net.com Third Quarter FY2005 Earnings Conference Call and Investor Relations Schedule FREMONT, Calif., Jan. 5 /PRNewswire-FirstCall/ -- Network Equipment Technologies, Inc. (NYSE:NWK), a global provider of communications equipment, will announce earnings before the opening of market on Wednesday, January 12, 2005 for the period ended December 24, 2004. Management will host a conference call to discuss the results at 5:00 a.m. PST/8:00 a.m. EST. The toll-free conference number is (800) 603-9684. RSVP to 510-574-3047 to ensure a line is available for you. Conference replay will be available at 6:00 a.m. PST/9:00 a.m. EST on January 12 until 11:00 p.m. on Wednesday, January 26, 2005. Dial (800) 642-1687 and enter access code 3251961. This call is being webcast by Thomson/CCBN and can be accessed at net.com's Web site at http://www.net.com/, or the investor relations Web site directly at http://ir.net.com/. The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at http://www.fulldisclosure.com/, Thomson/CCBN's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson's password-protected event management site, StreetEvents (http://www.streetevents.com/). Management will present the next day, January 13, 11:30 a.m., at the Seventh Annual Needham Growth Conference at the New York Palace Hotel in New York City. Additionally, management will present at the Brean Murray Institutional Investor Conference -- Technology Day on February 2, 2005 in New York. About net.com Network Equipment Technologies, Inc., doing business as net.com, develops and delivers platforms for broadband, IP telephony, and multiservice networks. An architect of the networking industry, net.com has been supplying service providers, governments and enterprises around the world with bulletproof networking technology for more than 20 years. net performance. net results. net.com. DATASOURCE: Network Equipment Technologies, Inc. CONTACT: Brenda Ropoulos of Network Equipment Technologies, Inc., +1-510-574-2508 or Web site: http://www.net.com/

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