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Technology Stocks : Osicom(FIBR)

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To: john carr who wrote (842)4/22/1997 9:41:00 AM
From: Robert Gordon   of 10479
 
Osicom introduces hubs providing connectivity solutions for evolving network demands

BusinessWire, Tuesday, April 22, 1997 at 08:25

SANTA MONICA, Calif.--(BUSINESS WIRE)--April 22, 1997--Osicom
Technologies, Inc. (NASDAQ:FIBR), a leading global provider of LAN,
WAN and broadband networking solutions, today announced the
introduction of several new high-performance, affordable 100Base-T
Fast Ethernet hubs. Osicom offers these products as two separate
lines, the OS-6000 and OS-6300, to satisfy consumer demand for faster
networking in the small, and large or expanding office market
segments.
According to IDC, growth in the Fast Ethernet market is living up
to its promise. Fast Ethernet hub port shipments increased over 450%
in 1996, and 1997 should prove to be a healthy year for 100base-T
hubs. The factors driving demand for this solution are heavy file
transfers, power users that require a boost to 100 Mbps, and
applications for which a dedicated 10 Mbps segment is not sufficient.
"As our customers deploy Fast Ethernet, we now have the product
solution ready for whatever environment they need. From the smallest
cluster to the largest department, Osicom can support the drive for
increased bandwidth and network size," said Ron Mackey, president of
Osicom's Hub and Switch Division.
The OS-6000 line, comprised of the OS-6008 and OS-6012 models, is
designed as a cost-conscious small office or workgroup solution.
These non-stackable hubs offer a flexible connectivity solution as
they can be cascaded together to accommodate a larger workgroup.
Linking two OS-6008 hubs permits a network of up to fourteen users,
while two OS-6012's can support up to twenty-two users. Available
now for volume shipments, the OS-6008 lists for $900 and the OS-6012
lists for $1,425.
The OS-6300 line consists of the OS-6304, OS-6308 and OS-6312
models, all designed to satisfy network connectivity demands of large
or expanding office environments.
The OS-6300 line allows for the expansion of user connections
without requiring an investment in a large chassis. The OS-6308 and
OS-6312 hubs support stacks up to six units high and can network a
total of 142 users on the same Fast Ethernet segment. A key feature
shared by all OS-6300 models is extensive diagnostic LEDs, including
network utilization monitors for examining network performance.
Also, the OS-6312 model supports an optional fiber port providing
connectivity to 100Base-F backbones. Pricing for the four-port
OS-6304 is $450, the eight-port OS-6308 is $1,150, and the
twelve-port OS-6312 is $1,675. All models are available now in
volume shipments.
"Our new family of hub products provide a solution for every
stage of our customer's evolving network demands," continued Ron
Mackey. "As people migrate from Ethernet and FDDI to Fast Ethernet
and, in the near future Gigabit Ethernet, Osicom is providing hub and
switch solutions for each step."
Osicom Technologies is Santa Monica, California based company
engaged in design, manufacture and marketing of transmission,
networking, remote access, and connectivity products for use in local
area networks, wide area networks, and broadband global networks.
The company is one of the leading suppliers of networking products to
provide a seamless infrastructure linking geographically dispersed
networks and to provide integrated solutions for remote access
products, hubs and switches, routers, concentrators, high performance
network adapters, network print servers, frame relay encryption
devices, video switches ands routers and a family of products to
build broadcast systems over copper, fiber optic, or wireless
transmission media.
Additional information about Osicom's products and services,
financial data, and other information can be found at the company's
web site at osicom.com .

Except for the historical information contained herein, the
matters discussed in this news release are forward looking statements
that involve risks and uncertainties. The forward looking statements
in this release are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Actual results
may differ materially due to a variety of factors, including without
limitation the company's ability to develop, produce, and market
products that incorporate new technology on a timely basis, that are
priced competitively and achieve significant market acceptance;
higher expenses associated with the development and marketing of new
products; changes in product mix; risks of dependence on third party
component suppliers; inventory risks due to shifts in market demand;
the presence of competitors with broader product lines and greater
financial resources; intellectual property rights and litigation;
needs for liquidity; and the other risks detailed from time to time
in the company's reports filed with the Securities and Exchange
Commission.
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