IRVINE, Calif., May 16, 2005 - Aktino, the first company to implement MIMO techniques on DMT-based copper access platforms to enable long-reach, high-bandwidth service on embedded copper loops, today announced the completion of its oversubscribed series-B funding round, totaling $16 million.

The Series B round was led by new investor Innocal Venture Capital and included Silver Creek Ventures, three other new investors, and all of Aktino's Series A investors. Aktino's Series A investors included Foundation Capital, CrossPoint Venture Partners, and Miramar Venture Partners. Joining them in the Series B round in addition to InnoCal Venture Capital and Silver Creek Ventures are Shea Ventures, Ventana Capital Management and Huntington Ventures.

"Aktino is emerging as the leader in the fast growing business broadband segment of the market," commented Dan Bassett, managing director of InnoCal Venture Capital. "We were repeatedly impressed with the progress Aktino has made since their inception. It's nearly unheard of for a startup to deliver a GA (general availability) product, secure numerous customers, and enter into multiple major Telco labs in just two years. We are looking forward to supporting Aktino as they continue to emerge as the established leader in the business broadband over copper market."

Based on the most widely deployed standard DSL technology, DMT (Discrete Multi Tone), and the first products to utilize MIMO (Multiple Input Multiple Output) techniques in the wireline domain, Aktino's technology solves the crosstalk problem in copper binders. This enables its platforms to transport more bandwidth to longer distances on fewer pairs than any other currently available technology.

"This round of financing further validates Aktino's commercial progress. In less than two years and with just one round of funding, Aktino was able to deliver a GA product and generate revenue from multiple large IOC (independent operating company) customers," said Kathryn Gould, general partner of Foundation Capital. "This progress is a testament to the Aktino team, their MIMO on DMT technology, and a strong market demand for cost-effective business-class broadband solutions."

Within the past month, Aktino publicly announced the industry's first MIMO on DMT multi-pair platform, the AK3000. Deployed and generating revenue with multiple service providers throughout North America since October of 2004, the AK3000 enables service providers to deliver business-class 45 megabit per second DS3 and Fractional DS3 services throughout the entire Carrier Serving Area over embedded copper loops.

About Aktino
Aktino designs and delivers innovative carrier-class long reach broadband over copper solutions that enable service providers to offer revenue generating business-class broadband services over existing copper loops. A pioneer in the use of MIMO techniques on industry standard DMT-based copper access platforms, Aktino's products allow service providers to deliver ubiquitous business-class broadband services to the entire CSA footprint without further infrastructure investments. Founded in 2003 and headquartered in Irvine, California, Aktino is currently shipping products to service providers throughout the world. For more information, visit www.aktino.com