Network and Engineering
Comcast and Zoom Telephonics Announce Settlement
PHILADELPHIA, PA and BOSTON, MA
Today Comcast (NASDAQ: CMCSA, CMCSK) and Zoom Telephonics (OTCBB: ZMTP) announce that they have settled their dispute regarding the testing of Zoom's cable modems intended for sale to consumers at retail outlets and the ability of users to attach Zoom's modems to Comcast's network. As a result, Zoom and Comcast have filed a joint motion to dismiss the complaint that Zoom filed last November with the FCC. Comcast and Zoom believe that the resolution of their dispute benefits both companies and furthers consumer choice in the cable modem marketplace. Comcast and Zoom look forward to working together in the future.
About Comcast Corporation
Comcast Corporation (Nasdaq: CMCSA, CMCSK) (www.comcast.com) is one of the nation's leading providers of entertainment, information and communications products and services. Comcast is principally involved in the operation of cable systems through Comcast Cable and in the development, production and distribution of entertainment, news, sports and other content for global audiences through NBCUniversal. Comcast Cable is one of the nation's largest video, high-speed Internet and phone providers to residential and business customers. Comcast is the majority owner and manager of NBCUniversal, which owns and operates entertainment and news cable networks, the NBC and Telemundo broadcast networks, local television station groups, television production operations, a major motion picture company and theme parks.
About Zoom Telephonics
Founded in 1977 in Boston, Zoom Telephonics, Inc. designs, produces, markets, and supports communication products under the Zoom, Hayes®, and Global Village® brands. For more information about Zoom and its products, please see www.zoomtel.com.