Xebeo Outsources to IBM

SOUTH PLAINFIELD, N.J. -- Xebeo Communications, Inc., a leading developer of carrier-class service aware switching platforms for next-generation packet based telecommunications networks, today announced that IBM Corporation (NYSE: IBM) will manufacture custom ASIC technology to be embedded in Xebeo's solutions. IBM is recognized worldwide as the most advanced ASIC manufacturer. In making today's announcement, Barbara Coulter, Vice President of Operations at Xebeo Communications, stated, "We believe Xebeo's extremely talented technical team, superior architecture and solid funding have all contributed to the formation of this key relationship with IBM." Xebeo Communications Inc.