Juniper Group - JUNI Announces Contract With Comcast Cable Communications, Inc.Business Editors GREAT NECK, N.Y.--(BUSINESS WIRE)--May 16, 2001 Juniper Group, Inc. (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 : JUNI) ("Juniper"), a diversified holding company with operations in the entertainment, healthcare and information technologies sectors announced today that its Juniper Internet Communications, Inc. subsidiary (JINI) has signed an Internet installation services agreement with Comcast Cable Communications, Inc., the third largest cable provider 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. . "We have already begun connecting customers in Bucks County, Pennsylvania Bucks County is a county located in the U.S. state of Pennsylvania. As of 2000, the population was 597,635. A 2004 U.S. Census estimate placed the population at 621,342, making it the fourth most populous county in Pennsylvania, after Philadelphia, Allegheny, and Montgomery to Comcast's Internet services and are pleased to help Comcast deliver high-speed Internet See broadband. services to its customers, including those in the territories recently acquired from AT&T" said Alan R. Andrus, Juniper Internet Communications' President. Mr. Andrus cited a March 1, 2001 report from ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. Media Business Corporation, indicating that cable broadband subscriptions have reached over four million users and are growing at over 30% annually. Comcast provides instant-on high-speed Internet service to its customers through its cable system at speeds of up to 22,500 KBPM KBPM Kilobits per Minute , 50 times faster than a dial up connection. Juniper Group's Chairman, Chief Executive Officer and President, Vlado P. Hreljanovic commented that this was an important step towards the Company's becoming a major provider of cable and DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary broadband installation services. According to Mr. Hreljanovic, Comcast is the main provider of cable television and high-speed Internet services in greater Philadelphia region. `With over 1.8 million Comcast customers in this region establishing this relationship was a key step in extending JINI's presence in the Northeast." Juniper Group, Inc. operates in the entertainment and information technology-broadband services market through two subsidiaries of Juniper Entertainment, Inc., which distributes feature films to various media, and assists cable companies and DSL providers in implementing broadband Internet services for their customers. Juniper Group, Inc. also operates in the healthcare management business through two subsidiaries of Juniper Medical Systems Inc. Except for historical matters contained herein, the matters discussed in this press release are forward-looking and are made pursuant to the 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. 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. Investors are cautioned that these forward-looking statements reflect numerous assumptions and involve risk and uncertainties that may affect Juniper Group, Inc. and its subsidiaries business and prospects and cause actual results to differ materially from these forward-looking statements. Among the factors that could cause actual results to differ are Juniper Group, Inc.'s operating history; competition; low barriers to entry; reliance on strategic relationships; rapid technological changes; inability to complete transactions on favorable terms; and those risks discussed in the Company's filings with the SEC. |
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