Athena Technology is a privately held company founded in 2007 that develops carrier Ethernet switching technology. Its goal is to become the leading metro Ethernet products organization. Athena's management team has over 100 years of experience in telecommunications switching. The global carrier Ethernet market is growing significantly due to increased internet traffic and demand for business and residential services. Athena has developed high-performance, high-density core and access switches that are more cost effective than competitors and optimized to handle increasing bandwidth demands on carrier networks.

1. Overview

3. Privately held since March 2007

4. Headquartered in Newport Beach ,CA

5. Carrier Ethernet Switching Technology- Eliminating the Bottleneck - The Changing Communications Landscape

6. Vision Our goal is simply stated. We desire to be the best Metro Ethernet products organization in the world

8. 5 Million Shares Issued

9. 72% or 3.6 Million of the issued shares are Held by the founders

10. 28% or 1.4 Million are reserved for future employees

12. CEO of Summa Four, Inc. IPO & sold to Cisco for $400M

13. COO of Timeplex, Inc. sold to Ascom for $420M

14. Chairman and CEO of Coyote Systems

15. Ananda Perera

16. CTO of Raptor Networks, Viacom, Amdahl and MCI

17. Holder of multiple switching patents

18. Mark Perkell

19. Senior Vice President and General Counsel for CityNet Telecommunications

20. John Moore

21. General Manager -Timeplex Inc, Unisys, Fujitsu, Vice President - Raptor Networks

22. Sri Chaganty

23. Ceeyes Group (Founder), HolonTech (CTO), NEC, GTE Telecom, Unisys

26. 2005 Ethernet Revenue $3.5 Billion

27. Projected growth to $10.5 Billion in 2010

28. Application Growth

29. Business Services 55%/year

30. Residential Services 30%/year

31. Residential Drivers – Triple Play

32. IPTV/VOIP

33. High Speed Data

34. Gaming/YouTube/Social Networks

35. Enterprise Drivers

36. Increased Global Reach

37. Increasingly Distributed IT

39. Internet Traffic will grow 50 fold by 2015 (AT&T)

40. 8 hours of video is loaded on to YouTube every minute

41. 80% of traffic will be video by 2010 (from existing 30%)

42. 8 Million Terabytes of traffic by 2011

43. Key trends moving forward – massive content growth

44. Early movers such as Apple’s iTunes succeeded in evangelizing their technologies

45. Huge investments for R&D by early movers in digitizing content helped market acceptance of the technologies

47. Telco carriers are losing millions of basic customers (over 25M in US alone, $625 million in monthly revenue) to competitors because they cannot offer competitive high speed services.

48. Ethernet switching equipment market was $3.5B in 2005, projected at $10.5B by 2010.

51. Patentable Intellectual Property.

52. 180+ staff years of completed software development.

53. Tight coupling of the hardware/software interface.

55. 144 - 576 ports of 10 Gigabit Ethernet

56. 28 - CPU’s clustered for Control and Management

57. 2 - CPU for Historical Data Collection

58. 1152 - Ports of Gigabit Ethernet

59. 787- Gbps bandwidth per slot

60. 72 - Million Packets per second(Mpps)per 2x10GE ports

61. (system wide capacity of over 5.1 Bpps)

62. Scalable MAC table (512k-1M)

63. IPv4 and IPv6 unicast and multicast routing

65. 2 Load Balanced Power Supplies

66. 1 CPU for Control and Management

67. Anthem Software suite

68. Option Line Cards Line card A 8x10GE Ports (OC192, DWDM, 10GE) Line card B 2x40GE Ports (OC768, STM-256) Line card C 48 x 1GE ports Line card E 48 x 1GE ports & 4x 10GB Ports (OC192, 10GE, DWDM) Line Card E 64 x 1 GE Ports

69. Competition Vendor Features

71. Foundry Networks (July, 2008)– 128 x 10Gb Ports, not carrier grade, $17,000 per port acquired by Brocade for $3 billion, revenue of $600 million

73. Level 3, XO Communications

74. Carriers

75. Regional/Independent Telco's

76. International PTT’s

77. Verizon

78. AT&T

79. Cable Multiple System Operators

80. Telcom/Cable Equipment Manufacturers

81. Tellabs

83. Software Port “Reference Design” Complete

84. Functional Test complete 12 Mo after funding

85. Live demonstration 12 Mo after funding

87. Athena’s role in the network

88. Core Switching Backbone Business Ethernet Edge Broadband Ethernet Edge OLT Ethernet Aggregation Switch Ethernet Aggregation Switch Carrier Ethernet Telco's Cable MSOs Ethernet Aggregation Ethernet Aggregation Ethernet Switching Core Access Access

89. Topology Flexibility Ring & Spoke topology Bus topology Athena WiMax BTS Athena Carrier Ethernet Ethernet resilient ring Athena Athena Hub & spoke topology

90. Leased Ethernet WiMax Service delivery options Ethernet over PDH(T1/E1) Ethernet over TDM Athena SONET/SDH Access ring WiMax BTS SONET/SDH 10 Gbe Athena Native Carrier Ethernet Ethernet resilient ring Carrier Ethernet

91. WiMax BTS Ethernet solutions for WiMax,2G/3G base Stations Microwave backhaul: WiMax co-located with CDMA/GSM/UMTS WiMax BTS SONET/SDH Access ring WiMax BTS Ethernet radio 2G/3G base Station Microwave Athena WiMax BTS Microwave Radio Microwave Radio 10 GbE Ethernet over PDH(T1/E1) Athena Athena 10 GbE WiMax BTS Campus Ethernet Athena Carrier Ethernet WiMax BTS Ethernet resilient ring ATM 10/1000/1000 WiMax BTS T1/E1 Pseudo-Wire backhaul: WiMax co-located with CDMA/GSM/UMTS 2G/3G base Station Secure Router IP/PPP

92. Conclusion

95. Aggressive Cost/Price ModelRobust Management Software 16% of Competitor’s Cost 30% of Competitor’s Price 25