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June 29, 2004


Governor praises company for 25 years of growth and job creation


MARLBOROUGH – Governor Mitt Romney today officially welcomed the world headquarters of 3Com Corporation to Massachusetts and joined the company’s 1,900 employees across the globe to recognize its 25th anniversary.


“With the state’s unemployment rate steadily decreasing and with companies like 3Com announcing job growth, our state has a lot to celebrate today,” said Romney. “Our economic policies are contributing to the improvement in the Massachusetts employment picture, but we still have more work to do. Holding the line on taxes and creating a business-friendly environment will continue to be among our highest priorities.”


Romney noted that 3Com is the kind of innovative technology company that his economic development team is committed to attracting and retaining in Massachusetts.


“The relocation of 3Com’s world headquarters from California to Marlborough represents jobs and a boost for the Massachusetts economy,” he said.


3Com, a leading provider of voice and data networking products, services and solutions, relocated its headquarters from Santa Clara, California last summer. They are now actively recruiting for various positions including operations, marketing and finance functions as well as senior level engineers.


“June 2004 is a significant month for 3Com,” said CEO and President Bruce Claflin. “In June 1979, 3Com began an unparalleled history of 25 years of innovation that transformed the way the world exchanges information. In June 2003, 3Com began moving its headquarters to Marlborough as it furthers its strategic focus on the enterprise networking market. And in June 2004, I'm pleased that for our most recently completed fiscal quarter in 2004 we’ve experienced a 5 percent increase in revenue over our fourth fiscal quarter in 2003 - marking a major milestone in our turnaround efforts.


“We’re delighted Governor Romney will be kicking off our employee celebration of these milestones, particularly considering his support of our move to Marlborough and his proven abilities in turning around organizations,” said Claflin.




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