"Investor's Choice" Winner Returns to Network Outlook
Internet Machines presents company vision at Technologic Partners event

Agoura Hills, CA, March 1, 2002 - Internet Machines Corporation, winner of Technologic Partners' Network Outlook's "Investor's Choice" Award in 2001, has been invited to return to present at this year's conference next week. Internet Machines develops the IMpower™ family of network processing, traffic management, and switching semiconductors for 10 Gbps Ethernet and OC-192c optical equipment. Chris Hoogenboom, Internet Machines' president, CEO, and founder, will be presenting an update on the company's progress and his vision for the success of the 10 Gbps network processing market on Tuesday, March 5.

The Network Outlook Conference, focusing on the infrastructure of the Internet, is being held at the San Francisco Airport Marriott Hotel in Burlingame, California, on March 4 and 5, 2002. The conference will cover the companies and investors building IP networking, broadband communications, and the other technologies and services that offer meaningful value to carriers and enterprises alike. This year's key themes will revolve around the industry's efforts to meet the challenge of merging the voice and data networks, enhancing the security and scalability of the Internet, providing value-added communication services, and rebuilding enterprise markets that have been hurt by recession and industry problems.

About Internet Machines

Internet Machines is an award-winning fabless semiconductor company offering 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 lineup of wire-speed, fully programmable semiconductors and easy-to-use 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, California, with design centers located in San Diego and Irvine, and sales and support offices in San Jose, California, and Boston, Massachusetts, and was named a 2001 Fabless Start-Up of the Year by the Fabless Semiconductor Association. More information on Internet Machines can be found at www.internetmachines.com.

For more information, contact:

Kathy Tebben
818.575.2175
[email protected]