Company Profile

3Com Corporation was founded on June 4,1979. A pioneer in the computer networking industry, our heritage is in providing robust networking solutions that are functionally rich, cost-effective and simple to use. Our competitive advantages include our industry-leading intellectual property portfolio, distributor and customer relationships, and brand identity. We target sectors of the enterprise and service provider markets. Beginning in fiscal year 2002,we have structured our operations into three businesses that are leveraging our core strengths and focusing upon specific market opportunities that offer long-term, profitable growth. These businesses are: Business Networks Company (BNC), which provides network infrastructure solutions for the enterprise and small business markets; Business Connectivity Company (BCC), which provides products that enable computing devices to access computer networks; and CommWorks Corporation (CommWorks), which provides Internet Protocol (IP)-based access and infrastructure and services platforms for the telecommunications service provider market. Each of these businesses has a unique business model tuned for the dynamics of its target market. This simplified structure allows greater focus, faster responsiveness, and increased accountability.