To: $Mogul who wrote (613 ) 1/2/2001 4:24:38 PM From: $Mogul Read Replies (2) | Respond to of 675 Message 14845136 Look what came to fruitation today.. Congrats all. :) Revenue Will Be Lower Than Prior Expectations DALLAS, Jan. 2 /PRNewswire/ -- Efficient Networks, Inc. (Nasdaq: EFNT), a leading worldwide provider of digital subscriber line (DSL) customer premises equipment (CPE) for the broadband access market, today announced that it expects revenue for the second quarter of fiscal 2001 to be in the range of $100 million to $102 million. Revenue for the second quarter is expected to represent an increase of more than 280% from the $26.4 million recorded in the period one year ago. Efficient Networks attributed the revenue shortfall in the second quarter to two key customers not placing anticipated orders during the quarter. "We were disappointed late in the quarter that two major customers did not place significant orders with us as we had anticipated. We continue to work with these customers for their future CPE requirements. While we are dissatisfied with this aspect of our results, we are very pleased with the revenue growth from other customers. Excluding revenue from these two major customers, revenue from other customers grew more than 25% sequentially," said Mark Floyd, chairman of Efficient Networks. "The company is very well financed and we remain confident about the long-term prospects of the broadband access industry," he said. The company will be providing additional information and guidance on its regularly scheduled earnings conference call on January 18, 2001 in accordance with its normal practice. About Efficient Networks Efficient Networks, Inc., is a leading provider of broadband access products that employ digital subscriber line (DSL) technology. The company's voice and data access solutions enable high-performance network services for small to mid-sized businesses and consumers. As part of its complete broadband solution, Efficient also provides network management systems that extend from the core of carriers' networks to the subscribers' desktops. Efficient works closely with network equipment vendors, incumbent and competitive carriers, and Internet service providers around the world. The company's goal is to accelerate the adoption of broadband networks and services. Efficient Networks is based in Dallas, Texas, with sales and support offices worldwide. For more information, visit our web site at www.efficient.com or contact us at +1 (972) 852-1000. SOURCE Efficient Networks, Inc. -0- 01/02/2001 /CONTACT: Kitty Behof, Investor Relations, or Scott Bender, Media Relations, both of Efficient Networks, Inc., 972-852-1000/ /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 118244/ /Web site: efficient.com / (EFNT) CO: Efficient Networks, Inc. ST: Texas IN: TLS SU: ERP *** end of story **