Chantry Networks Opens U.S. Office

WALTHAM, MA (April 28, 2003)—T3 Advisors, LLC (www.t3advisors.com), a strategic real estate advisory and brokerage firm serving technology and venture capital companies announced the Chantry Networks has leased space at Regus Business Center in Newton Massachusetts. Chantry plans to rapidly expand its Boston area office and operation.

T3 Advisors President Roy Hirshland advised Chantry Networks on their executive office lease.

Regus Business Centers are represented in 240 cities in more than 50 countries. Regus is the global leader in supplying fully serviced office workspaces. Offering more than 96,000 workspaces in more than 420 prestigious locations, it is also the market leader in providing meeting rooms, training facilities and public access videoconferencing studios.

"We were looking for a small space to set up our headquarters here in the US, and T3 not only helped us with the search but recommended we look to a shared office suite solution for the first phase of our Boston area expansion. Most importantly T3 treated us like we were a 100,000 SF client." said Peter Vicars, President & CEO of Chantry Networks. "We’re proud to have worked with T3 and will continue to as they continue to commit to technology companies - large or small. We look forward to working with them again on our next move" continued Vicars.

About Chantry Networks: Chantry Networks is the creator of BeaconWorks, the world's first large-scale routed wireless LAN (WLAN) solution. Offering unprecedented scalability and availability, coupled with unique network virtualization features, BeaconWorks overcomes the obstacles inherent in traditional WLAN systems to provide enterprises and service providers with the first economical and practical solution for building seamless and pervasive wireless networks. Founded in April of 2002, Chantry Networks has offices in Boston and Toronto, and is backed by top-tier investors including Flagship Ventures, Ventures West, Venture Coaches and Primaxis Technology Ventures.

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