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Zoom Reports Results
For Third Quarter Ending 9/30/98

Boston, October 26, 1998 - Zoom Telephonics, Inc. (NASDAQ: ZOOM), a leading manufacturer of faxmodems and other data communications products, today reported sales of $14.5 million for its third quarter ending September 30, 1998, up 11.2% from $13.1 million for the third quarter of 1997. Sales for the first nine months of 1998 were $45.3 million, up 5.4% from $43.0 million for the same period in 1997.

Zoom reported a net loss for the third quarter of 1998 of $1.2 million or $.15 per share, versus a net loss of $2.2 million or $.29 per share for the third quarter of 1997. For the first nine months of 1998, Zoom reported a net loss of $2.5 million or $.34 per share, versus a net loss of $7.4 million or $.99 per share for the same period of 1997.

The Company had strong unit shipments of V.90 standard 56K modems in the third quarter of 1998, contributing to a total modem unit shipments increase of 19% versus the third quarter of 1997.

Zoom ended the third quarter of 1998 with a strong balance sheet, with a current ratio of 6.0, cash of $18.7 million or $2.50 per share, and stockholders' equity of $5.09 per share.

For additional information please contact Investor Relations, Zoom Telephonics, 207 South Street, Boston, Massachusetts, 02111, telephone (617)423-1072, fax (617)338-5015, e-mail address Investor@Zoomtel.com. Zoom's World Wide Web site is www.zoomtel.com.

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This press release contains certain forward-looking statements including, without limitation, statements relating to the company's new product development and future market position. These forward-looking statements involve risks and uncertainties, including that there can be no assurance that the company's new products will be introduced on a timely basis, if at all; that the company's new products if introduced will achieve market acceptance; that overall product demand, selling prices, gross margins, or revenues will improve; and other risks and uncertainties indicated from time to time in Zoom's filings with the Securities and Exchange Commission.
 

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