Business Editors/High-Tech Writers
ALAMEDA, Calif.--(BUSINESS WIRE)--Dec. 2, 2002
Netopia, Inc. (Nasdaq:NTPA), a market leader in broadband gateways and service delivery software, today announced an agreement with SBC Communications Inc. (NYSE:SBC) to offer the recently released Cayman 3546 business class broadband ADSL gateway as a solution for small and medium-size businesses. This agreement extends the four-year relationship that SBC has had with the Cayman product line.
The Cayman 3546 provides an all-in-one solution, including an integrated ADSL modem and a built-in 4-port 10/100 Ethernet Switch, able to support up to 253 simultaneous devices on the network with either dynamic or static IP addressing. In addition, VPN support, configurable firewall protection, and security monitoring included in the Cayman 3546 ensure secure multi-PC networking for businesses and home offices. The Web-based user interface, remote access, self-diagnostics, and firmware updates combine for trouble-free installation, configuration, and reliable performance.
"SBC leads the industry in deployment of high-speed ADSL, and this agreement continues Netopia's partnership with SBC into the future," said Alan Lefkof, president and CEO of Netopia.
"Service providers are looking for gateway solutions that can transform broadband into consumable value for users on an open and scalable basis. Netopia has positioned itself well in this regard. Their product offering will support new broadband services as demand emerges," said Michael Greeson, Senior Analyst, Emerging Residential Technologies with Parks and Associates.
With over a million devices deployed, Netopia is well positioned as a leader in the high-end, multi-user home and office-networking marketplace.
About Netopia
Netopia, Inc. develops, markets and supports hardware, software and services that simplify and enhance the delivery of broadband services to residential and business-class customers. Netopia's offerings enable carriers and broadband service providers to improve their profitability with feature rich modems, routers and gateways, software that manages to the edge of the network to reduce costs, and value added services to enhance revenue generation. Netopia's broadband equipment is interoperable with all major central office equipment suppliers, including Alcatel, Cisco, Copper Mountain Networks, Ericsson, Lucent Technologies, Nokia, Paradyne, Siemens, and Zhone Technologies. Netopia has established strategic distribution relationships with leading carriers and broadband service providers including BellSouth, Comcast, Covad Communications, EarthLink, France Telecom, Hong Kong Telecom/PCCW, MegaPath Networks, Netifice, SBC Communications, Telecom Italia and Verizon.
Netopia's service delivery platform includes the netOctopus suite of gateway/PC management and customer support software solutions, and the Web eCommerce server software. netOctopus server software products enable remote support and centralized management of installed broadband gateways and end devices, allowing carriers and broadband service providers to "manage to the edge" of the network. netOctopus Desktop Support and eCare software enable broadband service providers and enterprises to support customers by remotely viewing and operating the customer's desktop computer.
Headquartered in Alameda, Calif., Netopia's common stock trades on The Nasdaq Stock Market(R) under the symbol "NTPA." Further information about Netopia can be obtained via phone 510/814-5100, fax 510/814-5021, or on the Web at www.netopia.com.
About SBC
SBC Communications Inc. (www.sbc.com) is one of the world's leading data, voice and Internet services providers. Through its world-class network and its subsidiaries' trusted brands -- SBC Southwestern Bell, SBC Ameritech, SBC Pacific Bell, SBC Nevada Bell, SBC SNET and Sterling Commerce -- SBC companies provide a full range of voice, data, networking and e-business services, as well as directory advertising and publishing. A Fortune 30 company, America's leading provider of high-speed DSL Internet Access services, and one of the nation's leading Internet Service Providers, SBC companies currently serve 58 million access lines nationwide. In addition, SBC owns 60 percent of America's second-largest wireless company, Cingular Wireless, which serves more than 22 million wireless customers. Internationally, SBC has telecommunications investments in 25 countries.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
Portions of this release that are not statements of historical fact may include forward-looking statements. Statements regarding Netopia, Inc.'s beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements concerning product development, anticipated new products and customers, growth opportunities, and future operating results. Netopia, Inc.'s actual results could differ materially. Factors that might cause a difference include, but are not limited to: Netopia's continued ability to form key relationships for its broadband gateways, other Internet equipment and for its service delivery platform software products; its ability to develop new broadband gateways, other Internet equipment and service delivery platform software products in a timely manner; market acceptance of Netopia's products; the pace of development and market acceptance of Netopia's products and the market for broadband gateways generally; the highly competitive nature of Netopia's markets and competitive pricing pressures; intense competition from third parties offering competitive broadband gateways and other Internet equipment; and economic conditions generally. Prospective and current investors are cautioned not to place undue reliance on any such forward-looking statements. Further, Netopia expressly disclaims any obligation to revise or update any of the forward-looking statements contained herein to reflect future events or developments after the date hereof. Netopia does not undertake to update any oral or written forward looking-statement that may be made by or on behalf of Netopia. For more information concerning Netopia and risk factors that may affect Netopia's future results and may cause actual results to vary from results anticipated in forward-looking statements, investors should review Netopia's public filings with the United States Securities and Exchange Commission, which are available by calling Netopia at 510/814-5260 or online at www.sec.gov.
Note to Editors: All company names, brand names and product names are trademarks of their respective holder(s).
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