FREMONT, CA announced today that C. Nicholas Keating, Jr., president and CEO, and John McGrath, CFO, will be presenting at the 10th Annual Needham Growth Conference at the New York Palace Hotel in New York City on January 9, 2008, at 3:30 p.m. ET. The presentation will highlight NET's product direction and progress in delivering muti-service, broadband and Voice-over-IP solutions to government and enterprise customers worldwide.

A link to the live webcast will be available at http://ir.net.com under "Upcoming Events." The presentation will be archived and available under the "Webcast Archives" section of the website until at least midnight on April 9, 2008.

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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