Network Equipment Technologies to Present at Needham Broadband TechDay

FREMONT, CA -- (Marketwire) -- 11/05/09 -- Telecommunications equipment maker Network Equipment Technologies, Inc. ("NET") (NASDAQ: NWK) announced today that C. Nicholas Keating, Jr., CEO, and John McGrath, CFO, will present at the Second Annual Needham Broadband TechDay on November 12, 2009 at 8:00 a.m. ET. This event will be held in New York City.

More information about the conference can be found at: www.needhamco.com/

A link to the live webcast with accompanying slides will be available on the Investor Relations homepage of the NET's website. The event also will be archived and available until midnight on February 12, 2010.

About Network Equipment Technologies, Inc.

Network Equipment Technologies, Inc. (NET) provides network and VoIP solutions to enterprises and government agencies that seek to reduce the cost to deploy next generation unified and secure communications applications. For a quarter of a century, NET has delivered solutions for multi-service networks requiring high degrees of versatility, security and performance. Today, the company's broad family of products enables interoperability and integration with existing networks for migration to secure IP-based communications. Broadening NET's voice solutions, Quintum Technologies, now a part of NET, is a VoIP innovator whose applications bring the reliability and clarity of public telephone networks to Internet telephony and unified communications. NET is headquartered in Fremont, CA and has 14 offices worldwide including the US, the UK, France, the Middle East, China, Japan, Australia, and Latin America. The company sells its solutions through a direct sales force and an international network of resellers and distributors. For more information, visit www.net.com.

About Needham & Company, LLC

Needham & Company, LLC, a wholly owned subsidiary of The Needham Group, Inc., is a privately held, full-service investment bank with the mission of helping emerging growth companies achieve their potential. The firm is headquartered in New York City with offices in Boston, Menlo Park and San Francisco. In addition to investment banking, Needham's principal activities include institutional sales and trading and asset management. To serve its institutional clients, Needham & Company, LLC produces comprehensive equity research on more than 350 companies in clean technology, communications, consumer, hardware & storage, healthcare, industrial & diversified growth, semiconductors & semiconductor equipment and software. Needham & Company, LLC is a member of FINRA/SIPC. For more information, please see www.needhamco.com.