February 18, 2002 -- New Edge Networks, a national enhanced data and broadband communications service provider, announced that a federal Bankruptcy Court judge has approved the company's purchase of business customers and certain broadband access assets of AtWork, the commercial access division of bankrupt AtHome Corp., (OTCBB:ATHMQ).

Judge Thomas E. Carlson of the U. S. Bankruptcy Court for the Northern District of California in San Francisco approved the purchase, which averts a service shutdown for most AtWork customers. Under terms of the purchase agreement, New Edge Networks will assume most existing AtWork customer contracts and ownership of certain customer and network equipment necessary for continuing uninterrupted high-speed Internet access.

New Edge Networks paid $1.5 million to acquire all affected AtWork customers, related premises equipment, and network routers that are installed in 33 Internet hub locations in major cities around the country. The purchase represents about $18 million in new annual revenue for New Edge Networks.

"This transaction is a natural extension of our existing broadband business," said Dan Moffat, president and CEO of New Edge Networks. "Providing excellent business class broadband service is something we do everyday and we are proud of the high marks we consistently get from our customers in public forums. In the past year, we've become operationally efficient at migrating customers whose broadband carriers unfortunately went out of business."

"This deal involved many parties and required unusual tenacity and a will to win - traits essential to survive and prosper in today's economy and telecom downturn," Moffat said. "We are very pleased we were able to acquire these business assets and the value they represent. Now we have an opportunity to demonstrate our commitment to customer service as we immediately begin our efforts to seamlessly migrate AtWork customers onto our TransEdge service."

This purchase affects about 1,300 AtWork business customers in 26 metropolitan areas in 21 states. New Edge Networks will honor current contract terms and prices. Affected AtWork customers will not be required to place new orders or purchase new equipment. New Edge Networks expects to contact all affected customers within two weeks to confirm transfer of services.

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