Digital Broadband Networks (fka DBBD)

[Justin]

Digital Broadband Networks Awarded Contract for $9.0 million to Supply Biometric Security Products and EyStar SmartHome Console
Tuesday April 8, 10:12 am ET


FLEMINGTON, N.J.--(BUSINESS WIRE)--April 8, 2003--Digital Broadband Networks, Inc. (OTCBB:DBBD - News) www.dbni.net today announced that its Malaysian subsidiary, Animated Electronic Industries, has been awarded a $9.0 million from Mutual Base Equity for the supply of biometric security products and the EyStar SmartHome Console. The contract duration is over three years with the first delivery expected to commence in the fourth quarter of 2003.
The above contract is in addition to the existing Distribution Agreement signed in January 2002 between Animated Electronic Industries and Mutual Base Equity for the supply of the EyStar SmartHome Console. The Distribution Agreement is expected to generate $17.5 million in revenue over three years.

Today, the only technology that can automatically identify people with any degree of certainty is biometrics. Biometrics uses unique physiological characteristics that are not shared by any other person, such as fingerprints and faces, to positively identify an individual. The combination of both face and fingerprint recognition technologies make it possible to serve enterprises with multiple locations and populations up to 2.5 million. The combined technologies are believed to be extremely reliable, providing a security level equivalent to a DNA test.

The multi-protocol EyStar SmartHome Console is a gateway device that bridges external data networks such as the Internet to internal home networks like Ethernet, telephone line, power line and the 802.11b wireless LAN, eliminating the need for any additional wiring in the home.

About Digital Broadband Networks

Digital Broadband Networks, Inc., a Delaware corporation, (www.dbni.net) is the parent company of EyStar Media Inc. and Malaysian-based Animated Electronic Industries (AEI), and its subsidiary, Perwimas Telecommunications. AEI is involved in the development of value added Internet Protocol services and marketing of office/home automation devices. Perwimas is licensed to operate VISIONET, a national, digital, wireless broadband network that will support high speed Internet access, video on demand, multimedia applications and services targeted towards both business and residential markets.

Safe Harbor Statement

Investors should carefully consider the preceding information, as well as other information contained herein before making an investment in the common stock of the Company. Information contained herein contains forward-looking statements and information that are based upon beliefs of, and information currently available to management, as well as estimates and assumptions made by management. Forward-looking statements can be identified by the use of forward-looking terminology such as "believes," "expects," "is expected," "intends," "may," "will," "should," "anticipates," "plans" or the negative thereof. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results to vary materially from historical results or from any future results expressed or implied in such forward-looking statements. Digital Broadband Networks does not undertake to update, revise or correct any forward-looking statements.

L.G. Zangani, LLC provides financial public relations service to the Company, As such L.G. Zangani, LLC and/or its officers, agents and employees, receives remuneration for public relations and or other services in the form of moneys, capital stock in the Company, warrants or options to purchase capital in the Company.



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Contact:
Digital Broadband Networks, Inc.
Valerie Looi, 011 (603) 7955 4582
[e-mail]
or
L.G. Zangani, LLC
Leonardo Zangani, 908/788-9660
[e-mail]