Network Equipment Technologies Schedules Conference Call to Reiterate Guidance

FREMONT, CA announced today that it intends to host a conference call to reiterate the guidance previously given during the company's second quarter fiscal year 2008 conference call on October 31, 2007. The call will be held today, December 13 at 2:00 p.m. ET. Please dial (800) 510-9836 or (617) 614-3670 and provide conference ID# 42512873 to access the call. The conference call will also be broadcast from http://ir.net.com.

A recording of the conference call will be provided by telephone and the internet beginning two hours after completion of the call. The replay may be accessed by telephone through midnight on December 20, 2007; please dial (888) 286-8010 or (617) 801-6888 and enter conference ID# 46583885. A digital recording will be available on the Company's website for one year.

About Network Equipment Technologies, Inc.

For nearly a quarter of a century, Network Equipment Technologies, Inc. (NET) has provided voice and data communications equipment for multi-service networks requiring high degrees of versatility, interoperability, security and performance. NET's broad family of products are purpose-built for mixed-service, multi-protocol networks; bandwidth-sensitive site communications; high performance, security-sensitive transmissions; and converged communications. The company's NX (network exchange) and VX (voice exchange) products enable interoperability and integration with existing networks for seamless migration to secure IP-based voice and data communications. In addition, Quintum, a subsidiary of NET, delivers VoIP access solutions that bring the reliability and voice clarity of public telephone networks to Internet telephony.

Visit www.net.com for more information.

Company Contact: Network Equipment Technologies, Inc. Leigh Salvo (510) 647-8870 Email Contact

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