Clarent Corporation Announces New Board Members and Changes to Senior Management Team

1/9/2002 - Clarent Corporation (NASDAQ: CLRNE) announced today the addition of two new members to its board of directors, J. Mark Hattendorf, and Tom Elliot, as well as several changes to its management team that have been instituted during the past several months. The company also estimates that revenues for the year ended December 31, 2001 will be in the range of approximately $60 to $65 million, and cash and cash equivalents at December 31, 2001 will be approximately $50 million.

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