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Technology Stocks : COM21 (CMTO) -- Ignore unavailable to you. Want to Upgrade?


To: Redfisherman who wrote (2168)6/7/2000 11:01:00 AM
From: g.w. barnard  Respond to of 2347
 
To all:
MILPITAS, CA--(BUSINESS WIRE)--June 7, 2000--Com21, Inc. (Nasdaq:CMTO), a leading supplier of system solutions for the broadband access market, today announced that it has a purchase agreement with Comcast Online Communications, Inc. The arrangement provides for an additional 50,000 Com21 DOCSIS cable modems to be deployed throughout Comcast Online's service area this year. Comcast, the third largest cable operator in the United States, already distributes Com21 DOCSIS cable modems to its customers. "Clearly, this is a major agreement for Com21," noted Com21 CEO and President Peter Fenner. "Comcast Online is a top tier multiple system operator, and we are delighted to receive an order of this magnitude, which affirms their earlier choice of Com21 cable modems." David Juliano, senior vice president and general manager for Comcast Online, agreed. "Com21 has proven to be a consistent and reputable supplier of quality cable modems. We are happy to further develop our relationship with Com21." About Com21, Inc. Com21, Inc. is a leading global supplier of system solutions for the broadband access market. The Company's DOCSIS, DVB, and ATM-based products enable cable operators and service providers to deliver high-speed, cost-effective Internet and telephony applications to corporate telecommuters, small businesses, home offices, and residential users. To date, Com21 has shipped over a half million cable modems worldwide, along with nearly one thousand headend controllers. Com21 systems offer commercial service in cable systems passing 15 million households worldwide. Com21 is an ISO 9001 registered company with over 260 employees in 13 countries. The Company's corporate headquarters is located in Milpitas, California, USA, with its European headquarters in Delft, The Netherlands. In addition, Com21 maintains a European Development Centre in Cork, Ireland, as well as sales and support offices in the United States and Canada, Europe, Asia, and Latin America. 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. This press release contains forward-looking statements related to Com21's ability to manufacture and deliver modems in the quantities indicated and Comcast's ability to deploy the modems in the numbers it orders. Actual results may differ materially due to a number of factors. The matters discussed in this press release may 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 the Company's most recent Form 10K and Form 10Q. Com21 assumes no obligation to update the forward-looking information contained in this press release. Note to Editors: Com21(R)is a registered trademark of Com21, Inc., Milpitas, California, U.S.A. All other trademarks are the property of their respective owners. --30--crd/sf* CONTACT: Com21 Public Relations Cindy Villanueva, 408/544-1349 or 888/214-5165 cindyv@com21.com or Com21 PR Agency FutureWorks Ramin Ehktiar, 408/428-0895 ext. 108 ramin@future-works.com LATIN AMERICA TodINDUSTRY KEYWORD: E-COMMERCE TELECOMMUNICATIONS COMPUTERS/ELECTRONICS HARDWARE SOFTWARE INTERNET MARKETING AGREEMENTS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com (c) 1998 Business Wire