FREMONT, CA--(MARKET WIRE)--May 22, 2008 -- Telecommunications equipment maker Network Equipment Technologies, Inc. (NYSE:NWK - News) announced today that C. Nicholas Keating, Jr., president and CEO, and John McGrath, CFO, will be presenting at the Cowen and Company 20/20 TMT Conference on Wednesday, May 28 at the Palace Hotel in New York City at 4:05 p.m. ET. The presentation will highlight NET's traction in the multi-service access, broadband and VoIP equipment markets.

A link to the live webcast will be available at http://ir.net.com under "Upcoming Events." The presentation will be archived and available under the "Webcast Archives" section of the website until at least midnight on August 28, 2008.

About Network Equipment Technologies, Inc.

For nearly a quarter of a century, Network Equipment Technologies, Inc. (NET) has provided voice and data communications equipment for multi-service networks requiring high degrees of versatility, interoperability, security and performance. NET's broad family of products are purpose-built for mixed-service, multi-protocol networks; bandwidth-sensitive site communications; high performance, security-sensitive transmissions; and converged communications. The company's NX Series for network exchange solutions and VX Series for voice exchange solutions enable interoperability and integration with existing networks for seamless migration to secure IP-based voice and data communications. In addition, Quintum, a subsidiary of NET, delivers VoIP access solutions that bring the reliability and voice clarity of public telephone networks to Internet telephony.

Visit www.net.com for more information.

     Company Contact:
     Network Equipment Technologies, Inc.
     Leigh Salvo
     (510) 647-8870
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