ISDN market continues to outperform DSL in Europe: Eicon Consolidates Lead in Nine European Countries, According to Dataquest Figures
MONTREAL, CANADA--OCTOBER 3, 2000 - 09:00 EDT The ISDN market in Europe continues to grow and Eicon Technology Corporation, a leading provider of remote access products, holds a dominant market position in nine European countries, according to recently released research from Dataquest, an independent market analyst firm. Eicon has benefited from this growth and is the sales leader in Belgium, Denmark, Finland, Russia, France, Norway, Poland, Sweden and the Netherlands, based on end-user revenue for Total Basic Rate Equipment.
Ken Gingrich, Senior Vice President, Worldwide Sales and Marketing Operations says Eicon's overall market share in the region has risen to 16.7%, and is expected to increase further. "We foresee continued growth in ISDN for the next two years, particularly in the telco market, and don't expect to see DSL really taking off in Europe until 2002. These new figures from Dataquest confirm our optimism."
Hans Mastenbroek, Eicon's European Marketing Director adds, "Last year the ISDN market was healthiest at the ultra-competitive low-end, particularly with internal BRI cards. Yet, our channel partners reported huge success with high-end, high-margin products." He continues, "Clearly, users are happy to invest in ISDN. With ISDN making greater inroads into the consumer space, it is still a great place to be. Nonetheless, with the DIVA ADSL USB and DIVA 2430 and 2440 ADSL routers about to launch, Eicon is well positioned to continue to enhance its reputation in ISDN, while entering into the DSL market."
Dataquest's research suggests that total revenue for ISDN products in Europe will rise from US$787 million in 1999 to US$1.156 billion in 2002, representing an increase in the number of units sold from 5.7 million to 8.9 million. Dataquest also believes the primary growth area will be in PC cards, which will be fueled by continued growth in the Internet and remote access markets.
Eicon Technology Corporation
Eicon Technology Corporation is a worldwide provider of Internet access products. The Company develops, markets and supports hardware and software products for connecting PCs and network servers to the Internet and corporate networks and supplies media gateways for voice over IP and unified messaging. Eicon's products are sold in more than 80 countries through a network of channel partners, telecommunications companies and Original Equipment Manufacturers. Eicon shares are traded on the Toronto Stock Exchange under the symbol "EIC". Information about Eicon and its products is available at eicon.com.
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