Toshiba Network Products Division Appoints Fred Berry as Vice President/General Manager; Berry to Lead Cable Modem Manufacturer's Product Line Expansion.

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IRVINE, Calif.--(BUSINESS WIRE)--July 24, 2001

Toshiba America Information Systems, Inc., Network Products Division today announced the appointment of Fred Berry as vice president/general manager of its Network Products Division (TAIS NPD). As head of the Network Products Division, Berry will further develop Toshiba's line of Data Over Cable Service Interface Specification (DOCSIS) cable modem products, expand Toshiba's presence in North America and South America markets, and introduce new complimentary products based on the company's innovative DOCSIS cable modem technology.

Berry joined Toshiba in 1999 as director of new business development and has been an integral member of the executive staff that introduced numerous cable modem products, created record sales through new channels, and established Toshiba as a leading cable modem manufacturer worldwide. Berry also assisted with retooling of the multi-product, multi-market Network Products Division to focus on cable modem products and take advantage of the rapidly growing broadband market.

Toshiba has sold more that 1.5 million DOCSIS cable modems over the past two years and currently holds the number two market share position for cable modem sales. In the first quarter of 2001, Toshiba sold more than 26 percent of all cable modems sold in North America.

Cable broadband access continues to outpace Digital Subscriber Line (DSL) access according to Kinetic Strategies. It reported in June 2001 that 70 percent of broadband subscribers in North America (6.4 million subscribers) connect to the Internet via a cable modem, compared to 2.9 million that connect via DSL.

Toshiba sells cable modems to the multiple system operator (MSO) market and includes among its customers Time Warner, AT&T, Cox Communications, Comcast and many others. It also sells cable modems directly to consumers through national retailers and Toshiba Network Products Division's online store at www.toshibamodems.com.

"We're proud to have someone with Fred's insight and demonstrated leadership abilities to head Toshiba's world-renowned development and marketing team in our Network Products Division," said Paul Wexler, executive vice president, Toshiba America Information Systems. "Under Fred's direction, we will continue to provide the most advanced cable modem technology with the speed, reliability and ease-of-use that Internet users require today."

Berry has more than 30 years of technology and business management experience with industry leaders such as Control Data, Unisys, Digi International and Emulex. He received a bachelor's of science degree in chemistry from the University of Virginia, and is a member of Society of Cable Telecommunications Engineers (SCTE) and the National Cable Television Association (NCTA).

Toshiba Network Products Division recently received Cable Television Laboratories, Inc.'s CableLabs(R) Certified(TM) DOCSIS 1.0 status for its latest cable modem product, the PCX2000. The cable modem includes dual-mode USB and Ethernet interfaces and meets the DOCSIS 1.0 standard, which assures both cable operators and consumers that Toshiba's cable modem meets DOCSIS specifications and guarantees its interoperability with qualified cable systems offering broadband services.

According to the North America DOCSIS Infrastructure Deployment Report by Kinetic Strategies in 2000, the market for DOCSIS cable modems continues to grow. The report states that in 1999 more than 700,000 DOCSIS cable modems were sold and that the number will grow to more than 5.2 million by end of year 2001.

Toshiba's line of PCX cable modems support all DOCSIS 1.0 specifications and is fully DOCSIS 1.1 based. Efforts to certify Toshiba DOCSIS 1.1 products are already underway at CableLabs. Once certified, the DOCSIS 1.1 specification will allow cable operators to offer services such as Voice Over Internet Protocol (VoIP), multimedia applications such as video on demand and interactive games to consumers with a DOCSIS 1.1 based cable modem.

Toshiba continues to bundle its Self-install Wizard(TM) and Norton Internet Security(R) with all of its DOCSIS cable modems sold through retail outlets, providing quick installation and security protection for the always-on cable connection. Toshiba's cable modems are available through service provider partnerships, various national retail chains including Best Buy and CompUSA, and online at www.toshibamodems.com.

About Toshiba America Information Systems

Toshiba America Information Systems, Network Products Division markets a range of communications and networking products, including the PCX DOCSIS Cable Modem, which offers the highest performance in cable data modem technology in the industry. Utilizing the same hybrid fiber coax interface as cable television, the DOCSIS modem provides residential and small business users with a faster, more powerful two-way interface to the Internet. Toshiba cable modems are currently sold directly to consumers through e-commerce and nationwide retail outlets, and to leading cable operators including Time-Warner, AT&T, Cox Communications, Comcast, Charter and others. Toshiba Network Products Division is headquartered in Irvine, California and is an independent operating company owned by Toshiba America, Inc., a subsidiary of the $50 billion Toshiba Corp., the eighth largest computer and electronics company in the world. More information can be found on the Web at internet.toshiba.com.

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