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Zoom® Telephonics Appoints Robert A. Crist as CFO and VP-Finance

Boston, MA, August 8, 1997 - Zoom Telephonics, Inc. today announced the appointment of Robert A. Crist as Vice President of Finance and Chief Financial Officer (CFO). Mr. Crist will be responsible for treasury, public and internal financial reporting, budgeting and control, business planning, asset management, and human resources. He brings to Zoom over 20 years experience in senior level finance positions in high technology.

"When we met Bob in May, we felt that he'd be a great addition to our team," said Frank Manning, Zoom's President & CEO. "Now we've been working with Bob since July 1, and we know we made the right choice. He has an excellent understanding of manufacturing and finance, and he's already driving improvement in several key areas of our business. He's a pleasure to work with, both for his staff, myself, and the other members of the management team."

Mr. Crist joins Zoom from Wang Laboratories, where he was recently involved in the sale of the Wang Software Business unit to Eastman Kodak. He played a key role in the mid-90's rejuvenation of Wang Laboratories, including the startup of a client-server imaging software business. Crist served as the Software Business Unit's Chief Financial Officer/Worldwide Controller and as Controller for Research & Development for Wang.

Prior to joining Wang in 1992, Mr. Crist held key financial positions over two decades with Unisys Corporation, including Corporate Controller for Engineering & Manufacturing and Controllerships for the Computer Systems Division, the Semiconductor & PCB Division, and the Financial Systems & Disk Drive Business. Mr. Crist also served as Director of Business Planning & Analysis and Acting Corporate Controller for Burroughs Corporation during the year-long $5 billion acquisition of Sperry Corporation, which formed Unisys.

Mr. Crist holds an MBA from the University of Rochester and a B.A. from Pennsylvania State University.

"I am excited about the opportunity to improve profitability and build value at a company with a strong brand name, great products, and powerful distribution channels in a dynamic industry," said Mr. Crist.

Zoom Telephonics designs, produces, and markets products that link people and their personal computers through the world's largest network, the international telephone network, and connected networks including the Internet and corporate local area networks. Zoom products are produced in Boston, Massachusetts and sold worldwide. Zoom Telephonics is publicly traded on Nasdaq (NASDAQ: ZOOM). The Zoom Web Site is www.zoomtel.com

 

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