July 12, 2001 Holocom Networks (www.holocomnetworks.com) announced significant changes to its Board of Directors, replacing all but two former directors with five new influential real estate industry executives in a move that reinforces the strategic priorities of Holocom.

"Holocom's strategy to assume a leadership position in radically simplifying connectivity to the desktop is materially advanced with our new board composition," said Renny Senn of Holocom. "Our present and future products represent a quantum leap forward in simplifying and economizing the delivery of broadband throughout the entire commercial and real estate sector. Our new board represents a group of highly seasoned and influential real estate executives who are critical to the implementation of our strategy."

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Renny Senn