SOURCE: Zoom Technologies, Inc.

October 03, 2007 15:11 ET

Zoom Technologies Estimates 50% Net Sales Increase in the Third Quarter of 2007

BOSTON, MA--(Marketwire - October 3, 2007) - Zoom Technologies, Inc. (NASDAQ: ZOOM), a leading producer of modems and other communication products, today announced a preliminary estimate of its Q3 2007 net sales of $5.3 million, a 50% increase over net sales for Q3 2006 and a 24% increase over net sales for Q2 2007.

"We are encouraged by the progress we've made in 2007," said Frank Manning, Zoom's President and CEO. "Our strongest sales increases during the quarter were recorded in the US and UK, our largest markets. In those markets our sales were very strong to our large retailer customers where we have increased shelfspace in 2007. In Q3 2007 DSL modem sales showed a significant increase and, importantly, our sales of dial-up modems did not decline. As noted, the net sales results for the third quarter of 2007 are preliminary. While we do expect to show an operating loss for Q3 2007, we believe this loss will be a significant improvement over the operating loss reported for Q3 2006 and Q2 2007."

Zoom plans to officially announce net sales and earnings at the end of October. The time for the earnings release and conference call will be announced later this month. For additional information, please contact Investor Relations, Zoom Technologies, 207 South Street, Boston, MA 02111, telephone (617) 423-1072, email investor@zoom.com, or visit Zoom's website at www.zoom.com.

About Zoom Technologies

Zoom Technologies, Inc. designs, produces, markets, and supports communication products under the Zoom, Hayes®, and Global Village® brands. Zoom is headquartered in Boston and its European sales and support center is in the UK. Zoom markets its products in over forty countries, and provides multi-lingual support from its offices in Boston and the UK. For more information about Zoom and its products, please see www.zoom.com.

Forward-Looking Statements

This release contains forward-looking information relating to Zoom's expectations and intentions, including statements relating to Zoom's projected net sales and operating loss for Q3 2007, Zoom's projected financial results and Zoom's sales of cable, DSL and dial-up modems. Actual results may be materially different from Zoom's expectations as a result of known and unknown risks, including the risks described in our filings with the Securities and Exchange Commission. Zoom cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Zoom expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the Zoom's expectations or any change in events, conditions or circumstance on which any such statement is based.

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