Performance Technologies Offers Industry's First PICMG® 2.16-Compliant Signaling Gateway Blade

Press Inquiries

ROCHESTER, N.Y. - June 25, 2002 - Performance Technologies, Inc. (Nasdaq: PTIX) today announced the release of its IPnexus™ Signaling Gateway Blade - a full-featured signaling gateway compliant with the PCI Industrial Computer Manufacturers Group's (PICMG®) 2.16 CompactPCI®/Packet Switching Backplane standard. It marks the industry's first PICMG 2.16-compatible embedded SS7/IP signaling gateway.

When used in conjunction with wireless equipment, softswitches, media gateways and application servers, the IPnexus Signaling Gateway Blade bridges call control functionality and service processing capabilities of traditional circuit-switched telephone network switches and emerging IP networks. It uses Performance Technologies' own distributed software architecture for enhanced system reliability and scalability and supports the SS7 and SIGTRAN families of standard protocols.

The operating system-agnostic IPnexus Signaling Gateway Blade is capable of functioning independently while communicating with other sub-systems over the embedded Ethernet/IP backplane network of a PICMG 2.16 system. The IPnexus Blade allows systems developers to easily integrate SS7/IP functionality directly into this growing, next-generation embedded architecture.

"Our new IPnexus Signaling Gateway Blade is ideal for equipment developers and system integrators needing carrier-grade signaling solutions that cost effectively integrate into the 2.16 architecture," said Ed Bizari, director of marketing for Performance Technologies. "It allows use of our network-proven, SIGTRAN-based signaling software to integrate highly scalable, fault-tolerant SS7/IP solutions in a much shorter timeframe than previously possible."

The IPnexus Signaling Gateway Blade has an OEM price of $19,500 for eight SS7 links with general availability in mid-Q3 of this year.

About Performance Technologies, Inc.

Performance Technologies is a leading supplier of packet-based telecommunications and networking products for wireline, wireless and next-generation Internet Protocol networks. The company provides enabling carrier-grade technology solutions, including network access products, Ethernet switching products and SS7/IP solutions to network operators, equipment manufacturers and systems integrators worldwide.

Performance Technologies is headquartered in Rochester, New York. Additional engineering facilities are located in Raleigh, North Carolina; San Diego, California; and Ottawa, Canada. For more information about Performance Technologies, visit www.pt.com.

Forward-Looking Statements

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. This press release contains forward-looking statements which reflect the Company's current views with respect to future events and financial performance, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor provisions of those Sections.

These forward-looking statements are subject to certain risks and uncertainties and the Company's actual results could differ materially from those discussed in the forward-looking statements. These risks and uncertainties include, among other factors, general business and economic conditions, rapid or unexpected changes in technologies, cancellation or delay of customer orders including those relating to design wins, changes in the product or customer mix of sales, delays in new product development, customer acceptance of new products and customer delays in qualification of products. These statements should be read in conjunction with the audited Consolidated Financial Statements, the Notes thereto, and Management's Discussion and Analysis of Financial Condition and Results of Operations of the Company as of December 31, 2001, as reported in its Annual Report on Form 10-K and other documents as filed with the Securities and Exchange Commission.

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