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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (19275)	8/20/1999 1:45:00 PM
From: Scrapps	Respond to of 22053

Friday August 20, 1:00 pm Eastern Time Company Press Release Xircom Blocked in Attempt to Obtain License for 3Com's XJACK Connector Xircom endorses industry leading XJACK connector with $4 million bid SANTA CLARA, Calif.--(BUSINESS WIRE)--Aug. 20, 1999--The Delaware bankruptcy court presiding over the bankruptcy of Hayes Corporation ruled that a patent license granted to Hayes by 3Com's predecessor, Megahertz, for rights to practice 3Com's patented XJACK® technology is not assumable, assignable or otherwise transferable to Xircom. Xircom, a competitor of 3Com, bid $4 million for the license to use 3Com's XJACK technology and related assets. Xircom's bid for the XJACK pop-out connector license was the largest single bid in the Hayes bankruptcy auction, which resulted in slightly more than $11 million in total asset bids. ''The Xircom bid was a ringing endorsement of the XJACK connector's superior dependability and popularity in the marketplace,'' said Tom Werner, Vice President and General Manager of 3Com's Business Connectivity Group, which markets PC Cards using XJACK technology under the 3Com® Megahertz® brand name. ''Xircom's attempted grab for the XJACK connector is a clear sign that they recognize the shortcomings in their own connector strategy which does not adequately address slim notebooks, handheld PCs and Internet appliances with one PC Card slot. The XJACK connector also allows the user to maintain a free slot in traditional notebooks for additional PC Card types such as storage, home networking and wireless networking products.'' The XJACK connector is a patented 3Com design that has become the industry standard for the PC Card modem and Ethernet options used in most notebook PCs. It eliminates the need to carry extra connecting cables, or ''dongles'' as they are known in the PC industry. Built with the same high-strength industrial plastic used in fighter plane cockpit covers, the connector works much like a ball point pen by clicking in or clicking out of the side of the notebook to a reveal a sturdy RJ-11 phone or RJ-45 Ethernet connector. Over six million 3Com Megahertz PC Cards have shipped with XJACK connectors since 1993. 3Com is the leading global provider of mobile information access products with 46% LAN-only PC Card and 44% modem-only PC Card market shares worldwide (Cahners/In-Stat Q1 1999). About 3Com Corporation With nearly 300 million customers worldwide, 3Com Corporation connects more people to information in more ways than any other networking company. 3Com delivers innovative information access products and network system solutions to large, medium and small enterprises; carriers and network service providers; PC OEMs; and consumers. 3Com More connected. For further information, visit 3Coms World Wide Web site at www.3com.com or the press site at www.3com.com/pressbox. Note: 3Com, Megahertz and XJACK are registered trademarks and More connected is a trademark of 3Com Corporation.