Agoura Hills, CA, January 28, 2002– Internet Machines Corporation, developer of the IMpower™ family of network processing, traffic management, and switching semiconductors for 10 Gbps Ethernet and OC-192c optical equipment, will present at the Banc of America Securities Technology 2002: A Fresh Start conference. The conference is being held January 28-30, 2002, at the Ritz-Carlton in San Francisco, California. Frank Knuettel II, Internet Machines' CFO, vice president of operations, and a founder, is scheduled to present on Wednesday, January 30, at 2:30 pm.

About Internet Machines
Internet Machines is a fabless semiconductor company that offers the IMpower™ family of highly integrated communications ICs for OC-192c and 10 Gbps optical, metro area network and Internet infrastructure equipment. The protocol independent IMpower family consists of the NPE10 network processing engine, the TMC10 traffic management co-processor, the SE200 switch element, and the Development Workbench software development kit. This powerful array of wire-speed, fully programmable semiconductors and software simplifies development and greatly shortens the system vendor's time to market. The ICs work together or individually to deliver a highly flexible, interoperable, and field upgradeable solution. The company is headquartered in Agoura Hills in Southern California, with design centers located in San Diego and Irvine, and sales offices in San Jose, California, and Boston, Massachusetts.

For more information, contact:

Kathy Tebben
818.575.2175
[email protected]