LOS GATOS, Calif., Oct. 16, 2007 - Firetide Inc., a leading developer of wireless mesh networks, today announced that it has secured $14.4 million in Series D financing. The funding round includes existing investors plus the addition of Coral Capital Management, the lead investor in the round. Firetide will utilize the funds to further its global business strategy and to respond to growing market demand for its real-time video surveillance and mobile infrastructure solutions.

"The availability of robust, high-bandwidth infrastructure is a strategic enabler for large-scale public safety, municipal and industrial deployments, and Firetide is well positioned in these markets," said Todd Ortberg, managing director at Coral Capital Management, who joined the Firetide board of directors. "Firetide stands apart from its competitors with its proven technology, strong management team and an impressive deployment and client roster including, most recently, IBM and the city of Chicago Office of Emergency Management and Communications."

Firetide wireless mesh infrastructure and access products have been deployed by scores of municipalities, law enforcement agencies, hospitality businesses, and industrial and commercial enterprises, as well as a growing number of wireless network service providers. Most recently, public safety and homeland security initiatives to keep citizens safe have experienced explosive growth, driving Firetide wireless mesh deployments throughout the world for video surveillance, first-responder communications and mobile information access.

"Firetide's growing success clearly validates our business strategy and our technology leadership," said Bo Larsson, chief executive office of Firetide. "This latest round of financing will ensure that Firetide is well positioned to capitalize on the market opportunities, both in the U.S. and internationally. We are excited to welcome Coral as a new investor."

About Firetide

Firetide is the leading provider of mesh networks that enable concurrent video, voice, and data for municipal, public safety, and enterprise applications. Firetide HotPort mesh nodes, HotPoint access points, and HotView network management platform provide a reliable, high performance wireless infrastructure and access solution for video surveillance, Internet access, public safety networks, and temporary networks wherever rapid deployment, mobility, and ease of installation are required. Headquartered in Los Gatos, Calif., Firetide is a privately held company with worldwide product distribution. www.firetide.com.

About Coral Capital Management

Coral Capital Management is headquartered in Minneapolis with a presence in Silicon Valley, Denver, and Atlanta. The firm invests in companies throughout the United States and in select locations internationally. Investments are focused on technology driven companies with substantial intrinsic momentum led by strong management teams, with early demand indicators such as accelerating revenues, increasing product or service utilization, and a growing customer base.

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