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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: twt who wrote (15174)	5/4/1998 8:30:00 AM
From: Moonray	Read Replies (1) \| Respond to of 22053

3Com Selected By TCI For Cable Modems and Networking Equipment; Press Briefing at National Cable Show Details, Distribution Plans 05:01 a.m. May 04, 1998 Eastern ATLANTA--(BUSINESS WIRE)--May 4, 1998--3Com Corporation (NASDAQ: COMS) today announced it has been selected by TCI.NET, a division of Tele-Communications, Inc. (TCI) to provide high-speed cable modems and broadband networking equipment for its deployment of multimedia services to the residential market. The 3Com(R) equipment is based on the Data Over Cable Service Interface Specification (DOCSIS), a multi-operator industry specification effort. DOCSIS-based modems allow for interoperability among cable systems and assurance of competitive, quality product in the retail channels. 3Com will market its cable modems under the U. S. Robotics(R) brand, following its merger with the modem supplier last year. At a joint press briefing held here today at the National Cable Television Association's Cable '98 show, 3Com and TCI detailed their cable modem rollout and retail distribution plans. TCI will initially purchase equipment directly from 3Com, and will support modems sold later this year through 3Com's retail distribution channels. "We are pleased that TCI has selected 3Com to provide one of the industry's first interoperable cable modems as well as headend equipment for their cable plant," said Richard L. Edson, senior vice president of New Business Initiatives at 3Com. "The market leadership of the U.S. Robotics brand will help drive TCI's aggressive and exciting multimedia vision. With high-speed cable modem access to the Internet, consumers will be able to take advantage of services such as high-quality video conferencing, interactive gaming and Internet telephony." "Retail distribution will greatly enhance our marketing reach," said Rob Davenport, senior vice president and COO of TCI.NET. "3Com has the data networking expertise and retail experience we think is critical to establishing data-over-cable modem service as a mass market offering. We look forward to accelerating the growth of the cable data market through this relationship." Cable modems allow connection to the Internet by utilizing the bandwidth capacity of cable television networks, enabling potential download speeds far exceeding phone-based speeds of analog modems or ISDN devices. The digital service does not require a phone line and provides a reliable, low-cost connection to the Internet and other content. About 3Com 3Com's cable modems are part of its Cable Access product family, including headend systems based on the leading Total Control(TM) platform. The standards-based system enables high-speed Internet access and multimedia over cable networks, and is compatible with 3Com routers, switches and network interface cards (NICs). Under the U.S. Robotics brand, 3Com has sold more modems worldwide than any other manufacturer. 3Com's U.S. Robotics VSP and VSP Plus cable modems recently received BYTE Magazine's 1997 Best of Comdex award for Best Networking Infrastructure. 3Com Corporation enables individuals and organizations worldwide to communicate and share information and resources at anytime from anywhere. As one of the world's preeminent suppliers of data, voice and video communications technology, 3Com has delivered networking solutions to more than 100 million customers worldwide. The company provides large enterprise, small and medium enterprise, carriers and network service providers, and consumers comprehensive, innovative information access products and system solutions for building intelligent, reliable and high performance local and wide area networks. For further information, visit 3Com's World Wide Web site at 3com.com or the press site at http//www.3Com.com/pressbox. o~~~ O