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Millennial Net Co-Founder Honored by Technology Review as One of the World's Top Young Innovators

Sokwoo Rhee Recognized by MIT's Magazine of Innovation for His Ground-Breaking Work in Wireless Mesh Networking

Burlington, Mass.-Sept. 20, 2004-Millennial Net, Inc., the leading developer of self-organizing, wireless sensor networking systems, today announced that Sokwoo Rhee, company co-founder and chief technology officer, has been named to the 2004 list of the world's 100 Top Young Innovators by Technology Review, MIT's Magazine of Innovation.

The TR100, chosen by the editors of Technology Review and an elite panel of judges, consists of 100 individuals under age 35 whose innovative work in technology has a profound impact on today's world. This year's nominees are recognized for their contributions in transforming the nature of technology and business in industries such as biotechnology and medicine, computing and nanotechnology.

The award acknowledges Rhee's work in the design and development of a self-organizing wireless sensor network system. Based on his early research at Massachusetts Institute of Technology (MIT) into bio-medical sensing devices for remote medial monitoring applications, Rhee co-founded Millennial Net to apply his research for healthcare improvements and beyond. Leveraging mesh networking principles, Rhee's early development of wireless sensor networking technology enabled Millennial Net to address the critical requirements of a low-power, low total cost of ownership, highly scalable network that could connect thousands of sensing devices in remote locations for a wide variety of applications including healthcare, building automation and industrial automation.

The 2004 TR100's unparalleled panel of judges includes senior executives from the following organizations: Boston University, Caltech, Cambridge University, CombinatoRx, Concept2Company, Cornell University, General Electric, Geekcorps, Georgia Tech, Harvard Medical School, Hewlett-Packard, IBM, Intellectual Ventures, Microsoft, MIT, Northwestern University, PureTech Ventures, Singapore Institute of Bioengineering and Nanotechnology, TIAX, Wharton, Xerox and YankeeTek Ventures.

"This year's winners are all pioneering fascinating innovations in various technology fields at a very young age," said David Rotman, executive editor of Technology Review. "Sokwoo's work in the wireless mesh networking area demonstrates a vision that will shape the future of this exciting new technology."

"Millennial Net's technology provides for continual streams of business-critical information from interconnected sensing and monitoring devices without the need for human administration for years at a time," said Andy May, president and chief executive officer at Millennial Net. "Sokwoo's vision and technical leadership have enabled Millennial Net to secure major financing from top-tier venture capital firms and major wins at customer accounts."

"Technology Review has named an elite group of visionaries in a wide range of emerging and important technologies," added Rhee. "It is a privilege to be included in this list."

Rhee will be honored September 29-30 at Technology Review's Emerging Technologies Conference at MIT. More information on ETC2004 can be found at www.tretc.com

About Millennial Net
Headquartered in Burlington, Mass., with offices in Tokyo, Japan, Millennial Net is the world's leading developer of ultra-efficient, highly scalable, self-organizing wireless sensor networking systems. Millennial Net's award-winning networking software and tiny micro-power i-Bean® hardware modules allow instrumentation and sensing devices like gauges, sensors and actuators to connect and communicate with each other over self-organizing, self-healing networks. Patented technology enables customers to rapidly develop and deploy wireless sensor networks that can operate with an extremely low rate of power consumption on the energy of a 3-volt coin-sized battery for years at a time. Wireless sensor networks enable the remote monitoring and management of critical devices while providing data to enable more informed decision-making, better control, and increased revenue opportunities. Wireless sensor networks are in use today for industrial, medical, consumer and military applications. Millennial Net is committed to advancing Wireless Sensor Networking...Anywhere. For more information, please visit www.millennialnet.com.