SAN JOSE, CA -- (Marketwire) -- 08/12/08 -- 2Wire, a provider of broadband solutions, iscelebrating two significant milestones today with the company's 10-yearanniversary and the shipment of its 20 millionth HomePortal® intelligentgateway. Now one of the leading providers of broadband gateways in theworld, 2Wire continues to set the standard for excellence in broadbandaccess equipment and user experience.Since its founding in 1998 by a team of four friends, including current CEOPasquale "Pat" Romano, 2Wire has been committed to developing innovativesolutions that unify network-enabled home devices and equipment on a singleplatform. The company has succeeded, expanding its presence internationallyand developing several notable solutions in the broadband space, includingresidential gateways, multi-service media platforms, intelligent homeservers, and remote CPE management systems. Notable industry firstsinclude:
-- First splitter-less DSL self-install solution - 2000-- First intelligent residential gateway - 2000-- First wireless gateway - 2001-- First TR-069-compliant remote CPE management system (CMS) - 2004-- First multi-service media platform to integrate DSL and satellite television services (MediaPortal®) - 2004-- First outdoor broadband home gateway (HomePortal iNID) - 2006
2Wire continues to expand its global distribution footprint whileconstantly developing innovative, award-winning solutions for its growinglist of customers.
Pat Romano, co-founder, president, and CEO of 2Wire, looks toward thefuture with excitement. "The opportunities for 2Wire in the broadbandmarketplace are limitless right now," said Romano. "The market is goingthrough a period of significant maturation and consolidation. We havescale, technology, a large customer base, and a world class group ofemployees on our side. Our history demonstrates that we consistentlychange the game in the industry through innovative combinations oftechnologies and services. These attributes have served us well in thepast and will continue to do so as we forge ahead."
"From the beginning, it seems that 2Wire correctly anticipated and timedthe growth we are currently witnessing in the broadband market," said KurtScherf, vice president and principal analyst with Parks Associates. "Thecompany continues to lead the market to this day, with innovations inresidential gateways, storage solutions, and convergent video and digitalentertainment offerings. By the end of this year, 27 million householdsworldwide will have residential gateways, growing to more than 70 millionby the end of 2012. With its expanding portfolio of products and services,2Wire is very well positioned to continue capitalizing on this growth."
About 2Wire
Engineered for the carrier and optimized for the subscriber, 2Wirebroadband solutions provide simple, powerful user experiences. 2Wireproducts and services include residential gateways, multi-service mediaplatforms, intelligent home servers, remote management systems, value-addedservices, and call center customer support. 2Wire customers are leadingbroadband providers throughout the U.S., Canada, Latin America, Europe,Australia, and Asia, including AT&T, Telmex, BT, EMBARQ, Bell Canada,SingTel, Telstra and others. For more information, visit www.2Wire.com.
2Wire, HomePortal, and MediaPortal are the registered trademarks of 2Wire,Inc. in the United States and in other jurisdictions throughout the world.Other 2Wire product names are trademarks or registered trademarks of 2Wire,Inc.
