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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: Amir Desai who started this subject5/22/2001 1:43:07 PM
From: mr.mark   of 45548
 
Media Statement: 3Com Captures Ethernet Switching Market Share From Cisco

Business Wire - Tuesday, May 22, 2001

REDWOOD CITY, Calif.--(BUSINESS WIRE)--May 22, 2001--Research firm The Dell'Oro Group, Redwood City, Calif., reports that 3Com Corporation, Santa Clara, Calif.,(Nasdaq: COMS) has earned the highest growth rate worldwide in Gigabit switched Ethernet shipments at 131% quarter-to-quarter in the firm's Q12001 Ethernet Switch Report. This growth enabled 3Com to increase its market share to 19.2% while Cisco and other vendors' market share declined. Also, Dell'Oro reports that 3Com's market share in 10/100 Mbps unmanaged switched Ethernet grew to 20.2%. The firm ranks 3Com #2 in these key market categories, confirming the company is on track to achieve its goal to earn leadership in the Gigabit Switched Ethernet market while continuing leadership in 10/100 switched Ethernet.

Karen Oddey, vice president, marketing and business strategy, 3Com Business Networks Company, says, "3Com's long-standing strength is in using our engineering and ASIC expertise to take the complexity out of new technologies to dramatically simplify the user experience and change the price/performance equation for our customers. Dell'Oro's Q12001 report findings underscores the market's reception to 3Com's simple, feature-rich and affordable connectivity solutions. And, in collaboration with our worldwide channel partners, we deliver more value so the worldwide business market can benefit from fast-performing switched Ethernet."

Gigabit Ethernet switches, such as the 3Com(R) Switch 4900, increase the available bandwidth on the network by tenfold and can reduce network traffic bottlenecks. Businesses can realize an immediate improvement in performance. The increase in bandwidth allows the ideal aggregation solution for the huge installed base of Fast Ethernet technologies at the business network edge.

SuperStack(R) 3 Baseline family of unmanaged 10/100 Mbps switches are proven to be an ideal choice where cost effectiveness, ease of use, and peace-of-mind are required. These qualities are of particular importance is today's budget sensitive, staff constrained business environment.
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