UPSTART HOME DIRECTOR ATTRACTS CISCO’S DOLLARS

MORRISVILLE, N.C.
Published: July 18, 2000

Home Director Inc., a spin-off of IBM‘s Home Network Solutions unit, announces that Cisco Systems, a world leader in networking systems for the Internet, has invested in the company. Home Director is a technology leader for home networking systems for the Internet, entertainment and communications applications, and its Network Connection Center forms the backbone of a home’s technology infrastructure. “We are pleased that Cisco and others in the investment community have chosen to invest in Home Director and recognize the potential and leadership that our company brings to the home networking market,” says Mary Walker, president and CEO of Home Director. “With this funding, we will be able to grow the home networking market as never before and continue to build on our solid foundation of technology, innovation and channel management.”

Home Director and Cisco Systems are working together to drive the emerging intelligent home industry and to provide greater access to technology for families. Home Director was launched in January as an independent, entrepreneurial spin-off of the former IBM Home Networking Solutions unit. For more information, call (800) 426-7144 or visit www.homedirector.com.

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