Reliance Technology Ventures Limited Invests in Stoke

11/13/2007

Strategic Investment Driven by Shared Vision for the Evolution of Fixed and Mobile Networks

For information, contact:

Rakisha Singh Reliance Technology Ventures Ltd. +91.22.30327039 or +91.22.22847000 Fax: +91.22.22847199 raksha.singh@relianceada.com

Leslie Johnson or Analisa Baker Schwartz Communications +1.415.5120770 stoke@schwartz-pr.com

SANTA CLARA, Calif. - January 7, 2008 - Stoke, Inc., a leading developer of multi-access convergence gateways for network operators, today announced it has received a strategic investment from Reliance Technology Ventures Limited (RTVL), the corporate venture capital arm of the Reliance ADA Group. RTVL is closely associated with Reliance Communications, one of the fastest growing telecommunications companies in India with fixed, CDMA, GSM and WiMAX networks that deliver services to more than 35 million users. This strategic investment underscores RTVL's view of the important role the Stoke Session Exchange (SSX) multi-access convergence gateway will play in the evolution of prominent global carrier networks.

"Stoke's solutions are groundbreaking in their ability to help communications providers evolve their networks effectively to navigate the rapidly changing telecom environment," said Harshal J. Shaw, CEO of RTVL. "Our investment decision was based on a shared vision for the future of mobile broadband communications, including WiMAX and LTE, and the tremendous global market opportunity for Stoke's products."

With nearly a third of all traffic now video, the emergence of multiple access technologies including cellular, Wi-Fi and WiMAX, and more sophisticated mobile devices, communications providers face many new networking challenges. Stoke's multi-access solutions significantly reduce this complexity, enabling operators to offer their customers the best possible mobile Internet experience, regardless of location or device.

"This investment from RTVL is a testament to the promise of Stoke in helping global operators transition to the next-generation network edge," said Vikash Varma, President and CEO, Stoke, Inc. "Reliance Communications exemplifies today's successful communications providers, combining forwarding thinking on network evolution in a global economy with the realization of outstanding results. We are very pleased to be working with Reliance."

About Reliance Technology Ventures Limited
Reliance Technology Ventures Ltd. ("RTVL") is the corporate venture arm of the Reliance Anil Dhirubhai Ambani Group in India. RTVL has advised and / or invested in deals to the tune of over $1 billion. Yatra.com, India's largest on-line travel portal, E-Band Communications Corporation, and Seedfund are some of its portfolio investments. RTVL has also led the investment into an undisclosed technology company which formed the basis of the largest venture capital transaction in India. RTVL invests in leading edge technologies, disruptive business models and technology-enabled companies around the world. For more information, visit www.rtvl.co.in.

About Stoke, Inc.
Santa Clara, CA-based Stoke develops carrier-class multi-access convergence gateways specifically engineered to help fixed, mobile and Internet-based operators realize the economic benefits and competitive advantages of network convergence. Stoke's standards-based, integrated hardware and software platform - the Stoke Session Exchange (SSX) - uniquely addresses the security, quality of service and mobility challenges associated with optimizing subscribers' multimedia sessions across fixed, mobile, Wi-Fi and WiMAX networks. Stoke has received more than $50 million in funding from leading venture capital firms Kleiner Perkins Caufield & Byers, Sequoia Capital, DAG Ventures, and RTVL among others. For more information, visit www.stoke.com.