Investments

Covad and Netopia Team to Offer an All-In-One Wireless Network Solution

Consumers and Small Businesses Now Have a One-Step Wireless Broadband Option

Bank Of America Investment SAN JOSE and EMERYVILLE, Calif.--(BUSINESS WIRE)--July 13, 2004--Covad Communications Group, Inc. (OTCBB:COVD), a leading national provider of integrated voice and data communications, and Netopia, Inc. (Nasdaq:NTPA), a market leader in broadband equipment and software, today introduced a turn-key, all-in-one wireless fidelity (Wi-Fi) and DSL network solution that enables customers to access Covad broadband wirelessly from nearly any location within a home or small business.
Covad's Wireless Network Solution uses the Netopia(R) 3347W ADSL Wi-Fi Gateway with 3-D Reach(TM), which is a compact unit that combines a wireless access point and DSL modem, allowing for simple set-up and administration. Multiple users may access the Internet through the built-in wireless local area network (LAN) allowing small businesses or home users to wirelessly share their broadband connection with co-workers or family members.

Nortel Networks and NTU have already demonstrated advanced services over the Wireless Mesh Network solution, including video streaming, Fi voice over IP (Internet Protocol) over while driving at speeds of 50 kilometers per hour. The joint program with NTU will continue to innovate, develop, test and enhance advanced services on the Wireless Mesh Network Solution.

Investment Opportunity "Covad's new wireless network solution not only gives small businesses the advantage to operate like larger businesses with more secure connectivity and increased efficiency, but also delivers consumers and teleworkers the perks of wireless mobility at home," said Jeff Ahlquist, vice president, product management and development of Covad.

Banc Of America Investment Benefits of Covad and Netopia's Wireless Network Solution include:

Expand the range of your wireless network! G Range Expander is the easy way to increase the effective coverage of your wireless network. Unlike adding a traditional access point to your network to expand wireless coverage, G Range Expander does not need to be connected to the network by a data cable. Just put it within range of your main access point or wireless router, and it "bounces" the signals out to remote wireless devices.

Banking Investment -- Customized intuitive DSL installation wizard and wireless configuration

• buy your DSL router from Covad without worrying about glitches or breakdowns. • further proof that Covad has confidence in the performance of our network. • 99.9% successful delivery of all data packets sent from your location over the Covad network, or you'll be eligible for a credit of up to 10% of your monthly service fee.

Investment Solution Strategic -- On-going 24/7/365 wireless LAN support through Covad's customer care

If you want to do wireless networking, your first step is to install a wireless access point. A wireless access point (WAP) gives wireless devices — such as laptops, cameras, PDAs, and printers — access to a network. The network may include other devices that are connected by Ethernet cables, or the network may consist entirely of wireless connections. Whatever type of network you need, your first step in setting up a wireless network is to buy and configure a WAP.

Investment Banking Services -- Built-in wireless security and firewall features automatically configured at install for a fast, more secure Internet communication

Bank Investment -- Netopia 3-D Reach(TM) wireless technology, delivering up to 300 feet of indoor wireless connectivity both vertically and horizontally, allowing Wi-Fi access on different floors

Alternative Investment -- Optional Covad professional install

Online Investment Services "Netopia is pleased to be a part of Covad's new ADSL Wi-Fi service," said Dano Ybarra, vice president of marketing for Netopia. "The enhanced wireless range of the included Netopia Wi-Fi Gateway will enable Covad customers to maximize the value of their ADSL connection by connecting wirelessly anywhere in their home or office location."

Accompany Essential Investment Pat Hurley, director of research at TeleChoice, Inc., said: "While consumers and small businesses have many 'do-it-yourself' options for creating Wi-Fi networks to share their broadband connections, the process is still not as easy as it should be for them. By offering customers an easy-to-install and more secure Wi-Fi solution like Netopia's, including installation and support services, Covad is providing these customers a real alternative to the do-it-yourself nightmare."

Investment Company Covad's wireless networking solution is available through selected Covad strategic partners, value-added resellers, telecommunications carriers, affinity groups and Covad direct for a one-time fee starting at $159. Customers who do not already own a wireless card or do not have built-in Wi-Fi capabilities on their laptops can order a PCMCIA card from Covad for an additional $20.

Investment Management Solution For ordering and information please call Covad at 800-636-3500 or visit www.covad.com.

Investment Management Services About Covad

Guide Investment Stock Covad is a leading nationwide provider of integrated voice and data communications. The company offers DSL, Voice Over IP, T1, Web hosting, managed security, IP and dial-up, and bundled voice and data services directly through Covad's network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. Covad broadband services are currently available across the nation in 44 states and 235 Metropolitan Statistical Areas (MSAs) and can be purchased by more than 57 million homes and businesses, which represent over 50 percent of all US homes and businesses. Corporate headquarters is located at 110 Rio Robles San Jose, CA 95134. Telephone: 888-GO-COVAD. Web Site: www.covad.com.

Investment Manual Solution About Netopia

Investment Stock Netopia, Inc. (Nasdaq:NTPA) is a market leader in broadband and wireless products and services that simplify and enhance broadband delivery to residential and business-class customers. Netopia's offerings enable carriers and broadband service providers to improve their profitability with feature-rich DSL smart modems, routers and gateways, software that simplifies installation and reduces ongoing support needs, as well as value-added services to enhance their revenue generation. Netopia's Wi-Fi CERTIFIED(TM) gateways include 3-D Reach(TM) technology delivering enhanced wireless range, security and performance.

Essential Investment Solution Netopia's DSL smart modems, routers and gateways come with a suite of installation wizards and support utilities that offer a comprehensive approach to installation, deployment, service provisioning, application setup, self-diagnostics and troubleshooting. Netopia provides value-added services with its server software platform, including the netOctopus(R) suite of gateway and PC management and customer support software solutions, a server-based Parental Controls subscription service, and the Web eCommerce server software. netOctopus Desktop Support and eCare software enable broadband service providers and enterprises to support customers and devices by remotely viewing and operating the desktop or other device.

Citicorp Investment Services Headquartered in Emeryville, Calif., Netopia's common stock trades on The Nasdaq Stock Market(R) under the symbol "NTPA." Further information about Netopia can be obtained via phone 510-420-7400, fax 510-420-7601, or on the Web at www.netopia.com.

Fool Guide Investment Motley Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

Fidelity Investment Services The foregoing contains "forward-looking statements" which are based on management's current information and beliefs as well as on a number of assumptions concerning future events made by management. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Covad's control, that could cause actual results to differ materially from such statements. These risk factors include the impact of increasing competition, pricing pressures, consolidation in the telecommunications industry, uncertainty in telecommunications regulations and changes in technologies, among other risks. For a more detailed description of the risk factors that could cause such a difference, please see Covad's 10-K, 10-Q, 8-K and other filings with the Securities and Exchange Commission. Covad disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results of Covad.

Investment Management Contacts

Francisco Investment San
Covad Communications
Pavel Radda, 510-420-7529 (Media)
pradda@covad.com
Susan Crawford, 408-434-2130 (Investor Relations)
investorrelations@covad.com
or
Netopia
Lisa Langlands, 408-952-7425
llanglands@netopia.com

[ Comment, Edit or Article Submission ]