3Com Completes Initial Integration of H3C in Asia Pacific.Combines In-Region Sales, Marketing, and Global Services and Support to Deliver Integrated Solutions to Customers, Partners and Distributors SINGAPORE -- 3Com Corporation today unveiled a unified sales and support organization for the Asia-Pacific region (APR APR See: Annual Percentage Rate ), following the integration of 3Com and H3C Technologies. Beginning today, the 3Com and H3C sales and marketing organizations are now one team with an integrated go-to-market strategy and a broader product portfolio in the region. "With this successful integration, we have built a stronger, more experienced team that we believe will enable us to increase our presence and success in the region," said Peter Chai, Vice President & General Manager (Asia Pacific), 3Com Corp. "By combining the two organizations, our customers and partners now have access to a more expansive portfolio of low-cost, high-quality secure, converged networking The integration of the telephone system with IP-based data networks. See softswitch. (networking) converged network - A single network that can carry voice, video and data. solutions. "Additionally, we intend to fully leverage H3C's research and development capabilities to help us create new, innovative products and deliver them to the enterprise and service provider markets faster than the competition," added Chai. Moving forward, 3Com will look to combine systems in the region, as appropriate, in order to streamline processes and promote operational efficiency. New management team for Asia-Pacific As part of the integration, 3Com also announced its new APR management team, led by Peter Chai. Chai has more than 24 years in the telecommunications industry with direct hands-on experience in the entire operations of several recognised global companies. Specifically, his background includes focus on the financial and commercial aspects of running a business, as well as business development, marketing and sales, product development, project management, engineering and network operations. Prior to joining 3Com, he was vice president and country manager for South East Asia East Asia A region of Asia coextensive with the Far East. East Asian adj. & n. BT. The new in-country management team created to support the Asia-Pacific operations includes: [TABLE OMITTED] * new appointments Country managers for India and Taiwan will be named later. "Prior to naming the APR leadership team, we reviewed internal and external candidates to help ensure we found the most qualified and experienced team possible," said Chai. "I am very confident that we now have a team in place that will help us win in both the large enterprise and SMB markets See SMB. . Throughout this transition, one of the top priorities of this new organization is to maintain the high level of service and support that both H3C and 3Com customers and partners have come to expect from us." On March 29, 2007, 3Com acquired the remaining 49% of H3C Technologies of China, giving it full 100 percent ownership. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, including forward-looking statements regarding future performance in the APR region and H3C integration activities. These statements are neither promises nor guarantees, but involve risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements, including, without limitation, risks relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc : our ability to maintain and improve our market position; and other risks detailed in the Company's filings with the SEC, including those discussed in the Company's quarterly report filed with the SEC on Form 10-Q Form 10-Q See 10-Q. for the quarter ended March 2, 2007. 3Com Corporation does not intend, and disclaims any obligation, to update any forward-looking information contained in this release or with respect to the announcements described herein. About 3Com Corporation 3Com Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : COMS COMS 3Com Corporation (stock symbol) COMS Certified Orientation and Mobility Specialist COMS Continuous Opacity Monitoring Systems COMS City of Manchester Stadium (UK) ) is a leading provider of secure, converged voice and data networking solutions for enterprises of all sizes. 3Com offers a broad line of innovative products backed by world-class sales, service and support, which excel at Verb 1. excel at - be good at; "She shines at math" shine at excel, surpass, stand out - distinguish oneself; "She excelled in math" delivering business value for its customers. Through its TippingPoint division, 3Com is a leading provider of network-based intrusion prevention See IPS and IDS. systems that deliver in-depth application protection, infrastructure protection, and performance protection. 3Com also owns H3C Technologies Co., Limited (H3C), a China-based provider of network infrastructure products. H3C brings innovative and cost-effective product development and manufacturing and a strong footprint in one of the world's most dynamic markets. For further information, please visit www.3com.com, or the press site www.3com.com/pressbox. Copyright (c) 2007 3Com Corporation. 3Com, the 3Com logo and Digital Vaccine are registered trademarks and TippingPoint is a trademark of 3Com Corporation. All other company and product names may be trademarks of their respective holders. |
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