Fiberlink CEO Jim Sheward Wins Entrepreneur of the Year Award From Greater Philadelphia Venture Group

BLUE BELL, Pa. - August 4, 2003 – Fiberlink Chief Executive Officer Jim Sheward has been named Entrepreneur of the Year by the Greater Philadelphia Venture Group, a catalyst organization promoting the greater Philadelphia region as a top private equity market. Fiberlink, a leading provider of secure remote access solutions for enterprises, grew 65 percent in 2002 and achieved seven consecutive profitable quarters while delivering secure, policy-centric remote access solutions to General Electric, BMC Software and Computer Sciences Corp., among other Fortune 1000 companies.

"Jim's long-term vision and leadership helped customers, employees and partners grow and succeed during a difficult economic climate," said Suzy Carney, executive director of the Greater Philadelphia Venture Group. "Fiberlink is now known across the country as an industry leader in secure remote access for enterprise customers."

"This award honors the hard work of all of Fiberlink's employees to build a company that puts its customers first," said Jim Sheward, chief executive officer of Fiberlink. "The Greater Philadelphia Venture Group is validating Fiberlink's vision, which is to provide companies with a technology solution that propels our customers' businesses forward."

Understanding the needs and complexity of managing the extended enterprise - business activity and opportunity beyond the four walls of a company's campus - helps Fiberlink provide business value that surpasses the immediate technical value. A flexible policy-centric framework that integrates best-of-breed applications, multi-network redundancy and end-to-end security lets enterprise customers increase productivity and mitigate the cost and risks associated with maintaining a remote workforce. Fiberlink enforces a company's unique policies to ensure that customers can easily and securely access critical business information wherever and whenever they need to.

Jim Sheward is Chief Executive Officer and Co-founder of Fiberlink. He received a dual degree in Economics and Communications from the University of Virginia and lives in suburban Philadelphia with his family.

About Fiberlink

Fiberlink is a leading provider of remote access and security solutions. The company's flagship solution, Fiberlink Global Remote, incorporates multiple network technologies such as dial-up, wireless and broadband and tightly integrates them with best-of-breed security applications, providing customers with the most comprehensive and secure way for their remote employees to connect to corporate data from anywhere in the world. Fiberlink's VPNterprise(sm) platform was the first in the industry to help companies enforce policies for their remote workforce, dramatically lowering their costs while increasing the security of their networks.

Fiberlink is recognized by analysts at firms such as Gartner, Burton Group and The Yankee Group as a leader in the industry. Fiberlink is named an "Inc 500" company by Inc Magazine and ranked in the Innovation 100 series sponsored by InformationWeek and CapGemini/Ernst & Young. Fiberlink customers include: General Electric, BMC Software, Computer Sciences Corporation, Levi Strauss & Co., The Gillette Company, and Sun Healthcare.

Headquartered in Blue Bell, Pa., Fiberlink has sales offices throughout North America, Europe and Asia Pacific. For more information call Fiberlink at (800) LINK-NOW or visit www.fiberlink.com.

For Additional Information Contact:
Schwartz Communications
Joe Palladino or Lesley Cannata
MaaS360@schwartz-pr.com
(781) 684-0770

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