Published: March 08, 2011
Comcast and Zoom Telephonics Announce Settlement
PHILADELPHIA & BOSTON - (BUSINESS WIRE) - 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.
Comcast Corporation
Sena Fitzmaurice
202-379-7107
sena_fitzmaurice@comcast.com
or
Zoom
Telephonics
Frank Manning, President and CEO
617-753-0003
frankm@zoomtel.com
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