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Pastimes : Makin' money honey -- Ignore unavailable to you. Want to Upgrade?

To: stock leader who wrote (1590)	1/26/2005 12:09:06 PM
From: sandintoes	Read Replies (1) \| Respond to of 2260

Why did you do that? Copper Mountain Networks Announces Planned Headcount Reductions PALO ALTO, Calif. Copper Mountain Networks, Inc. Mike Staiger, 858-410-7110 ir@coppermountain.com Copper Mountain Networks, Inc. (Nasdaq:CMTN), a provider of intelligent broadband access solutions, today announced that after an extensive evaluation of strategic alternatives, the Company has initiated actions to lay off most of its remaining employees by March 22, 2005, retaining a limited team of employees to provide customer support and handle matters related to the ongoing exploration of strategic alternatives. Management and the Board of Directors concluded that maintaining the Company's existing employee headcount was not necessary for any of the strategic alternatives currently under consideration, and the ongoing employee-related expenditures could potentially decrease total stockholder value. While the Company will continue to explore strategic alternatives, there can be no assurance that any transaction or other corporate action will result from such an exploration. Further, there can be no assurance concerning the type, form, structure, nature, results, timing or terms and conditions of any such potential action, even if such an action does result from this exploration. Copper Mountain does not intend to make any additional comments regarding such exploration unless and until developments warrant further disclosure. About Copper Mountain Networks Copper Mountain Networks, Inc. (Nasdaq:CMTN) is a provider of intelligent broadband access solutions. The company has developed a broad set of subscriber access and broadband remote access server (BRAS) equipment for ILECs, IXCs, PTTs, CLECs, IOCs, and other facilities-based carrier networks worldwide. These products enable efficient and scalable deployment of advanced voice, video, and data services while leveraging existing network infrastructures and reducing both capital and operational costs. Copper Mountain's products have been proven in some of the world's largest broadband network deployments. For more information, please visit the company's World Wide Web site at coppermountain.com. For investor relations information, contact us at 858-410-7110 or IR@coppermountain.com.