3Com reports accelerated demand for gigabit ethernet sales. I wonder what this means for Bay GE sales.
3Com Reports Accelerated Demand for Gigabit Ethernet
Business Wire - June 29, 1998 12:52
...3Com ships 10,000 Gigabit Ethernet ports in Q2 CY98...
3Com Corporation (NASDAQ:COMS) today announced unprecedented demand for Gigabit Ethernet technology with 10,000 port shipments in Q2 CY98. Figures are based on shipments of 3Com's SuperStack(r) II and CoreBuilder(tm) switches. All 3Com(r) Gigabit Ethernet products, which comprise the industry's most complete 10/100/1000 Mbps performance migration system, are compliant with the final IEEE 802.3z (Gigabit Ethernet) standard announced today by the Gigabit Ethernet Alliance.
"This announcement is proof of the market acceptance of Gigabit Ethernet," said Robert Gohn, business line director for 3Com's Ethernet Campus Solutions. "The technology has reached the mainstream, and 3Com is pleased to be at the forefront of delivering Gigabit Ethernet solutions."
Last quarter, industry analyst firm The Dell'Oro Group forecasted 24,000 port shipments from all vendors for Q2. "Clearly, our numbers indicate that demand for Gigabit Ethernet has exceeded market analyst expectations," said Gohn.
"When designing the network for our new state-of-the-art facility, we made a strategic decision to deploy Gigabit Ethernet based on 3Com's solutions," said Kurtis Lindemann, network specialist at Ohio State University's Fisher College of Business. "Gigabit Ethernet has enabled us deploy next-generation applications, such as video streaming, while over-provisioning bandwidth for our network in order to meet future application requirements."
3Com offers the industry's most complete Gigabit Ethernet solution for medium to large enterprises, delivering maximum bandwidth, intelligent control and leading price/performance. The company has been shipping Gigabit Ethernet solutions since November 1997.
For more information on 3Com's Gigabit Ethernet solutions, please visit: 3com.com.
About 3Com
3Com Corporation enables individuals and organizations worldwide to stay more connected by communicating and sharing information and resources anytime, anywhere. As one of the world's preeminent suppliers of data, voice and video communications technology, 3Com has delivered networking solutions to nearly 200 million customers worldwide. The company provides large enterprise, small and medium enterprise, carriers and network service providers, and consumers with comprehensive, innovative information access products and system solutions for building intelligent, reliable and high performance local and wide area networks. For further information, visit 3Com's World Wide Web site at 3com.com or the press site at 3com.com.
3Com and SuperStack are registered trademarks and CoreBuilder is a trademark of 3Com Corporation.
CONTACT: 3Com Public Relations Jessica Lombardi, (978) 264-1528 jessica_lombardi@3com.com
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