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


To: Scrapps who wrote (20469)3/22/2000 4:35:00 PM
From: DMaA  Respond to of 22053
 
Slosh....urp. Dow: -16...Nasdaq: +182...



To: Scrapps who wrote (20469)3/23/2000 10:24:00 AM
From: Moonray  Respond to of 22053
 
Zoom Telephonics Response to 3Com:

#Planning For A Broadband Future, Zoom Will Not Leave Current Customers Behind

Business/Technology Editors

BOSTON--(BUSINESS WIRE)--March 23, 2000--Responding to questions
raised by 3Com's announced departure from its dial-up modem business,
Zoom Telephonics (NASDAQ: ZOOM), maker of Zoom and Hayes brand
products, pledged a continuing commitment to the design and production
of all types of high-volume Internet access products, including both
broadband and dial-up modems.
"Zoom Telephonics has cultivated its customer base and reseller
channels for over twenty years," said Frank Manning, Zoom's President.
"We will continue to support our Zoom and Hayes brand modem customers
and will continue to develop new modem products, including dial-up
modems compliant to the anticipated V.92 standard. We believe that the
relationship that we have with our current customers and industry
partners will be a significant competitive advantage in launching new
cable modem, DSL modem, wireless LAN, and home networking solutions."

From Modems to Networking: Broadband and Beyond

Over the past several years Zoom Telephonics has pursued a
strategy that anticipated widespread deployment of broadband wide area
networking using DSL modems and cable modems. For more than a year,
the majority of Zoom's research and development expenditures have been
spent on developing broadband technologies, while continuing to
support the introduction of new dial-up modems. In addition to
developing broadband Internet access products, Zoom has developed
easily-installed and easily-managed local area networking (LAN)
technologies. Those LAN products are key to the easy distribution of
data rates provided by broadband to a rapidly increasing number of
computing devices in homes and offices. Zoom's LAN designs include
wireless networking, home phoneline networking, and Internet gateway
products.

Zoom recognizes that equipment for broadband technologies is
currently sold primarily through new data communications channels like
cable service providers and DSL service providers, and Zoom is
addressing these markets. However, Zoom believes that in the near
future broadband equipment will be sold through computer retailers,
value-added resellers, Internet Service Providers, and computer
distributors in very high volumes. In addition, the traditional
computer channels are expected to be critical for the sale of the
local area networking products expected by industry analysts to boom
with the widespread penetration of broadband service. Zoom values its
customers and channel partners, and remains committed to a broad line
of Internet access products to service their needs.
"We believe that supporting customers is good business, now and in
the future," said Manning. "While technologies may change, we believe
our customers and channels will reward our track record of ongoing
commitment."

About Zoom Telephonics

Zoom Telephonics, a communications leader since 1977, designs,
produces and markets dial-up and broadband modems, wireless LAN
products, home phoneline networking devices, and other data
communication products under the Zoom and Hayes brand names. Zoom
products are available in over 3000 of the highest volume computer
retailers in the United States and over 5000 retail outlets worldwide.
Zoom Telephonics is publicly traded on NASDAQ (NASDAQ:ZOOM).

DISCLAIMER: This press release contains forward-looking
information relating to Zoom's plans, expectations, and intentions.
Actual results may be materially different from those expectations as
a result of known and unknown risks. Zoom cautions readers not to
place undue reliance upon any such forward-looking statements, which
speak only as of the date made. Zoom expressly disclaims any
obligation to release publicly any updates or revisions to any such
statements to reflect any change in Zoom's expectations or any change
in events, conditions, or circumstance on which any such statement is
based.

For more information, please visit Zoom at zoom.com .

o~~~ O