Meshcom Technologies in Agreement with Nordic Growth to Finance Future Growth and Market Entry

Helsinki, Finland – November 28, 2008 - Meshcom Technologies, leading provider of high-performance wireless mesh-enabling software, today announced that Nordic Growth, an active minority investor in Nordic companies seeking above-average growth, has invested in Meshcom to facilitate future growth and expand the already impressive global presence.

Erkki Hietalahti from Nordic Growth comments: “Meshcom is at the forefront of technical development in facilitating real world applications for mesh networking, such as triple play services, and we are happy to support their expansion in this high growth market segment.”

Miska Kaipiainen, CEO & Founder of Meshcom explains: “We are excited about the market situation today since we can offer proven solution for mesh networking that fulfill its expectations – it just works and enable instant cost savings. Being backed up by Nordic Growth gives us opportunity to expand our product portfolio and address the global demand by spreading our products and technology to global markets”.

About Meshcom Technologies

Meshcom Technologies, Inc. is a leading provider of wireless mesh-enabling software for network device and handset vendors, OEMs, systems integrators and service providers. Meshcom’s products and enabling technology offer high-performance mesh networking with new levels of mobility, reliability, security in wireless broadband connectivity. Meshcom has offices in Helsinki, Finland and Hong Kong, China. www.meshcom.com

About Nordic Growth

As a venture capital and private equity firm, Nordic Growth undertakes investments in outstanding Nordic companies seeking above-market growth supported by a technology based competitive advantage or business model. Through operative and board-level experience from private and listed companies, the investment professionals have an expertise and functional experience including strategy evaluation, formation and implementation, corporate management, sales, marketing and product management. The team, operating from offices in Copenhagen, Helsinki and Stockholm as one pan-Nordic team, has an impressive record in financial structuring, valuations, and sell and buy-side mergers and acquisitions. www.nordicgrowth.com

For further information, please contact:

Erkki Hietalahti
Investment manager & Partner, Nordic Growth
Tel. +358 9 4241 4450

Miska Kaipiainen
CEO & Founder, Meshcom Technologies
Tel. +358 9 3231013