Investments

net.com First Quarter Fiscal 2005 Earnings Conference Call

FREMONT, Calif.--(BUSINESS WIRE)--July 7, 2004--On Wednesday, July 14, 2004, after the close of market, Network Equipment Technologies, Inc. (NYSE:NWK) will announce earnings for the first quarter and fiscal year 2005, ending June 25, 2004.
Management will host a conference call to discuss the results at 2:00 p.m. PDT/5:00 p.m. EDT. The toll-free conference number is (800) 603-9684 inside the U.S. and Canada, or (706) 643-1389 outside North America. RSVP to 510-574-2508 to ensure a line is available for you.

Conference replay will be available at 7:00 p.m. EDT on July 14, 2004 until July 21, 2004 at midnight. Dial (800) 642-1687 inside North America or (706) 645-9291 outside North America, and enter access code 8605401.

Webcast

This call is being webcast by CCBN and can be accessed at net.com's web site at http://ir.net.com.

The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at www.fulldisclosure.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).

IR Schedule

Network Equipment Technologies, Inc. will hold its annual meeting of shareholders on Tuesday, August 10, 2004 at 10:00 a.m. at the company's Fremont headquarters. Additionally, management will present at the Roth Capital Partners Discovery Day conference on Wednesday, September 15, 2004 in New York City.

About net.com

Network Equipment Technologies, Inc., doing business as net.com, develops and delivers service creation platforms for broadband, Internet protocol telephony, and multiservice networks. An architect of the networking industry, net.com has been supplying service providers, governments and enterprises around the world with bullet-proof networking technology for more than 20 years. net performance. net results. net.com.

net.com is a registered trademark of Network Equipment Technologies, Inc.

Contacts


net.com
Brenda Ropoulos, 510-574-2508
brenda_ropoulos@net.com

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