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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.00130+1,200.1%Nov 7 11:47 AM EST

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To: drmorgan who wrote (3194)8/6/1997 1:21:00 PM
From: Glenn D. Rudolph   of 22053
 
Microcom Cuts Prices on All Standalone Modems by 40% PR Newswire - August 06, 1997 12:12 MNPI CPQ %CPR V%PRN P%PRN Market Demand for Modems Continues to Expand NORWOOD, Mass., Aug. 6 /PRNewswire/ -- Microcom (Nasdaq: MNPI), a wholly owned subsidiary of Compaq Computer Corp. (NYSE: CPQ), today announced a significant price reduction for its family of Microcom standalone modem products. Effective immediately, standalone modem prices have been cut by an average of 40 percent in the U.S. and Canada. "We are seeing the market for modems growing at a tremendous pace as a result of the growth of the Internet, telecommuting and portable computing," said Kevin Gagnon, senior marketing manager, Microcom's Modulation Business Unit. "Microcom is well positioned to benefit from this market growth by continuing to offer a superior product for both end-users and corporations at a new lower price point." "In addition, our recent merger with Compaq Computers gives Microcom volume cost reductions in manufacturing and increased channel distribution," said Gagnon. "Both of these factors allow Microcom to lower its price while maintaining the high quality product Microcom has always delivered." MODEMWARE(TM) Microcom's modems incorporate MODEMWARE, Microcom's award winning, carrier certified modem technology. This intelligent modem and network interface technology is designed to enable robust modem connectivity. Microcom's MODEMWARE offers a 99.23% connectivity rate, providing reliable, high- performance modem products. Pricing and Distribution The street price for the Microcom standalone modems is expected to range between $60 and $250. The DeskPorte(TM) S 33.6 modem, for example, is estimated to sell between $60 and $70. The new list prices are as follows: Product Old List New List Price Cut DeskPorte FAST+ (33.6) $649 $370 43% DeskPorte FAST (33.6) $519 $350 33% DeskPorte FAST+r (33.6) $649 $370 43% DeskPorte FASTr (33.6) $452 $350 23% DeskPorte P (33.6) $308 $230 25% DeskPorte S (33.6) $276 $99 64% DeskPorte S Internal (33.6) $260 $99 62% TravelCard(TM) FAST (33.6) $599 $265 56% TravelCard P (33.6) $378 $249 34% OfficePorte(TM) Voice (33.6) $296 $150 49% DeskPorte for DIGITAL (33.6) $318 $197 38% TravelCard for DIGITAL (33.6) $388 $255 34% Microcom modems are sold worldwide through resellers, distributors and direct sales. Please call 800-822-8224 for more information on local sales outlets. About Microcom Microcom, a subsidiary of Compaq Computer Corporation, is a leading provider of central site and remote access solutions, offering a broad line of products utilizing its WAN technology and its network management and remote access software. Its products are used by original equipment manufacturers, telcos, Internet service providers, and corporations, provides fast, reliable connections to the Internet, online services, corporate intranets and networks. Microcom's focus is to be a central site market share leader providing remote access ports through the Company's own central site systems and high-speed modem technology, and through strategic OEM partnerships. Microcom can be reached on the World Wide Web at microcom.com or via our toll free number at 800-822-8224. NOTE: Microcom is a registered trademark, and MODEMWARE, DeskPorte, TravelCard and OfficePorte are trademarks of Microcom. All other trademarks are the property of their respective holders. SOURCE Microcom, Inc. CONTACT: Amy Novakoff of Microcom, 617-551-1695 or anovakoff@microcom.com
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