Com21 Comments on Fourth Quarter Sales to AT&T.Business Editors/High-Tech Writers MILPITAS, Calif.--(BUSINESS WIRE)--Nov. 27, 2000 Com21, Inc. (Nasdaq:CMTO CMTO College of Massage Therapists of Ontario ), a leading global provider of system solutions for the broadband access market, announced today that it understands that AT&T Broadband will limit its receipt of product shipments for the remainder of the quarter. Com21's business with AT&T is limited to the Company's cable access products. This action by AT&T will have no more than a 2% impact on total sales for the quarter. About Com21, Inc. Com21, Inc. is a leading global supplier of system solutions for the broadband access market. The Company's DOCSIS (Data Over Cable Service Interface Specification) A cable modem standard from the CableLabs research consortium (www.cablelabs.com), which provides equipment certification for interoperability. , DVB (Digital Video Broadcasting) An international digital television (DTV) standard that is the European and Far Eastern counterpart of the North American ATSC standard. , and ATM-based products enable cable operators and service providers to deliver high-speed, cost-effective Internet and telephony applications to corporate telecommuters, small businesses, home offices, and residential users. To date, Com21 has shipped over 900,000 cable modems worldwide, along with over 1,300 headend controllers. Com21 systems offer commercial service in cable systems passing 17 million households worldwide. Com21 is an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 registered company with over 500 employees worldwide. The Company's corporate headquarters is located in Milpitas, California, USA, with its European headquarters in Delft Delft (dĕlft), city (1994 pop. 91,941), South Holland prov., W Netherlands. It has varied industries and is noted for its ceramics (china, tiles, and pottery) known as delftware. Founded in the 11th cent. , The Netherlands. In addition, Com21 maintains research and development facilities in Ireland, Israel, Maryland, and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , as well as sales and support offices in the United States and Canada, Europe, Asia, and Latin America. 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. Act Clause This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section21E of the Securities Exchange Act of 1934, and is subject to the safe harbors created by those sections. This press release contains forward-looking statements related to the expected current quarterly revenue from AT&T. These statements are based upon current expectations of management in light of AT&T's announcement. In addition, see the risk factors described in the Company's most recent Form 10K and Form 10Q. Com21 assumes no obligation to update the forward-looking information contained in this press release. Note to Editors: Com21(R)is a registered trademark of Com21, Inc., Milpitas, California, U.S.A. All other trademarks are the property of their respective owners. |
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