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-COM21: EuroModem Consortium selects Com21 a preferred supplier of cable modem products
Presswire - August 19, 1999 13:03
M2 PRESSWIRE-19 August 1999-COM21: EuroModem Consortium selects Com21 a preferred supplier of cable modem products (C)1994-99 M2 COMMUNICATIONS LTD
MILPITAS, Calif., USA -- Com21, Inc. (NASDAQ:CMTO) was named second on the short list of recommended suppliers to provide cable modem products to the EuroModem Consortium. After evaluating 24 responses to a Request for Proposal, the EuroModem Consortium published a short list of vendors from whom it expects to purchase up to 300,000 cable modems in 2001. The consortium consists of 13 cable operators from eight countries in Europe and Scandinavia supporting EuroCableLabs' recently approved DVB EuroModem specifications.
"Many of the consortium members are already Com21 customers, so our ranking on the short list indicates their confidence in Com21," said Peter Fenner, president and CEO, Com21. "As the leading cable modem supplier with 4.8 million households passed in Europe, Com21 understands the importance of standards to our customers."
"I am pleased to see that Com21, a leading cable modem supplier, is entering the DVB/DAVIC business in Europe," said Pieter M. Sorber, chairman, ECCA-EuroModem Consortium."
The EuroModem Consortium's Request for Proposal solicited bids for products, with initial orders projected for up to 20,000 EuroModems for delivery by December 1999, and 300,000 EuroModems in 2001.
Com21 is Europe's leading provider of cable modem technology, according to Ryan Hankin Kent, Inc. (RHK), a telecom and cable analyst group. In a November 1998 report entitled "International Cable Modems: European Market Analysis, Country Profiles, and Forecast," RHK names Com21 as the leading cable modem supplier in France, Switzerland and Denmark and a strong contender in the Netherlands. The report cites Com21's product features, operator satisfaction and Com21's system integration assistance and support as reasons for Com21's market dominance in Europe.
About Com21, Inc.
Com21, Inc., is a leading global supplier of system solutions for the broadband access market.
The Company's DOCSIS and ATM-based products enable cable operators and service providers to have the abilities to deliver high-speed, cost-effective Internet and telephony applications to corporate telecommuters, small businesses, home offices and residential users. Com21 has shipped 188,000 cable modems worldwide through June 30, 1999.
This ISO 9001 certified company is headquartered in Milpitas, California, USA, and maintains domestic and international sales and support locations in the United States and Canada, Europe, Asia, and Latin America.
Safe Harbor Act Clause
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section21E of the Securities Exchange Act of 1934, and is subject to the safe harbors created by those sections. These forward-looking statements include statements related to: the ability of Com21 to develop, offer and meet the marketing and technology requirements of cable modem products based on the EuroModem specification. Actual results may differ materially due to a number of factors, including numerous technological, operational and financial challenges associated with deploying, manufacturing, marketing distributing and servicing broadband products. The matters discussed in this press release also involve risks and uncertainties concerning Com21's products and services described in Com21's filings with the Securities and Exchange Commission (SEC). In particular see the risk factors described in the Company's Form 10K for the fiscal year ended December 31, 1998, and Form 10Q for the fiscal quarter ended June 30, 1999. Com21 assumes no obligation to update the forward-looking information contained in this press release.
CONTACT: Mia Bradway, Com21, Inc. Tel: +1 408 953 9787 e-mail: mbradway@com21.com WWW: com21.com Fiona Dennis/Antonia Christie, Text 100 Public Relations Tel: +44 (0)181 242 4112 Fax: +44 (0)181 738 3122 e-mail: fiona@text100.co.uk e-mail: antoniac@text100.co.uk
*M2 COMMUNICATIONS DISCLAIMS ALL LIABILITY FOR INFORMATION PROVIDED WITHIN M2 PRESSWIRE. DATA SUPPLIED BY NAMED PARTY/PARTIES.*
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