Actelis Networks
Selected as a Finalist for Financial Times’ Disruptive
Communications Technology Award

Innovative EFMplus Technology Enables Service Providers to Expand
the Reach of Their Ethernet Services over Existing Copper Infrastructure

LONDON, ENGLAND, 30 October 2006 - Actelis Networks®, the leading
provider of Carrier Ethernet over Copper™ solutions, today announced
that it has been named as a finalist by the Financial Times for its ‘judges
choice’ Disruptive Communications Technology Award. The award celebrates
the achievements of a communications company that has used technology to
revolutionize the way people communicate, and in doing so has opened the
door to exciting new market opportunities. The judging panel made up of senior
technology professionals chose Actelis Networks for its innovative Carrier
Ethernet over Copper platforms, which are being utilized by major service
providers in 25 countries world-wide.

“Actelis Networks is honored to be named as a finalist for this prestigious
award which speaks to our dedication to drive industry innovation,” said
George Lasry, General Manager of International Markets, Actelis Networks. “Our
solutions empower operators to deliver and receive fiber-like performance
at significant cost savings and these value-added benefits enable them to
innovate and offer more premium services to end-users.”

Actelis Networks Carrier Ethernet over Copper solutions, based upon their
patented EFMplus™ technology, leverage existing copper infrastructure
to extend the reach of Ethernet services that have been restricted by the
limited availability of fiber. The company provides easy-to-deploy and highly
reliable solutions that deliver the carrier-class performance and fiber-like
resiliency necessary to reach previously untapped Ethernet markets.

The Disruptive Communications Technology Award joins six other prestigious
categories of FT World Communications Awards to be presented during the FT
World Communications Conference 2006 – Gala Dinner and Awards Ceremony.
Category winners will be announced on the evening of 21 November 2006.

James Golob, member of the 2005 Judging Panel, and former Managing Director
and Head of Telecoms Research, Goldman Sachs, commented "Given how fast
the world of telecom technology is changing, the FT Communications Awards
is a perfect place to get a real feel for which companies and products are
setting the pace".

The Disruptive Communications Technology Award nomination comes on the heels
of two major Actelis Networks’ deployments in Europe. COLT, a leading
European provider of business communications, introduced Actelis EFMplus
technology in France and Belgium as the first phase in a program to boost
local access speeds for businesses across Europe. Likewise, Easynet, a leading
Pan-European broadband service provider, launched its innovative EtherStream™ service
using Actelis' solutions - UK's first Ethernet in the First Mile (EFM) service
over copper. This development follows the success of the service in the Netherlands.

About FT World Communications Conference and Awards 2006
The FT World Communications Conference, Reaping the Rewards of a Digital
Age, will take place on 21-22 November 2006, and will include two days of
insightful panel debates, analyst presentations, and individual addresses.
The Gala Dinner and Awards Ceremony will take place on the evening of 21
November, with the following awards announced: FT Communications Innovation – Content
Award, FT Communications Innovation – Technology Award, FT Customer
Recognition Award, FT Business Leader Award, FT Financial Performance Award, ‘readers’ choice’ FT
Communications Gadget of the Year Award and the ‘judges’ choice’ Disruptive
Communications Technology Award. Over 300 leading telecommunications innovators
and business leaders will attend the evening.

For more information about this year’s FT World Communications Conference
or the Gala Dinner and Awards Ceremony, both taking place at The Dorchester,
London, please visit: http://www.ftconferences.com/