PCCW to Deploy Riverstone 15008 Ethernet Edge Router In Hong Kong SANTA CLARA, Calif., Jan. 26 /PRNewswire-FirstCall/ -- Carrier Ethernet pioneer Riverstone Networks (OTC:RSTN.PK) today announced the shipment of its newest product, the Riverstone 15008 Ethernet Edge Router, to PCCW Limited, the largest communications service provider in Hong Kong and one of the leading information technology and telecommunications service providers in Asia. Cascade Limited, PCCW's professional services subsidiary that designs and implements data and broadband networks, will begin deploying the Riverstone 15008 in PCCW's network to provide the carrier's customers with business-class, bandwidth-intensive Ethernet services through its existing metro Ethernet network. By deploying the new MPLS/VPLS-based, 10 Gigabit Ethernet edge router, PCCW will be able to tailor and deliver scalable, flexible, high Quality of Service (QoS) services to its customers. The Riverstone 15008's capacity and advanced features will give PCCW the scalability needed to cost-effectively grow their network to meet the escalating demands for Ethernet services. Designed to meet service providers' rapidly growing need to optimize their networks for today's fast-growing Ethernet services, the Riverstone 15008 Ethernet Edge Router is the first Ethernet edge router to employ a distributed and modular operating system architecture. By running software protocols as modular processes, the Riverstone 15008 is able to deliver unmatched routing software reliability. "Today's Ethernet is all about high-value, high-quality and high-margin services," said Yong Shu, Vice President, Asia Pacific Region, Riverstone Networks. "The speed, intelligence and reliability of the Riverstone 15008 allow it to deliver the type and caliber of services that end-users are willing to pay extra for, thereby bolstering service providers' top line." The procurement builds upon Riverstone's existing relationship with PCCW, which first deployed Riverstone's RS 8600 and RS 3000 carrier Ethernet routers in 2002 to bridge its ATM network to provide broadband access and VPLS. Riverstone has also delivered Ethernet networks to China Telecom, China Railcom, China Netcom, Chunghwa Telecom and Hutchison Global Communications. Riverstone Networks, Inc. is a leading provider of carrier-class solutions for next generation metro Ethernet networks. Riverstone's metro routers and provisioning solutions deliver the ease of use, cost effectiveness, and flexibility that carriers require in meeting their customers' networking requirements in support of voice, video, and data services. Riverstone uniquely permits carriers to offer homogeneous services across existing revenue-generating networks and new Ethernet deployments. Except for the historical information contained herein, the matters set forth in this press release, including without limitation statements regarding PCCW's deployment schedule and its ability to tailor and deliver scalable, flexible, high Quality of Service (QoS) services to its customers, as well as its ability to use the Riverstone 15008 to cost-effectively grow its network, are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements speak only as of the date hereof and are subject to risks and uncertainties that may cause actual results to differ materially. These risks and uncertainties include unforeseen delays beyond Riverstone's control that may affect the deployment of the Riverstone 15008 product, as well as presently unknown technical, compatibility and/or implementation problems, along with those risks and uncertainties detailed from time to time in Riverstone Networks' SEC reports, including the reports on Form 10-Q and Form 8-K filed on September 2, 2004. The company assumes no obligation to update or revise these forward-looking statements. NOTE: Riverstone Networks is a registered trademark of Riverstone Networks, Inc. All other trademarks, service marks and trade names belong to their respective owners. CONTACT: Amy Huitt of Riverstone Networks, 1-408-878-6918, or ; or Phillip Niu, Ruder Finn Asia, 86-10-646-7321, ext 608, or . DATASOURCE: Riverstone Networks CONTACT: Amy Huitt of Riverstone Networks, 1-408-878-6918, or ; or Phillip Niu of Ruder Finn Asia, 86-10-646-7321, ext 608, or Web site: http://www.riverstonenet.com/

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