Apprion Press Release

Apprion Closes $12 Million Series B Financing

Chevron Technology Ventures and Anvil Investment Associates LP Join
Advanced Technology Ventures and Allegis Capital in Second Round of Funding

Moffett Field, California – September 25, 2007 – Apprion, developer of the ION System for industrial wireless application networks, today announced the closing of a $12 million Series B round of funding. This round is led by Anvil Investment Associates LP with participation from new strategic investor CTTV Investments LLC, the venture capital arm of Chevron Technology Ventures; and current investors Advanced Technology Ventures (ATV) and Allegis Capital. Apprion will use the financing to expand sales, marketing and product development efforts.

"This round of funding firmly validates Apprion's technology and business strategy. The new investment will support and extend the capabilities of the Apprion ION System to address growing demand for interoperable wireless applications, allowing the company to greatly expand our presence in the oil and gas, utilities, chemical and other process manufacturing markets. Having Chevron Technology Ventures as an investor is a vote of confidence for Apprion," said Stephen Lambright, CEO of Apprion. "The market momentum Apprion has gained clearly demonstrates that ION and ION-based applications are hitting the mark with process manufacturers."

"Wireless technologies are fueling a new generation of applications that will radically change the way industrial facilities are managed and operated. However, these industrial applications demand increased levels of interoperability, reliability and scalability – which are the inherent differentiators of the Apprion ION System compared to other industrial wireless offerings that are proprietary," added Blair LaCorte, Apprion Board Member. "Apprion's approach of integrating the management and security of applications from many vendors into a single common infrastructure will only serve to further accelerate that adoption."

Apprion designed the ION System to cost-effectively deploy and manage wireless-enabled applications in a unified system that is more secure, more reliable and easier to extend in the future as technologies evolve and new applications become available. By unifying and integrating applications such as video monitoring, wireless voice over IP (VoIP) communications, condition monitoring, network security, and asset tracking, Apprion's ION System enables more comprehensive solutions to meet the complex requirements of process manufacturers - including increased regulatory and compliance challenges currently facing the energy and chemical industries.

Apprion's ION System is a comprehensive industrial wireless application networking system built from the ground-up as the first truly open, scalable, and extensible foundation for managing multi-vendor wireless devices and applications. The ION System delivers improved security, management and integration capabilities to meet the challenges of the evolving process manufacturing environment.

The ION System consists of the Apprion IONosphere and IONizers. The IONosphere is an on-site controller with enhanced features and functionality to automatically bring devices, systems and applications under management, ensuring improved network performance, security, and reliability. Apprion's IONizer is the process industry's first industrial wireless networking appliance. IONizers are designed to cost-effectively integrate and secure previously disparate wireless-enabled applications, such as VoIP and condition monitoring.

About Apprion
Apprion delivers wireless application networks and services for the process manufacturing industry. These wireless application networks are based on Apprion's ION System – the first and only open, scalable, and extensible foundation for managing and integrating multi-vendor wireless devices and applications.

Whether it is the need to address safety or security concerns, reduce maintenance or material costs, or improve productivity or asset utilization, a wireless application network from Apprion will assure that any wireless application is easier to deploy and manage while delivering value faster, more efficiently. For more information, visit www.apprion.com.

Apprion and all other Apprion Inc. product or service names are trademarks of Apprion Inc. in the USA and other countries. Other brand and product names are trademarks of their respective companies. Copyright 2012 Apprion Inc. All rights reserved.