| Corporate
Information
President's Message
The age of broadband is upon us, and Zoom is ready.
We are ready with a line of advanced cable
and DSL modems, and with wireless and other networking products
that make
it easy for people to use and share their broadband link
to the Internet.
We are ready with a thorough commitment
to a broad line of high-volume Internet access products so
we can meet the needs
of our customers, both end-users and channel partners.
We are ready with “voice over IP” products to
provide better, lower cost voice services by coupling our
VoIP hardware and services to the power of the Internet.
We are ready with our highly respected
Zoom, Hayes, and Global Village brands.
We are ready with powerful channel partners.
Zoom's network of retailers, value-added resellers, Internet
service providers,
and distributors will be important allies in educating,
supplying, and supporting customers for our products.
We are ready with strong supplier relationships,
with ties to the leading suppliers of advanced communications
integrated
circuits, and to efficient high-volume production facilities
in Asia and North America.
Most important, we are ready with a team
of skilled Zoom employees who enjoy designing, producing,
selling, and supporting
great communication products.
We hope you are ready to join us as we
realize our vision of broadband and beyond.

Frank Manning,
President and Chief Executive Officer
Corporate Background
We design, produce and market dial-up and
broadband modems, speed dialers,
and other communications products. Our primary objective
is to build upon
our position as a leading supplier of Internet access devices
and to take
advantage of a number of emerging trends in communications
including
enhanced Internet access, higher data rates, and new voice
and multimedia
applications.
To date our revenues have come primarily
from sales of our dial-up modems.
Our dial-up modems connect personal computers and other devices
to the local
telephone line for transmission of data, fax, voice, and
images. Our dial-up
modems enable personal computers and other devices to connect
to other
computers and networks, including the Internet and local
area networks, at
top data speeds up to 56,000 bits per second. Most of our
modems connect to
a single telephone line, but we also make multi-line modems
which can
connect to up to sixteen telephone lines. We also have a
line of integrated
services digital network ("ISDN") products, which
can transmit and receive
data simultaneously at up to 128,000 bits per second.
In response to increased demand for faster
connection speeds and increased
modem functionality, we have invested resources to expand
our product line
to include cable and ADSL modems and related broadband access
products.
Cable modems provide a high-bandwidth connection to the Internet
through a
cable-TV cable that connects to compatible equipment that
is typically at or
near the cable service provider. We began shipping cable
modems during 2000.
Our cable modem customers in the U.S., the U.K., and other
countries now
include cable service providers, original equipment manufacturers,
and
retailers.
Our Asymmetric Digital Subscriber Line
modems, known as ADSL modems, provide
a high-bandwidth connection to the Internet through a standard
telephone
line that typically connects to compatible ADSL equipment
in or near the
central telephone office. We are now shipping four ADSL modems:
one internal
PCI bus model and three external models.
We have been designing a new generation
of telephone dialers and related
telephony products. In the early 1980s Zoom introduced its
first generation
of dialers, including Demon Dialertm and Hotshottm. Dialers
simplify the
placing of a phone call by dialing digits automatically.
Zoom's new
generation of dialers includes a model designed for alternative
long
distance companies, and a second model designed for use with
prepaid phone
cards. Zoom plans to extend its proprietary dialer technology
into a wide
range of telephony products.
Zoom also has a line of cameras designed
to be used with personal computers.
Some "web camera" models only function when they
are connected to a
computer, and allow storage or transmission of a still picture
or moving
video. Some new models also work when they are not connected
to the
computer; so that pictures or videos can be stored into the
camera away from
the computer, and later downloaded into the computer.
We were incorporated in British Columbia
under the name 1519 Holdings Ltd.
on July 7, 1986 and subsequently changed our name to Zoom
Telephonics, Inc.
on October 1, 1987. On June 28, 1991, we changed our jurisdiction
of
incorporation from British Columbia to Canada. In February
2002 we changed
our jurisdiction of incorporation from Canada to the State
of Delaware and
changed our corporate name to Zoom Technologies, Inc. Our
operations
continue to be carried out by our wholly owned subsidiary,
Zoom Telephonics,
Inc., a Delaware corporation. Our principal executive offices
are located at
207 South Street, Boston, MA 02111 and our telephone number
is (617)
423-1072. |