Synchron Networks Raises $10 Million Funding
Second-round financing strengthens company to deliver its innovative software deployment platform

Scotts Valley, California - Synchron Networks Inc., a pioneer in secure software deployment announced today that it has raised $10 million of second-round funding in a financial transaction co-led by returning Series A lead investor, 3i and a new investor, Onset Ventures.

3i is the world's largest venture capital company and Onset Ventures is a leading investor in communications and software technology companies. Total funding for the company is $18 million. Darlene Mann, Onset Ventures General Partner, has joined the company's board of directors.

"We are very pleased to secure this round of financing in a very challenging economic environment. Our customers and investors are well positioned to realize significant value from their growing confidence in Synchron and our software deployment technology." said Rob Faw, Chairman for Synchron Networks.

About Synchron Networks: Synchron is an innovator of secure software deployment of applications, content and data for every network. Its infrastructure platform easily integrates management applications and reliably deploys software to an unlimited number of network devices.

Contact:
Judith Jensen
Synchron Networks Inc
Telephone: 831-430-1115
jjensen@synchronnetworks.com