PNO Path 1 Netwk Tech

SAN DIEGO, Feb. 15 /PRNewswire-FirstCall/ -- Path 1 Network Technologies Inc. (AMEX:PNO), a leading provider of IP video gateway products that enable transmission of broadcast-quality video over IP networks, announced today that its IP video gateways played a key role in enabling the live HDTV broadcast of the 48th Grammy Awards, presented annually by the National Academy of Recording. Path 1's technology was selected for end-to-end delivery of the Grammy Awards broadcast in high definition over an MPLS-enabled fiber-optic network. "This year's Grammy Awards provided Path 1 with an extremely popular television venue to showcase its leadership position in the video-over-IP equipment market," said Tom Tullie, CEO of Path 1. "Our products continue to be in demand from major broadcasters to help carry broadcasts of important events such as the Super Bowl, Major League Baseball -- and the Grammy Awards -- because of the quality and reliability of the IP networks powered by Path 1." Path 1's IP video gateways address the technical challenges associated with delivering broadcast-quality video at standard definition, high definition and uncompressed video speeds over public or private IP networks. Using a state-of-the-art embedded processor platform and patent-pending algorithms, Path 1's IP video gateways shield the video signals from severe network impairments, such as significant delay, jitter, packet loss, out-of- order packets and error recovery, and preserve the broadcast-quality video standard that broadcasters demand. Path 1's IP video gateways enable broadcast network operators to significantly extend their reach in exchanging High Definition video content using widely available IP networks. About Path 1 Network Technologies Inc. Path 1 Network Technologies Inc. is the pioneer and leading provider of video transport products that enable the conversion and distribution of real- time, broadcast-quality video over Internet Protocol (IP) through public and private networks. From the delivery of live MPEG-2, MPEG-4, and VC-1 standard definition (SD) and high definition (HD) broadcasts to video on demand (VOD), Path 1's video infrastructure platforms allow broadcasters, cable, telco, satellite and mobile operators to transmit high-quality point-to-point, multipoint and multiplexed video across town or around the world. To find out more about Path 1 Network Technologies Inc. (AMEX:PNO) visit our website at http://www.path1.com/ or call 877/ONE-PATH (663-7284). SAFE HARBOR STATEMENT: This news release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements, including the risks that we may require future financing, that our products might not achieve customer or market acceptance or that they might not perform as expected, that customer trials might not lead to future sales, that our sales might fluctuate between reporting periods and other risks identified in our annual report on Form 10-K and other filings with the SEC. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements are made as of the date hereof and Path 1 undertakes no obligation to update such statements. For Further Information: MEDIA: Alice Borda Sterling Communications (408) 395-5500 AT FINANCIAL RELATIONS BOARD: Lasse Glassen General Information (310) 854-8313 Amy Cozamanis Investor/Analyst Information (310) 854-8314 DATASOURCE: Path 1 Network Technologies Inc. CONTACT: Media, Alice Borda of Sterling Communications, +1-408-395-5500, , for Path 1 Network Technologies Inc.; or Lasse Glassen, General Information, +1-310-854-8313, , or Amy Cozamanis, Investor/Analyst Information, +1-310-854-8314, , both of Financial Relations Board, for Path 1 Network Technologies Inc. Web site: http://www.path1.com/

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