MATISSE NETWORKS APPOINTS MICHAEL JOHNSON AS CHIEF FINANCIAL OFFICER  

Veteran CFO Joins Expanded Management Team

Mountain View , CA – May 25, 2005 – Matisse Networks, innovator of optical burst switching for metro optical networks and named one of “10 Start-Ups to Watch” by Network World, today announced the appointment of Michael Johnson, 52, to the newly created role of Chief Financial Officer. Johnson, a 25-year industry veteran with an exceptional track record at both private and public companies, has previously worked with Matisse CEO Sam Mathan at Ascend Communications and Amber Networks. He will be responsible for finance and administration functions.

“When it comes to evaluating the potential of a venture-funded start-up, I always look to the fundamentals: core technology, executive management team and the strength of the investors,” said Johnson. “With breakthrough optical burst switching technology, a management team led by industry veteran Sam Mathan, and blue chip investors, Matisse more than meets my criterion of a company poised for success. I’m excited to be joining the company.”

Prior to joining Matisse, Johnson served as chief financial officer and in senior finance roles for a variety of companies. His experience includes Amber Networks (acquired by Nokia), CacheFlow (IPO), and Ascend Communications (IPO and later acquired by Lucent). Most recently, Johnson was chief financial officer and senior vice president of the public company @Road. He is a California Certified Public Accountant (CPA).

"Matisse is entering a new phase in its lifecycle that requires the next level of financial and operational expertise,” said Mathan. “ I've teamed with Michael while we both were at Ascend Communications and then again when he was CFO at Amber Networks. I know first hand the value he brings to a management team, and I’m exceptionally pleased to have him join Matisse.”

About Matisse Networks

Matisse Networks is named after Henri Matisse, the famous painter known as the “Master of Color”. Like the painter, Matisse is mastering the colors of light to pioneer the field of optical burst switching. Backed by leading venture capital firms Menlo Ventures, Walden International and Woodside Fund, Matisse is privately held and headquartered in Mountain View California. Matisse has been named on of the “Top 10 Startups to Watch” by Network World. Additional information on Matisse is available at: http://www.matissenetworks.com.

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