Com21 Responds to CableLabs Announcement
THEY SCREWED UP AGAIN!!!!!!!!!!!!!!
MILPITAS, Calif.--(BUSINESS WIRE)--Sept. 2, 1999--Com21, Inc. (NASDAQ:CMTO), a leading global supplier of system solutions for the broadband access market, today announced that it has not received CableLabs(R) certification in results announced by CableLabs(R) today. The Company did not pass certain software related tests. The Company will submit their cable modem for the next round of testing scheduled for announcement at the end of November or early December, 1999.
Previously, the Company announced that Excite@Home had granted Level 2 approval for its DOCSIS-compliant DOXport(TM) 1010 cable modem. The approval allows Com21 to begin large-scale field deployment among Excite@Home affiliates with the Company's DOCSIS-compliant cable modem solution. In addition, on April 29, 1999, the Company announced that its new DOXport DOCSIS cable modem had successfully passed interoperability testing with the Cisco Systems' Universal Broadband Router (uBR). About Com21, Inc.
Com21, Inc., is a leading global provider of system solutions for the broadband access market. The Company's DOCSIS and ATM-based products enable cable operators and service providers with the abilities to deliver high-speed, cost-effective Internet and telephony applications to corporate telecommuters, small businesses, home offices and residential users.
Founded in 1992, Com21 stock is publicly traded on NASDAQ under the symbol CMTO. The 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's DOXport(TM) cable modems to pass certification requirements of CableLabs(R). 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 quarter ended June 31, 1999. Com21 assumes no obligation to update the forward-looking information contained in this press release.
Com21, Inc.(R), DOXport(TM) are registered trademarks or trademarks of Com21, Inc., Milpitas, California, U.S.A. All other trademarks are the property of their respective owners.
CONTACT: Com21 Investor Relations
David Robertson, 408/953-9218 (CFO)
Judy Yoakum, 408/953-9218
judy@com21.com
or
Morgen-Walke Associates
Erica Abrams/Alicia Nieva-Woodgate, 415/296-7383
eabrams@mwa-sf.com
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