Com21 Names New Chief Operating Officer.Business Editors MILPITAS, Calif.--(BUSINESS WIRE)--Jan. 7, 2000 Com21, Inc. (Nasdaq:CMTO CMTO College of Massage Therapists of Ontario ), a leading global provider of system solutions for the broadband access See broadband and wireless broadband. market, announced today the appointment of Ron Foster as chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , strengthening the company's existing focus on delivering quality broadband products and services for its growing worldwide customer base. As chief operating officer, Foster is responsible for Engineering, Operations and Customer Service. He will report directly to 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. Peter D. Fenner. "Com21's continued commitment in developing the best technology, products and services for our multiple system cable operators, is further enhanced by the ability of Ron to collectively focus on these very important divisions within Com21," said Peter Fenner, president and CEO. "His proven senior level staff record of managing various functions and his cable experience with Scientific Atlanta is definitely an asset to the company." Foster came to Com21 from Benchmark Electronics, Inc., where he served as vice president-global account manager. He began his career as a designer for General Dynamics General Dynamics Corporation (NYSE: GD) is a defense conglomerate formed by mergers and divestitures, and as of 2006 it is the sixth largest defense contractor in the world[1]. The company has changed markedly in the post-Cold War era of defense consolidation. and then Xerox that led to positions as VP of Product Planning, Marketing and Business Development. He was formerly vice president, Telecom products and vice president, Network Systems & Support at Scientific Atlanta and GTECH, respectively. Foster was also the general manager of two transmission products divisions of Digital Switch Corporation, and president and CEO of Licom. About Com21, Inc. Com21, Inc., is a leading global provider 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 with the abilities to deliver high-speed, cost-effective Internet and telephony applications to corporate telecommuters, small businesses, home offices and residential users. Com21 has shipped 268,000 cable modems worldwide through September 30, 1999. 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 is headquartered in Milpitas and maintains domestic and international sales and support locations 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. 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. The matters discussed in this press release including the appointment of Ron Foster to Chief Operating Officer 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 Form 10K for the fiscal year ended December 31, 1998, and Form 10Q for the fiscal quarter ended September 30, 1999. Com21 assumes no obligation to update the forward-looking information contained in this press release. Note to Editors: Com21, Inc.(R) is a registered trademark of Com21, Inc. All other trademarks are the property of their respective owners. |
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