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

To: pat mudge who wrote (2195)	7/6/2000 7:11:14 AM
From: zbyslaw owczarczyk	Respond to of 2347

Com21 Completes Acquisition of GADline Ltd. since the deal will be accounted for as a purchase(Com21 will improve its pro Forma eps ), it will be interesting to see if ML analyst will like Com21 proforma profit, that same way he liked it in the case of his baby TERN. MILPITAS, Calif.--(BUSINESS WIRE)--July 6, 2000--Com21, Inc. (Nasdaq:CMTO - news), a leading global provider of system solutions for the broadband access market, today announced the completion of its acquisition of GADline Ltd., a privately held developer of integrated end-to-end system solutions. The acquisition will be accounted for as a purchase. Under the terms of the transaction, originally announced April 18, GADline, with offices and staff in Israel, will operate as a subsidiary of Com21. GADline's continued focus will be the development of enabling technologies for telephony and high-speed data over hybrid fiber-coaxial infrastructure. 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. 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 development activities of GADline. Actual results may differ materially due to a number of factors, including Com21's ability to integrate GADline with existing business. 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® is a registered trademark of Com21, Inc., Milpitas, Calif., U.S.A. All other trademarks are the property of their respective owners. Contact: Com21, Milpitas Public Relations: Cindy Villanueva, 408/544-1349 or 888/214-5165 cindyv@com21.com Investor Relations: Judith Yoakum, 408/953-9218 judy@com21.com or Com21 International Brenda Clery, 316-2700-0202 Marketing Communications bclery@com21.com or Morgen-Walke IR Agency Ty George, 415/296-7383 tgeorge@mwa-sf.com Michelle Ochoa, 415.296.7383 (Media) mochoa@mwa-sf.com