AO Picks Top 100 Companies for 2003

Innovative Private Companies Demonstrate Market Traction and Ability to Disrupt Existing Markets
Palo Alto, California, June 23, 2003- AlwaysOn, the media company that covers innovation in technology and business, announced today its highly-anticipated AO100 Top Private Companies. AlwaysOn editors compiled the list with assistance from KPMG's emerging business practice, KPMG 1Start. The two groups surveyed more than 1,000 venture investors, investment bankers, top entrepreneurs and executives, who nominated more than 700 companies for the competition.

The premise of the competition is that consumers and businesses are demanding greater access to the Web for more convenience and productivity, and these demands are beginning to drive the next boom in high technology.

"Consumers are just beginning to get a glimpse of the power of communicating and accessing content and services 24 hours a day, 7 days a week, and they want more," notes AlwaysOn Editor, Tony Perkins. "And if companies do not automate their businesses a la Dell Computer, they will be at a serious competitive disadvantage."

All innovators in their given technology sectors, each of the AO100 winners demonstrate leadership among their peers in at least two areas: market traction measured by revenue or customer growth and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players.

In explaining the selection process, Mr. Perkins notes: "Our survey proves that private company innovation is alive and thriving. We believe that many of the companies funded in the last 12 months will end up being some of the biggest names associated with the Internet. To raise money and win customers in this market, private companies must show that their products and services are an order of magnitude above what currently exists in the marketplace."

According to Packy Kelly, Partner in charge of KPMG 1Start, "We were surprised to see so many IPO candidates among the AO100 list. Given all the turmoil in the IT sector, we didn't expect to see so many companies with positive revenue and profit growth. Given the recent gains on NASDAQ, this could mean a very respectable IPO calendar for the second half of this year."

The AO100 companies will be honored at a reception at the upcoming AO2003: The Innovation Summit to be held July 15-17 at the Stanford Law School on the Stanford University Campus.

A limited amount of tickets for AO2003 are stiil available. Those interested in buying tickets can register themselves on the web, or contact Kathy Osweiler at 415-751-0170 or at kathy@alwayson-network.com

At this reception, AlwaysOn will also announce:

* The AO Company of the Year

* The AO Consumer Technology Company of the Year

* The AO Business-to-Business Company of the Year

* The Disruptive Innovation Award

* Top 12 Venture Firms of the Year

The AO100 Top Private AlwaysOn Companies by sector are as follows:

Business Software:
Arbortext http://www.arbortext.com/
ArcSight http://www.arcsight.com/
Atomz http://www.atomz.com/
Cerisent http://www.cerisent.com/
Datasweep http://www.datasweep.com/
DemandTec http://www.demandtec.com/
DivXNetworks, Inc. http://www.divxnetworks.com/
edocs, Inc. http://www.edocs.com/
Elance http://www.elance.com/
Evant http://www.evant.net/
Groove Networks http://www.groove.net/
IMlogic http://www.imlogic.com/
Inxight Software http://www.inxight.com/
Cast Iron Systems http://www.ironhide.com/
iSpheres http://www.ispheres.com/
Kontiki http://www.kontiki.com/
MailFrontier http://www.mailfrontier.com/
Metamatrix http://www.metamatrix.com/
Metreo http://www.metreo.com/
MontaVista Software http://www.mvista.com/
Motive http://www.motive.com/
Neoteris http://www.neoteris.com/
newScale http://www.newscale.com/
Oblix http://www.oblix.com/
OpenNetwork Technologies http://www.opennetwork.com/
Open Solutions http://www.opensolutions.com/
Opera Software http://www.opera.com/
Orchestria http://www.orchestria.com/
OuterBay http://www.outerbay.com/
Pedestal Software http://www.pedestalsoftware.com/
PGP Corp. http://www.pgp.com/
Qpass http://www.qpass.com/
RightNow Technologies http://www.rightnow.com/
Salesforce.com http://www.salesforce.com/
Systinet http://www.systinet.com/
Tacit http://www.tacit.com/
Trigo http://www.trigo.com/
Tripwire http://www.tripwire.com/
Valdero http://www.valdero.com/
VizionalTechnologies http://www.vizional.com/
VMware http://www.vmware.com/
WholeSecurity http://www.wholesecurity.com/
Wily Technology http://www.wilytech.com/
Zone Labs, Inc. http://www.zonelabs.com/

Connectivity:
2Wire http://www.2wire.com/
Airgo Networks http://www.airgonetworks.com/
Aruba Wireless Networks http://www.arubanetworks.com/
Bluesocket http://www.bluesocket.com/
Boingo Wireless http://www.boingo.com/
Cambridge Positioning Systems http://www.cursor-system.com/
Cometa Networks http://www.cometanetworks.com/
DataPower Technology Inc. http://www.datapower.com/
Egenera http://www.egenera.com/
Figure 8 Wireless http://www.figure8wireless.com/
Good Technology http://www.good.com/
InphoMatch http://www.inphomatch.com/
iPass http://www.ipass.com/
IPWireless http://www.ipwireless.com/
MaXXan http://www.maxxan.com/
NetMotion Wireless http://www.netmotionwireless.com/
NetScaler http://www.netscaler.com/
NextHop http://www.nexthop.com/
Peribit http://www.peribit.com/
Pronto Networks http://www.prontonetworks.com/
Santa Cruz Networks http://www.santacruznetworks.com/
SOMA Networks, Inc. http://www.somanetworks.com/
Sylantro http://www.sylantro.com/
Symbian Ltd http://www.symbian.com/
Topspin Communications http://www.topspin.com/
Trapeze Networks http://www.trapezenetworks.com/
Vivato http://www.vivato.net/
Zhone Technologies, Inc. http://www.zhone.com/

Devices:
Atheros http://www.atheros.com/
Atrenta http://www.atrenta.com/
AuthenTec http://www.authentec.com/
Barcelona Design http://www.barcelonadesign.com/
Cavium Networks http://www.cavium.com/
Cornice Inc. http://www.corniceco.com/
Everbee Networks http://www.everbee.com/
Infinera http://www.infinera.com/
Isilon http://www.isilon.com/
Konarka Technologies http://www.konarkatech.com/
Netezza http://www.netezza.com/
Pixim http://www.pixim.com/
T-RAM www.t-ram.com
Vocera Communications http://www.vocera.com/
ZettaCore http://www.zettacore.com/

Media:
FullAudio http://www.fullaudio.com/
Google http://www.google.com/
Gracenote http://www.gracenote.com/
iSuppli http://www.isuppli.com/
Shazam Entertainment http://www.shazam.com/
WorldWinner http://www.worldwinner.com/

Web Services:
51Net http://www.51job.com/
AmberPoint http://www.amberpoint.com/
Dorado Corporation http://www.dorado.com/
freightquote.com http://www.freightquote.com/
Grand Central Communications http://www.grandcentral.com/
Homestead http://www.homestead.com/
WageWorks http://www.wageworks.com/

Members of the press and blogging community who would like more details on the AO100 should contact: Leslie Amadio, InterActive Public Relations for AlwaysOn Network, leslie_amadio@ipri.com, 415.975.3353