3Com Corporation Profile

3Com Corporation (3Com) provides secure, converged networking solutions on a global scale to businesses of all sizes. Its products and solutions enable customers to manage business-critical voice and data in a secure and efficient network environment. The Company's products form integrated solutions and function in multi-vendor environments. 3Com's long-term, technology-based strategy centers on enterprises and public sector organizations migrating to secure Internet protocol (IP)-based infrastructures that deliver converged voice and data applications. Its products and services can generally be classified into five categories: networking infrastructure, voice over IP (VoIP) telephony, security, network and security management, and global services. On January 31, 2005, 3Com acquired TippingPoint Technologies, Inc., a provider of network-based intrusion prevention systems. For the fiscal year ended 2 June 2006, 3Com Corporation's revenues increased 22% to $794.8M. Net loss decreased 48% to $100.7M. Revenues reflect growth from North America, Europe, Middle East, Africa, South America and Asia Pacific regions and an increase in sales of security & networking products. Lower loss reflects improved gross margins, higher gains on investments and increased net interest & other income.