CHIPCOM ESTABLISHES NEW JAPANESE SUBSIDIARY.SOUTHBOROUGH Southborough is the name of several places:
Since 1989, the company has had a representative office in Japan that provided sales and technical support to its Japanese Japanese (jăp'ənēz`), language of uncertain origin that is spoken by more than 125 million people, most of whom live in Japan. There are also many speakers of Japanese in the Ryukyu Islands, Korea, Taiwan, parts of the United States, and resellers. With the opening of this new subsidiary in Tokyo, Chipcom will continue with these activities, as well as significantly broaden and strengthen its sales and marketing programs in the Japanese market. In addition to Tokyo, fast-growing Chipcom has opened new international offices over the past nine months in Beijing, China; Milan, Italy; and Sao Paulo, Brazil. The company also has international offices in Australia, France, Germany, Israel, Malaysia and the United Kingdom. Over the last five years Chipcom has generated, on average, more than 40 percent of its business outside North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Founded in 1983, Chipcom Corporation designs, manufactures, markets, and supports fault-tolerant intelligent switching systems Switching systems (communications) The assemblies of switching and control devices provided so that any station in a communications system may be connected as desired with any other station. , including hub, internetworking and network management products, for facility and enterprise network computing Storing and/or running applications in servers in a network. See cloud computing and network computer. environments. The Southborough, Mass.-based company reported record revenue of $185 million for the first nine months of its 1994 fiscal year, ended September 24, a 65 percent increase over the same period of 1993. Together with its resellers, Chipcom has a presence in more than 40 countries, and the company employs over 800 people worldwide. Chipcom was ranked Number 16 on Financial World magazine's 1994 list of America's best 200 growth companies, Number 81 on Fortune magazine's 1994 list as one of the 100 fastest-growing companies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , and Number 150 on Forbes magazine's 1994 list as one of the 200 best small companies in America. -0- -0- Chipcom is a registered trademark and the Chipcom logo is a trademark of Chipcom Corporation.
CONTACT: John H. Ricciardone Laura Desmarais
Chipcom Corporation Beaupre & Co. Public Relations
508-624-6840 603-436-6690
E-Mail: jricciar@chipcom.com desmarai@beaupre.mv.com
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