Avici Systems Schedules Second Quarter Earnings Release Date and Time

N. Billerica, MA, July 15, 2002 -- Avici Systems (Nasdaq: AVCI), the specialist in reliable and scalable routing solutions for the Internet, today announced it will release financial results of its fiscal second quarter ended June 30, 2002, on July 25, 2002, and will host a conference call on July 25 at 8:30 a.m. EST, to be broadcast live over the Internet.

To participate via telephone, the dial-in number is 888-273-9890. Please call ten minutes prior to the scheduled conference call time. For live Webcasting, go to the Avici Web site at www.avici.com and access the investor relations section, clicking on either the live Webcast link or the microphone icon to listen.

The conference call will be archived on the Avici Web site. A replay will be accessible by telephone after 1:00 p.m., for approximately 48 hours afterward. To replay the call dial 800-475-6701 using the access code 644447.

About Avici Systems
Avici Systems Inc., headquartered in North Billerica, Mass., is a leading provider of purpose-built carrier-class routing solutions for the Internet. Avici’s family of routers is designed to meet carrier requirements for the highest scalability, reliability and network availability, while lowering the total cost of building and operating their networks. The company's routing systems provide new IP solutions to some of the world’s leading service providers. For more information, please visit us at www.avici.com.