PNO Path 1 Netwk Tech

SAN DIEGO, May 1 /PRNewswire-FirstCall/ -- Path 1 Network Technologies Inc. (AMEX:PNO), a leading provider of video routing products that enable the transmission of broadcast-quality video over IP networks, today announced that it will be presenting at the 8th annual AeA Micro Cap Financial Conference, an investment event for technology companies under $200 million in annual sales or market cap, on May 9, 2006. During the event, Tom Tullie, President and CEO of Path 1, and Rick Segil, Vice President of Marketing, will discuss results of the first quarter of 2006, ended March 31st, as well as current business activity and the repositioning of the company's market focus. The conference will be held May 7-9, 2006, at the Monterey Plaza Hotel in Monterey, California. Mr. Tullie and Mr. Segil are scheduled to present on Tues, May 9, at approximately 11:30 a.m. PT. For a complete schedule, or to register to attend the conference, please visit http://www.aeanet.org/microcap. Organized by AeA, the nation's largest high-tech trade association, the AeA Micro Cap Financial Conference is held each spring in Monterey, California. This unique two-day forum allows executives from more than 120 technology companies to present their technologies, strategic missions, trend analysis and investment potential to a focused group of 200+ investors. About Path 1 Network Technologies Inc. Path 1 Network Technologies Inc. is the pioneer and leading provider of video transport products that enable the conversion and distribution of real-time, broadcast-quality video over Internet Protocol (IP) through public and private networks. From the delivery of live MPEG-2, MPEG-4, and VC-1 standard definition (SD) and high definition (HD) broadcasts to video on demand (VOD), Path 1's video gateways allow broadcasters, cable, telco, satellite and mobile operators to transmit high-quality point-to-point, multipoint and multiplexed video across town or around the world. To find out more about Path 1 Network Technologies Inc. (AMEX:PNO) visit our website at http://www.path1.com/ or call 877/ONE-PATH (663-7284). SAFE HARBOR STATEMENT: This news release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future", "plan" or "planned", "will" or "should", "expected", "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements, including the risks that we may require future financing, that our products might not achieve customer or market acceptance or that they might not perform as expected, that customer trials might not lead to future sales, that our sales might fluctuate between reporting periods and other risks identified in our annual report on Form 10-K and other filings with the SEC. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements are made as of the date hereof and Path 1 undertakes no obligation to update such statements. Media Contact: Investor Contact: Alice Borda Amy Cozamanis / Lasse Glassen Sterling Communications Financial Relations Board Office: 408-395-5500 Office: 310-854-8314 DATASOURCE: Path 1 Network Technologies Inc. CONTACT: Media, Alice Borda of Sterling Communications, +1-408-395-5500, ; or Investors, Amy Cozamanis, , or Lasse Glassen, , both of Financial Relations Board, +1-310-854-8314, all for Path 1 Network Technologies Inc. Web site: http://www.path1.com/ http://www.aeanet.org/microcap

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