Pandora Networks Strengthens Management Team in Preparation for Rapid Growth

SUNNYVALE, CA--(Marketwire - June 27, 2007) - Pandora Networks (www.pandoranetworks.com), a provider of hosted unified communications services for businesses, today announced the appointment of Arthur Chang as CEO. Mr. Chang replaces Pandora Networks co-founder Walter Snell, who remains with the company as CTO.

"Artie's deep understanding of not only the business issues but also the technical ones made him the obvious choice for Pandora," said Mr. Snell. "We are all eager to benefit from his expertise as we focus on rapidly growing our customer base."

A veteran senior level executive with over 15 years experience leading tech firms through aggressive expansion phases, Mr. Chang assumes the new leadership role effectively immediately. He will oversee Pandora's growth mission to become the leading provider of hosted IP communications solutions for the SMB market.

"We are pleased to have Artie on the team as the company's new CEO," said Pandora Networks board member Andre Turenne. "Between Artie's extensive technology background and his solid leadership experience, Pandora is strongly positioned to continue its accelerating success."

Prior to his appointment as CEO, Mr. Chang served as President and CEO of Cradle Technologies. During the past two decades, Mr. Chang also served as part of the senior management teams at several Silicon Valley-based technology companies including Solopoint.com, Inc., Wyse Technology and Parallan Computer, Inc. He started his career at Bell Laboratories in Illinois. Mr. Chang holds a master's degree in electrical engineering and computer science from UC Berkeley and an executive MBA from Stanford University.

"I am excited to be part of Pandora Networks with its impressive product portfolio, tremendous growth potential, and solid financial backing," said Mr. Chang. "The company is bringing together an impressive team with an unwavering entrepreneurial spirit to create innovative products for customers."

About Pandora Networks

Pandora Networks is a leading provider of hosted unified communications services for the small and mid-sized business. The Company's Worksmart solution integrates voice and IP calling, switchboard and call-distribution services, instant messaging and conferencing, with options for advanced collaboration and call center support. Pandora's service-based, hosted on-demand delivery keeps capital investment low and aligns operating expense to business value. Worksmart services are co-branded and re-sold exclusively through service providers, distributors and resellers. The Company is privately held with headquarters in Sunnyvale, California. For more information, visit http://www.pandoranetworks.com or call +1 (408) 702-2200.

Contact Information: Contact: Stephen Baumer Pandora Networks, Inc. +1 (408) 702-2200 http://www.pandoranetworks.com