Paradyne Continues to Sharpen its Focus on Broadband Solutions For Wir

    Business Editors/High-Tech Writers/Telecommunications Writers

    LARGO, Fla.--(BUSINESS WIRE)--Jan. 4, 2005--Paradyne (NASDAQ:PDYN), a leading provider of broadband voice, data and video network access solutions, today announced it will continue to build on its 2004 successes and will look to Ken Hood to lead the marketing group as the new vice president of marketing and product management.
    "Ken's experience, leadership and focus on business objectives will aid us in the development of future marketing efforts as we continue to evolve as a company with greater depth of products in core industry segments," said Sean Belanger, president and CEO, Paradyne. "The additional focus placed on marketing will ensure the success of our long-term business plan, which is designed to meet the growing demand for robust, reliable broadband access solutions."
    Paradyne's consistent focus has resulted in strong 2004 company growth with six consecutive quarters of increased revenue. Since 1996 Paradyne has delivered more than 5.4 million ports of DSL to the market, and it has more than 1 million DSL modems in the market today. And Paradyne's customers' deployments of ADSL2+ in IP networks reach around the globe.
    "Paradyne is in growth mode and is enjoying significant customer traction in the IP DSLAM / ADSL2+ market," said Ken Hood, vice president of marketing and product management. "I am excited to bring a solutions approach to the marketing team at a juncture when Paradyne's 2005 product pipeline is the most robust it has been in a long time."
    With more than 10 years of telecom broadband experience, Hood has held various management positions with 3Com and Jetstream Communications prior to joining Paradyne. Most recently, Hood ran Paradyne's EMEA-CALA sales team, and has grown revenue in these regions by 200 percent over the past 18 months.

    About Paradyne

    Paradyne has the most extensive "triple play" and business class bonded copper broadband access portfolio in the industry, which includes a highly scalable family of broadband access concentrators and customer premises equipment for voice, data, and video applications. Paradyne's Access portfolio enables operators to address both residential and business markets from the same platform in a complete fashion, optimized for maximizing revenue and ease of deployment. Paradyne's access technologies on both ends of the pipe include: ADSL2+, SHDSL, Bonded SHDSL up to 50+ Mbps, ReachDSL, TDM over DSL, T1/E1, POTS to VoIP technology, and more, all available over IP. More information may be obtained by visiting http://www.paradyne.com or by calling +1-727-530-8623.

    Information about Forward-Looking Statements:

    This press release contains forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements are made pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995 and are made based on management's current expectations and beliefs as well as on assumptions made by, and information currently available to, management. Among the factors that could cause actual future events to differ materially include: the uncertainty regarding the acceptance of new telecommunications services based on DSL technology; reduction or discontinuation of purchase of our products by NSPs; the failure of NSPs to incorporate our products into their infrastructure; the possibility that Paradyne's competitors may develop competing products that are superior in terms of quality, cost or both. For a detailed discussion of other risk factors that could affect Paradyne's business, please refer to the risks identified in Paradyne's Current Report on Form 10-Q, dated Nov. 9, 2004, and in Paradyne's other filings with the Securities and Exchange Commission.

    Editors Note: Paradyne, the Paradyne Logo, and ReachDSL are registered trademarks of Paradyne Corporation.

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CONTACT: Paradyne, Largo Wendy Mozingo, 727-530-2272 wmozingo@paradyne.com

KEYWORD: FLORIDA INDUSTRY KEYWORD: HARDWARE TELECOMMUNICATIONS SOFTWARE NETWORKING MANAGEMENT CHANGES SOURCE: Paradyne

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