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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: blankmind who wrote (33192)	2/4/1998 1:06:00 AM
From: Gary Korn	Respond to of 61433

BW0080 FEB 03,1998 6:27 PACIFIC 09:27 EASTERN ( BW)(DIAMOND-MULTIMEDIA-2)(DIMD) Diamond 56K modems now at Best Buy Business Editors/Computer Writers VANCOUVER, Wash.--(BUSINESS WIRE)--Feb. 3, 1998-- -- Diamond Multimedia's award winning 56K modems now available at Best Buy the largest electronics and appliance retailer in the country! -- Diamond Multimedia Systems, Inc. (NASDAQ: DIMD), a leader in interactive multimedia acceleration, today announced that Best Buy Co., Inc. (NYSE: BBY), the No. 1 electronics and appliance retailer in the country, is now offering Diamond's SupraExpress 56K modems in all of its 284 retail locations throughout the United States. Four of Diamond's award-winning SupraExpress 56K modems are now available at all Best Buy locations. Specific products include the Supra Express 56i internal and the SupraExpress 56i SP (internal with full-duplex speakerphone), as well as external models for both the PC and the Mac. "Diamond is recognized as a leader in the communications market and Best Buy is excited about the addition of Diamond's SupraExpress modems to our assortment," said Arnel de Jesus, Best Buy senior buyer. Diamond Multimedia's SupraExpress 56K line of modems are designed to provide optimal 56Kbps speed and performance. SupraExpress 56K modems incorporate Lucent and Rockwell's K56flex technology, which is widely supported by major industry leaders such as Ascend and Cisco, as well as by over 1,500 Internet Service Providers worldwide. Diamond will offer a software upgrade on its SupraExpress line to the new V.pcm standard when it is available. "Best Buy and Diamond are a strong combination," said Jim Cady, vice president and general manager of Diamond Multimedia's Communications Division. "Having our award-winning SupraExpress line of products in the No.1 electronics retail chain in the country feeds our desire for additional market share." The SupraExpress 56K series of modems can be found at a variety of retail and distribution centers worldwide. For more information, consult Diamond Multimedia's web site at www.diamondmm.com About Best Buy Minneapolis based Best Buy Co., Inc. retails name brand consumer electronic, personal computers, entertainment software and appliances. The company is ranked 200 on the Fortune 500 with annual revenues of $7.8 billion. Best Buy operates 284 stores in 32 states. For more information, consult the company web site at www.bestbuy.com. Diamond Multimedia Diamond Multimedia is driving the interactive multimedia market by providing advanced solutions for home, business and professional desktop computer users, enabling them to create, access and experience compelling new media content from their desktops and through the Internet. Diamond accelerates multimedia from the Internet to the hard drive with products that include the Stealth and Viper series of media accelerators, the Monster series of entertainment 3D and sound accelerators, the Fire series of professional 3D and SCSI accelerators, and the Supra series of modems. Diamond also markets DVD and video phone kits. Diamond's common stock is traded on he Nasdaq Stock Market under the symbol DIMD, and its web site ddress is www.diamondmm.com.