facilities and customers are located and how they are connected, then seamlessly integrating this information across the enterprise. The company also provides services for rapid implementation and integration of GE Smallworld's object-oriented technology and vertical industry solutions, which can increase customers' revenues, improve customer service, and better utilize assets. GE Smallworld (www.gepower.com) was acquired by GE in October, 2000 and is part of the GE Power Systems business.

GE Power Systems (www.gepower.com) is one of the world's leading suppliers of power generation technology, energy services and management systems with 2000 revenues of $15 billion. The business has the largest installed base of power generation equipment in the global energy industry. Through a series of acquisitions and alliances, GE Power Systems has expanded its portfolio of products, services, and software solutions to serve global customers. Recent acquisitions of rental equipment and industrial water treatment businesses demonstrate this commitment to serve the energy industry as well as a broader range of industries including telecommunications, entertainment, and high-tech manufacturing.

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