Zoom Join Forces to Provide Unique DSL Offer in Spain
Boston, MA, November 6, 2003 — Zoom Technologies,
Inc. (NASDAQ: ZOOM) announced today that Tiscali, a major
Internet Service Provider in Europe, has joined with Zoom
to offer the "Tiscali Prueba" and Zoom ADSL modems
in the Spanish Market. "Tiscali Prueba" is an easy
new way for consumers in Spain to try broadband service with
minimal financial commitment.
Customers purchasing a Zoom modem at a retail store for
54.95 euros can use the Tiscali ADSL service for 6 months
without paying the normal monthly charge. Instead, users
will pay only for the service that they use at .05 euros
(about 6 cents) per minute, and they will never be billed
more than 39.95 euros per month. This allows new users to
try the Tiscali service and compare the various Tiscali service
offerings without making a financial commitment or worrying
about cancellation fees. The entire investment is limited
to the cost of the modem, and even that is refunded by Tiscali
if the customer signs up for a longer-term Tiscali broadband
package at the end of the 6 month trial.
"Zoom is excited about working with Tiscali" said
Terry Manning, Zoom’s V.P. of Sales and Marketing. "We
feel that the Tiscali model has the potential to dramatically
expand the ADSL user base. Because customers bring their
own modem, Tiscali can offer an attractive alternative to
the intimidating up-front commitments and early termination
fees that usually accompany service offerings."
Tiscali expects to begin a major TV and newspaper campaign
to promote the new service in November. Several large retailers
in Spain have already agreed to stock the Zoom products featuring
the Tiscali promotional offer.
About Zoom Technologies
Zoom Technologies, Inc. designs and produces ADSL and cable
modems, dial-up modems, automatic telephone dialers, home
and small office networking devices, and other communications
products under the Zoom, Hayes, and Global Village brands.
Zoom Technologies was founded in 1977. For more company information
Tiscali S.p.A., (Nuovo Mercato, Milán: TIS, Nouveau
Marché, París: 005773), is The European Internet
Company, offering access, content and enterprise applications
along with innovative communications services. As of June
30, 2003, Tiscal had 7.6 million active subscribers, of which
470,000 were broadband customers. The Tiscali corporate web
site is www.tiscali.com.