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Og Vodafone, Iceland's Second Largest Broadband Services Provider Builds New IP-Based Network with Paradyne 8000 BLC


Largo, Fla. — June 20, 2005 —
Paradyne (NASDAQ: PDYN), a leading provider of triple play Broadband Loop Carriers(IP BLCs),   and Ethernet access equipment, today announced an expanded relationship with Og Vodafone, marking the first BLC deployment in Iceland.

In a move to offer additional value-added triple play services, Og Vodafone has elected to continue with the deployment of the Paradyne 8000 series platform as they transform their current ATM network to a more advanced IP-based network. As part of the agreement, Paradyne will provide its ADSL2+ cards for the Paradyne 8000 BLCs. Triple play services including IPTV, Internet, and VoIP will be available to more than 5,000 homes in the local area by the end of 2005.

“Og Vodafone is excited to have the ability to offer our customers a variety of broadband solutions using Paradyne’s multi-service platforms,” said Örn Orrason, vice president of networks, Og Vodafone. “We have used their 8000 series BLC chassis for years now and they continue to show proven strength throughout the access network. And more importantly, our previous investment in the 8000 series platforms will be preserved since ATM is easily converted to IP with only a simple change of the SCP card.”

“Paradyne is committed to helping service providers like Og Vodafone stay competitive. This means having the ability to profitably offer IP-based triple play solutions that can deliver advanced data and video services,” said Ken Hood, vice president of product management and marketing, Paradyne. “We are very pleased to be able to continue our relationship with Og Vodafone and play a part in their next-generation network deployments.”

Paradyne 8000 Series Broadband Loop Carrier (BLC) is a standards-based, scalable, high-capacity BLC that utilizes the latest switching fabric, enabling service providers to offer voice, video, and data services from a single platform. The Paradyne 8000 BLC series' flexibility lets you meet market demand for multiple services, providing significant revenue generation.

About Paradyne

Paradyne provides a broad family of IP-based broadband access solutions, including IP BLCs, DSLAMs, Ethernet over Copper Network Extenders, IADs, and CPE. Paradyne's products support both residential triple play solutions and business class bonded SHDSL, ADSL2+, T1/E1, and DS3 bonded solutions for LAN Extension and Cell Site Data Backhaul applications. Paradyne's solutions are designed to enhance carrier revenue streams with full support for Multimedia Traffic Management (MTM) and to lower carrier operational expenses through Operational Intelligence (OpIQ). More information may be obtained by visiting www.paradyne.com  or by calling +1-727-530-8623.

Contacts:
Wendy Mozingo
Paradyne Networks, Inc.
727-530-2272
wmozingo@paradyne.com

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