ZyXEL to Exhibit Innovative Broadband Access Solutions at CeBIT 2003

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February 28, 2003

Hsinchu, Taiwan, February 28, 2003 -- ZyXEL Communications Co., (TAI: 2391.TW) world�s leading broadband access solutions vendor, today announced that it will showcase its latest innovation at CeBIT 2003 in Hannover from March 12-19 in Hall 15, D38.

At CeBIT 2003, ZyXEL is featuring a broad range of its new products in 4 topics of solutions, including SOHO, SMB Networking, Broadband Access and Wireless Connectivity. Discover how ZyXEL delivers complete broadband network solutions to small and medium business, carriers and service providers, visit ZyXEL stand at CeBIT 2003.

Topic 1: SOHO Networking
DSL/Cable Connectivity, SOHO WLAN, Secured Remote Access

Topic 2 : SMB Networking
Internet Security, Secured WLAN, Gigabit Ethernet & Network Management

Topic 3 : Broadband Access
Access solution for Service provider; Campus Solution for property Owner

Topic 4 : Wireless Connectivity
Wireless LAN Hot Spot & Fixed Wireless Network

For more information on these solutions and new products, visit http://www.zyxel.com/news/cebit2003.php

About ZyXEL Communications
ZyXEL Communications Co. (TAI:2391.TW), located in Hsinchu, Taiwan, is world's leading broadband access solution vendor. ZyXEL's broad line of Internet Protocol-based (IP) networking solutions including access multiplexors, customer premise equipment, Internet security and Wireless LAN, enabling high-performance network services for SOHO, small to mid-sized businesses and service providers. ZyXEL works closely with worldwide network equipment vendors, telecommunications companies, ISPs, and other major businesses. For more information, visit company's Website at http://www.zyxel.com.