Com21 Leads European Cable Modem Market; Dell'Oro Group Finds Com21's Market Share in Europe Growing.Business/Technology Editors MILPITAS, Calif.--(BUSINESS WIRE)--May 1, 2000 Com21, Inc. (Nasdaq: CMTO CMTO College of Massage Therapists of Ontario ), a leading supplier of system solutions for the broadband access See broadband and wireless broadband. market, announced today that market research firm Dell'Oro Group reported in "Q4'99 Routers, Access & Voice Worldwide" that Com21 finished 1999 as the top supplier of cable modems in Europe. Based on units shipped, Com21 captured 31.4% of the overall European cable modem market for the quarter ended December 31, 1999 by shipping 27% more modems into Europe than its closest competitor. Cable modem shipment figures are based on a combination of Com21's ATM-based ComPORT See COM port. (R) and DOXport(tm) family of CableLabs(R) Certified(tm) cable modems. This data follows the 1998 independent study of Ryan Hankin Kent, Inc., a telecom and cable analyst group, which reported that Com21 was the leading European cable modem supplier. "We are extremely pleased to see Com21's increased penetration into the international and European markets. Com21 is in the advantageous position of being able to offer some of the best ATM and 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. solutions available today, as consumers around the world are demanding faster broadband access to the Internet," said Peter Fenner, Com21 president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "And as the industry moves toward integrated voice-over-IP and tiered high-speed data services in the immediate future, Com21's customers will already be prepared. It's a great time to be in the broadband access industry." In all international markets outside of Europe for 1999, Com21 ranked as the second largest supplier, with 23% market share. In 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. , Com21 ranked third, growing to 8.4% market share in 1999 from 5.2% in 1998. Worldwide, Com21 has a market share of 11.4% for all of 1999, and 12% in the fourth quarter of 1999. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Dell'Oro Group study, the cable modem market group grew from 873,000 cable modems shipped worldwide in 1998 to nearly 2.5 million in 1999. The Dell'Oro Group estimates that worldwide cable modem shipments will be 4 million in 2000. About Com21, Inc. Com21, Inc. is a leading global supplier of system solutions for the broadband access market. The Company's DOCSIS, 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. Worldwide, Com21 has shipped 524,000 modems through March 31, 2000. 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 certified company with headquarters in Milpitas, California Milpitas (IPA pronunciation: mɪlpitʌs; inhabitants are called 'Milpitans') is a city in Santa Clara County, California. It is located with San Jose to its south and Fremont to its north, at the eastern end of Highway 237 and generally between Interstate freeways 680 and , and maintains sales and support locations in the United States, 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. Those forward-looking statements include statements related to the growth of the cable modem market as estimated by a third party. Actual results may differ materially due to a number of factors, including numerous technological, operational and financial challenges associated with deploying, manufacturing, marketing, distributing and servicing broadband products. The matters discussed in this press release also involve risks and uncertainties concerning Com21's products and services described in Com21's filings with the Securities and Exchange Commission (SEC). In particular see the risk factors described in the Company's most recent Form 10K. Com21 assumes no obligation to update the forward-looking information contained in this press release. Note to Editors: Com21(R) and DOXport(tm) are trademarks or registered trademarks of Com21, Inc., Milpitas, California, USA. All other trademarks are the property of their respective owners. |
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