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Zoom Telephonics Ranked as One of the Fastest Growing Companies in North America on Deloitte’s 2018 Technology Fast 500™

November 16, 2018

Boston, MA, Nov. 16, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE --Zoom Telephonics, Inc. (“Zoom”) (OTCQB: ZMTP) (the “Company”), a leading producer of cable modems and other communication products, today announced the Company was recently included on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences, and energy tech companies in North America.

Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2014 to 2017.

The Company, which ranked 489th on the list, increased revenues from $11.9 million for the year ended December 31, 2014 to $29.4 million for the year ended December 31, 2017.

Frank Manning, Zoom’s CEO and Chairman, commented, “We’re pleased with the growth of our product base since entering into a brand licensing agreement with Motorola in 2015. We’ve worked diligently at Zoom to expand our product selection and sales channels, enhance product development, and provide exceptional customer support. We are honored to be included on this list.”

About Zoom Telephonics

Zoom Telephonics, Inc. designs, produces, markets, and supports cable modems and other communication products. The Company’s worldwide Motorola license agreement includes cable modems and gateways, DSL modems and gateways, cellular modems and routers and sensors, and other Internet and network products. For more information about Zoom and its products, please visit www.zoomtel.com/investor and www.motorolanetwork.com.

MOTOROLA and the Stylized M Logo are trademarks or registered trademarks of Motorola Trademark Holdings, LLC and are used under license.

Investor Relations Contact: Adam Prior, Senior Vice-President  The Equity Group Inc. Phone: 212-836-9606 Email: aprior@equityny.com

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