To: Bryce Elkins who wrote (730 ) 1/31/2000 5:57:00 PM From: KAF Respond to of 1045
May not have to wait too long for triple figures: Scientific-Atlanta, Inc. (NYSE: SFA), today announced it has received orders valued at approximately $90 million from Adelphia Cable for several key initiatives to support the rapid growth of Adelphia's interactive digital network during calendar year 2000. Over the course of the year, Scientific-Atlanta will supply Adelphia with a minimum of 300,000 Explorer(R) 2000 digital set-tops to deliver interactive services to consumer homes. "We are being aggressive in deploying digital services because we have seen the positive reaction of our customers and it's clear they are interested in receiving a richer array of cable services. Scientific-Atlanta's Explorer set-tops and digital interactive network are making a wide variety of interactive services possible, and Scientific-Atlanta is supporting our business plan to rapidly roll out these services to new markets," said Michael Rigas, Adelphia's executive vice president of operations. "Scientific-Atlanta's technology and the expertise of its service team give us plenty of latitude to layer additional new services onto our network as the market expands." "The industry is watching as Adelphia becomes one of the first cable operators to deliver the benefits of a truly interactive digital system to its customers," said Jim McDonald, Scientific- Atlanta's president and CEO. "These new initiatives based on our Explorer set-tops are further validations of the joint success Adelphia and Scientific-Atlanta have had in working together." To date, Adelphia has already deployed Scientific-Atlanta's Explorer(R) 2000 set-tops and digital interactive networks in eight of its cable systems and is now able to offer digital interactive services to more than one million subscribers. With the new initiatives announced today, Adelphia is expected to expand its digital service reach to 3.5 million subscribers in calendar year 2000. Scientific-Atlanta, Inc. (http://www.scientificatlanta.com) is a leading supplier of broadband communications systems, satellite- based video, voice and data communications networks, and worldwide customer service and support. "Forward-looking statements," as defined in the Private Securities Litigation Reform Act of 1995, may be included in this news release. A variety of factors could cause Scientific-Atlanta's actual results to differ from the anticipated results expressed in such forward-looking statements. Investors are referred to Scientific-Atlanta's Cautionary Statements (Exhibit 99 to the Company's most recent Form 10-Q), which statements are incorporated into this news release by reference. Explorer is a registered trademark of Scientific-Atlanta, Inc.