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Technology Stocks : COM21 (CMTO)

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To: Mark Laubach who wrote (1963)3/17/2000 9:47:00 PM
From: zbyslaw owczarczyk  Read Replies (3) of 2347
 
Com21 Korean customer(Korea Thrunet) news!!!
Com21 got recently contract for immediate 18k of modems with
500k target by the end of 2000.
The news was issued about 4pm today.

Korea Thrunet Reaches the Milestone of 200,000 Paying
Subscribers


SEOUL, South Korea and NEW YORK, March 17 /PRNewswire/ -- Korea Thrunet Co., Ltd. (Nasdaq: KOREA - news) has confirmed that as
of March 13th, 2000 it has officially reached the milestone of 200,000 paying subscribers far in advance of its original plans made at the time of
the Nasdaq listing in November of last year. This represents a growth in subscribers in excess of 1,600% since the beginning of 1999, and
re-affirms the Company's leadership position in an expanding marketplace.

The monthly average in new subscribers during the first two months of the 1st quarter 2000 was 29,212, far larger than the average of 14,682
recorded during the 4th quarter 1999. Despite the new entrants in the Korean broadband Internet access market, the Company is confident of its
continued growth in subscriber base. Korea Thrunet currently has a backlog in excess of 150,000 registered applications for its new service.
biz.yahoo.com
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