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Technology Stocks : LARSCOM......A Less Risky IPO (LARS) -- Ignore unavailable to you. Want to Upgrade?

To: jeffbas who wrote (722)	3/10/1998 12:11:00 AM
From: Leman	Read Replies (2) \| Respond to of 990

proof of growth Monday September 8 6:40 AM EDT Company Press Release Larscom Relocates to New, Larger Facility MILPITAS, Calif.--(BUSINESS WIRE)--Sept. 8, 1997--Larscom Inc. (NASDAQ:LARS) today announced that the company has relocated its headquarters to a new, larger facility in Milpitas. The company will occupy 80,000 of the 120,000 square-foot custom designed building. The remaining 40,000 square feet will initially be subleased to two other commercial tenants. Larscom also maintains a facility in Research Triangle Park, N.C. and field sales offices located throughout the United States. ''We had no choice but to expand our facilities to accommodate recent growth in the business,'' said Bruce Horn, Larscom vice president, finance and CFO. ''We've decided to stay in Silicon Valley because of the talent pool available here. Besides expanding the manufacturing area and adding much needed office space, the new facility will include a product demonstration room and two state-of-the-art labs which will be utilized for customer training.'' ''With the growth we've experienced in broadband systems sales, our customers require more pre- and post-sales support,'' said Peter Norton, Larscom assistant vice president of customer service. ''Customers need to know more about our products and how to integrate them into their networks.'' ''In our new facility,'' continued Peter Norton, ''we will need to be able to offer extensive distributor and customer training classes tailor-made to fit our customers' needs. We will offer basic data communications skills classes, as well as more targeted training for specific products and customer applications.'' Please visit the company's web site at www.larscom.com for more information. Larscom Inc. (NASDAQ:LARS) is a leading provider of high speed wide area network (WAN) access equipment. Its customers include carriers, Internet service providers, corporate users, and government agencies worldwide. The company's headquarters are located at 1845 McCandless Drive, Milpitas, Calif. 95035. Any forward looking statements in this news release are based on current expectations and beliefs and are subject to risks and uncertainties that could cause the actual results to differ materially. Factors that could cause actual results to differ materially include dependence on recently introduced products and products under development, competitive products, rapid technological change, as well as additional risk factors as discussed in the ''Risk Factors'' section of Larscom's prospectus, dated December 18, 1996, and Larscom's quarterly reports filed with the United States Securities Exchange Commission (SEC).