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Company Digest
April 26, 1999 08:35
Mountain Cablevision Selects Com21 DOCSIS Cable Modems; Com21 Cable Modems Capture Canadian Deployment
MILPITAS, Calif.--(BUSINESS WIRE)--April 26, 1999--Com21, Inc., (Nasdaq:CMTO), a leading supplier of communications solutions for the broadband access market, announced today that Canadian-based cable operator Mountain Cablevision Ltd. has selected Com21's new DOXport(TM) DOCSIS-compliant cable modems for an initial deployment in the city of Hamilton, Ontario, west of Toronto.
Mountain Cablevision offers cable services to more than 46,000 homes.
"We are pleased to announce the commencement of our relationship with Mountain Cablevision, an early adopter of DOCSIS technology in Canada," said Pete Fenner, president and chief executive officer at Com21, Inc.
"Mountain Cablevision is one of the first Multiple System Operators (MSOs) in North America to select Com21 DOCSIS technology. We are currently being evaluated by a number of other MSOs, and expect that our advanced DOCSIS products will be a strong factor of our success this year," added Fenner.
Bruce Marshall, technical director at Mountain Cablevision Ltd. said, "We chose Com21's DOCSIS-based cable modems for this initial deployment based on their leading-edge technology in the delivery of high-speed data to the business and home. As an industry leader, we're confident that Com21 will be able to deliver quality products on time and to meet our needs."
Com21 is the third largest supplier of cable modem technology worldwide with 126,000 modems shipped through 3/31/99, based on independent market research studies conducted by GartnerGroup's Dataquest (1H'98), The Dell'Oro Group, and Cahner's In-Stat Research Group. To date, Com21 ComPORT(R) cable modems are commercially deployed worldwide with over 9.8 million households passed.
About DOXport(TM) Cable Modems
The DOXport(TM) Series 1000 cable modems are DOCSIS-compliant and are available now. With the custom Packet Accelerator Chip(TM), Com21 modems provide significant speed and performance advantages over other DOCSIS cable modems. In benchmark results announced in December 1998, Com21 demonstrated "wire speed" DOXport throughput of 14,880 packets per second.
About Mountain Cablevision Ltd.
Mountain Cablevision with headquarters in Hamilton, Ontario is one of the pioneering cable operators in Canada. The company currently serves the Mount Hamilton area, as well as several towns to the south of Hamilton. For more information, visit their website at www.mountain.wave.ca
About Com21, Inc.
Com21, Inc. is a leading global provider of broadband access solutions for delivering high-speed Internet access. The company's products enable cable operators and service providers with the abilities to provide high-speed, cost-effective Internet access to corporate telecommuters, small businesses, home offices and residential users.
Com21 is ranked as the No. 1 cable modem supplier in Europe based on a 1998 survey conducted by California-based market research firm RHK (Ryan Hankin Kent), and ranked No. 3 worldwide for 1H98, according to GartnerGroup's Dataquest.
Founded in 1992, its stock is publicly traded on Nasdaq under the symbol CMTO. The ISO 9001 certified company is headquartered in Milpitas and maintains international sales and support locations in Canada, Germany, Asia, Latin America and The Netherlands. For more information, visit the Com21 web site at www.com21.com.
Safe Harbor Act Clause
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section21E of the Securities Exchange Act of 1934, and is subject to the safe harbors created by those sections. The matters discussed in this press release also involve risks and uncertainties concerning Com21's products and services described in Com21's filings with the Securities and Exchange Commission (SEC). In particular see the risk factors described in Com21's Prospectus dated pursuant to Rule 424(b) of the Securities Act of 1933 dated February 23, 1999, and the company's Form 10K for the fiscal year ended Dec. 31, 1998. Com21 assumes no obligation to update the forward-looking information contained in this press release.
Note to Editors: Com21, Inc. (R), DOXport(TM), ComPORT(R), Packet Accelerator Chip(TM) are registered trademarks or trademarks of Com21, Inc., Milpitas.
CONTACT: Com21 Public Relations, Milpitas
Mia Bradway, 408/953-9787
mbradway@com21.com
or
Mountain Cablevision Ltd.
Bruce Marshall, 905/389-0174
bmarshall@mountain.wave.ca
or
Text 100 Public Relations (Europe)
Stephen Briddle/Antonia Chrsitie, +44 181 242 4204/4245
stephenb@text100.co.uk
antoniac@text100.co.uk
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