HyperSpace Communications Appoints Tim Bates Vice President of Operations

30-Year Software Industry Veteran to Oversee Information Technology, Product Management, Customer Support and Systems Engineering

DENVER – HyperSpace Communications, Inc., a worldwide leader in the development of Internet acceleration software products, today announced the promotion of Tim Bates to the position of vice president of operations.

Mr. Bates has been with HyperSpace since January of 2002, when he joined the Company as director of systems engineering. John Yeros, chairman and CEO of HyperSpace, said Bates’ leadership and contributions in the area of product refinement and process improvement have been key to the Company’s success with customers such as ALLTEL, TNT Logistics in the Netherlands, and Cims in the United Kingdom.

“Tim’s depth of knowledge in information technology and product management have been instrumental in our progress and development over the first half of this year, and we are looking forward to his continued contribution in his new role as vice president of operations,” Yeros said.

Before joining HyperSpace, Mr. Bates was the director of IT for OneRealm, Inc, where he designed and implemented a network structure that supported a large, global user community with more than 99% uptime. While at OneRealm, he was responsible for development of a number of applications that became part of the company’s product suite and spearheaded the development of OneRealm’s professional service practice.

Previous to OneRealm, Mr. Bates held several positions with Prime Computer, a global provider of hardware and software solutions. As customer service branch manager, he achieved the highest rankings for both customer and employee satisfaction. Mr. Bates attended the University of California in Riverside, California, where he studied Computer Science. He is involved in the community and provides technical resources and group leadership for Colorado’s Ocean Journey.

About HyperSpace

HyperSpace provides customers worldwide with an effective suite of software products and services that support the growing need for real-time content acceleration and improved business communications over the wired and wireless Internet. The Company’s products are used by customers in the financial services, wireless communications, consumer products and Internet service industries.