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Everbee Networks Signs Joint Development Agreement with STMicroelectronics
to Develop Next Generation Secure Single Chip ADSL Gateway

Unique approach to integrated security for DSL customer premises equipment
provides personal solutions for network security and protection services
with increased throughput and reduced CPU load

Paris, France - Jan 8, 2004 (PRN): Everbee Networks, a trend setting
provider of integrated all-in-one network security software delivered on a
versatile, plug-and-play silicon platform, today announced the signature of
an agreement with STMicroelectronics (NYSE:STM), the world's leading
supplier of xDSL chipsets to jointly develop next-generation secure single
chip ADSL and ADSL2+ gateways for the residential and SOHO markets. The
resulting product is an integrated, high speed ADSL2+ gateway
system-on-chip (SOC) that will support such security features as:

* Stateful and application level firewalls (ICSA certified)
* Real-time encryption
* ICSA LabsŪ certified for IPSec VPN
* Parental control
* Access control and content filtering
* Integrated intrusion detection and prevention
* Email virus bouncer and email ciphering

The development project consists of integrating Everbee Networks' hardware
IP into the next generation ADSL2+ chipset by ST, and integrating Everbee's
relevant embedded software into ST's turnkey software solution, enabling a
system-on-chip implementation for true "security at the gate". The solution
features a comprehensive security protection package that runs at wire line
speed with the help of a dedicated hardware. This hardware processing
leaves the network processor available for applications like voice-over-IP
(VoIP) and video.

"We are working closely with Everbee Networks to ensure a high level of
integration between their IP hardware blocks and xNSP software, and our
ADSL gateway chipset," said Christian Olivier, General Manager of the
access division within ST's Telecom group. "Among other suppliers, we chose
Everbee Networks for their uniquely balanced hardware and software
solution, and complementary knowledge of networking and security."

"By offering an integrated software and hardware security solution, ST is
able to provide its customers with additional flexibility in product
development," said Pierre Garnier, chairman and chief executive officer,
Everbee Networks. " With this agreement we are planning to cooperate on
significant joint integration efforts and plan for joint roadmap
development that will lead to a truly unique line of secure DSL products."

The Everbee security features will be available in the first quarter of
2004 on both ST's base platform, the ST50150 ADSL chip, and the newest
generation of ADSL2+ gateway system-on-chip products.

About Everbee's xNSP Software

The xNSP software provides a high-speed OS-independent security platform
and includes support for stateful and application level firewall, real-time
encryption, ICSA LabsŪ certified IPSec VPN, access control, intrusion
detection and prevention, email virus bouncer, email ciphering, and content
filtering.

About ST's xDSL Portfolio

With over 75 million ports shipped, ST's xDSL products are the most
commonly integrated and widely deployed in the market. As a leading
innovator in the field of DSL, and one of the founders of the technology,
ST's strong patent position has enabled them to provide equipment
manufacturers with solutions that are high performing, cost-effective and
flexible. Blue-chip equipment manufacturers use ST products across client
equipment, central office and router segments and offers optimized packages
to meet the specific needs of customers in various market segments.

About Everbee Networks

Everbee Networks provides integrated all-in-one network security software
delivered on xNSP™, its versatile, plug-and-play silicon platform. The
high-speed OS-independent security platform provides support for true
application layer firewall, virtual private network (VPN), content
filtering, access control, parental control, advanced intrusion detection
and prevention, email antivirus, central administration and more. xNSP is
built into new or existing offerings by semiconductor companies, equipment
manufacturers, and service providers to build tailored network security
solutions for their customers. Everbee Networks' patented technology
received the Anvar "Key Technology" designation for innovation in 2001 and
was named by AlwaysOn as one of the Top 100 innovative private companies in
the world for its game-changing approach in June 2003. Everbee's xNSP also
earned ICSA LabsŪ Internet Protocol Security (IPSec) VPN certification for
its pioneering network-security technology.

For more information, contact:

Jay Morris
Everbee Networks
Tel: +33 (0) 1 44 55 01 55
Email: jmorris@everbee.com
Website: http://www.everbee.com


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