THE COMPANY
Com21, Inc. designs, develops, markets and sells value-added, high-speed communications solutions for the broadband access market. The Company's ComUNITY Access system enables cable operators to provide high-speed, cost-effective Internet access to corporate telecommuter, small office/home office ("SOHO") and residential users in the U.S. and internationally, and enables them to address the distinct price, performance, security and other needs of these different end-user groups.
Com21's products include headend equipment, subscriber cable modems, network management software and noise containment technologies. Cable
operators can use the Company's ComUNITY Access system to increase revenue opportunities by offering up to 16 different operator-defined transmission rates at varying price points to multiple markets.
The Company's system is designed to be deployed on a limited capital budget and can be upgraded and scaled as subscriber penetration grows. The Company's system enables cable operators to lower their ongoing cost of ownership through cost-effective noise management and remote cable modem upgrades. The ComUNITY Access system also supports future
features and service offerings, such as desktop video conferencing and cable telephony applications.
The Company is developing an MCNS-compliant modem for the North American cable market intended primarily to address the basic
requirements of the residential end-user base, which typically tolerates lower performance and security than the business user.
The Company is working with Cisco to develop interoperable MCNS-compliant products that are expected to be commercially available in the second half of 1998. In 1997, the Company shipped approximately 170 ComCONTROLLER headends and more than 12,000 ComPORT modems for
use in 61 locations worldwide.
In the North American market, the Company sells directly to cable operators and has sold systems to major operators such as
Charter Communications, Prime Cable and TCI. Internationally, the Company sells to systems integrators, including Philips and Siemens, which in turn sell to cable operators.
The Company was incorporated in Delaware on June 19, 1992. The Company's principal executive offices are located at 750 Tasman Drive, Milpitas,California 95035, and its telephone number at that address is (408) 953-9100.
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