![]() MIL 3 Fuels Growth With Investment From Summit Partners Washington, DC, December 15, 1997 -- MIL 3, the pioneer and market leader in the rapidly-expanding network modeling and simulation software industry, and Summit Partners, a leading private investment firm, today announced that Summit Partners has invested in MIL 3 as a minority owner. "We are excited about the opportunity this partnership provides us to further accelerate MIL 3's growth," said Marc Cohen, CEO and co-founder of MIL 3. "There are a large number of significant opportunities in the networking tools marketplace that we plan to address." "We are also proud of the strong endorsement from Summit Partners that this represents," Cohen continued. "As one of the premier private investment firms in the nation, Summit has an outstanding track record, and we are pleased to join their portfolio of success stories." Bruce Evans, General Partner in Summit Partners' Technology Investment Group, said, "MIL 3 is a very exciting young software company. They have all the hallmarks of success that we look for: highly advanced technology; substantial market share; a rapidly expanding marketplace; strong financial performance; and a top-flight management team. There aren't many companies like this one." "We're pleased to have the benefit of Summit Partners' expertise as we prepare for an upcoming public offering," said Cohen. Summit Partners has played a key role in over 40 initial public offerings in the past three years. MIL 3's flagship product line is the OPNET family of products, sophisticated tools used by networking professionals for a wide range of applications from front-end sales and network planning, to design and implementation of networking equipment. OPNET users can see how their networks will perform, before committing to a network design or deploying new applications or components - saving them time and money, and alerting them to the unexpected. MIL 3 is a rapidly growing developer of advanced software tools for communications network planning and design. Based in Washington, D.C., MIL 3 has been the world leader in providing state-of-the-art products for modeling and simulating communications networks since 1986. With its OPNET family of products, MIL 3 has provided more than 1,000 organizations of all sizes around the world with sophisticated tools to quickly and efficiently design or improve communications networks or components. Founded in 1984, Summit Partners is one of the largest venture capital firms in the United States, with nearly $2 billion in capital under management. The firm focuses on private, later-stage companies with significant growth potential, where management has successfully guided the company beyond the development stage. Summit also has extensive experience in large recapitalizations and management-led buyouts of divisions of public companies. Since its inception, the firm has made 175 investments, principally in software, communications, information technology and services, health care services and financial services companies. Notable Summit investments include Active Voice Corporation, CIDCO, Diamond Multimedia Systems, DSET Corporation, E-Tek Dynamics, HMT Technology, Hyperion Software, Intelliquest, McAfee Associates, Netcom Systems, Omtool, Powerwave, Simulation Sciences, Splash Technology and Xylan. Summit has offices in Boston, MA and Palo Alto, CA and can be reached on the internet at www.summitpartners.com. ### Note to editors: The word OPNET is spelled with all upper-case letters.
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