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PRESS RELEASE  

29 JAN 2001

 

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Parks Associates and Red Herring Team to Increase Knowledge of Home Networking and Residential Gateway Industries

In a nod to the dynamic potential of the home networking/residential gateway marketplace, Red Herring Magazine, with editorial content by Parks Associates, is developing a special section for its May blockbuster issue that examines and analyzes this growing market.

This special advertising and editorial section will be dedicated to the home networking and residential gateway marketplace, which Parks Associates projects will reach $8.2 billion by the end of 2004. Through its partnership with Red Herring, Parks Associates will contribute editorial to this section, including an overview of the home networking industry that will provide analysis, forecasts, and insight into this flourishing market.

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In addition to its normal 325,000 magazine distribution, this section will be distributed at CABA and Parks Associates' fifth annual CONNECTIONS™ conference, "The International Showcase for Home Networks and Gateways." Red Herring is a special publication sponsor for the conference, which will be held May 9-11 in Seattle, Washington.

"We are pleased to be working with a publication of Red Herring's stature," said Tricia Parks, president of Parks Associates. "But as important, we are pleased that Red Herring will help build more awareness and understanding of the market potential and target markets for home networking and residential gateways in the investment community. Due to Red Herring's strong position among investors and venture capital, this special issue provides companies participating in these emerging markets with a direct voice to that community."

"As broadband technologies converge to the home for advanced networking and entertainment, there will be tremendous opportunities in the home networking market" said Ed Meagher, Director of Special Projects for Red Herring. "We are proud to be able to partner with an industry leader like Parks Associates to present these opportunities to our 325,000+ readers."

About CONNECTIONS™: From May 9-11 2001, CABA and Parks Associates will host CONNECTIONS™ 2001: The International Showcase for Home Networks and Residential Gateways. This three-day conference, to be held at the Washington State Trade and Convention Center, is expected to bring together 1,000 attendees and 60 sponsoring companies to discuss the marketing and technical issues relating to home networks, residential gateways, and information appliances. For more information, visit www.connectionsconference.com.

About Parks Associates: Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.

The company's expertise includes new media, digital entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, consumer electronics, and home control systems and security.

Each year, Parks Associates hosts executive thought leadership conferences CONNECTIONS™, with support from the Consumer Electronics Association (CEA®), and CONNECTIONS™ Europe. In addition, Parks Associates produces the online publication Industry Insights in conjunction with the CONNECTIONS™ Conference series.

http://www.parksassociates.com | http://www.connectionsconference.com | http://www.connectionseurope.com | http://www.connectionsindustryinsights.com

About Red Herring: Red Herring is an integrated media company that provides strategic technology business information to the leaders of technology-driven businesses. Founded in 1993 to create and publish a national magazine, the company has evolved into the leading source of insider perspective on technology and business. Today, Red Herring Communications produces, distributes, and broadcasts its unique blend of news, commentary, and analysis online, in print, and through events. These media venues provide coverage of technology business news and events that is opinionated, predictive, and usable. Red Herring Communications is privately held and is based in San Francisco. For more information visit www.redherring.com.

About CABA: CABA is an industry association that promotes advanced technologies for the automation of homes and buildings in North America. CABA's mission is to encourage the development, promotion and pursuit of this automation through initiatives and collaborations like the CONNECTIONS™ conference, work with standards and protocol groups, and being a source of information for the industry and the public. CABA's flagship publication is the Home & Building Automation QUARTERLY - 60 pages of news, views and new products. Other publications include Event Reports and Information (research) Series, as well as special industry reports.

 

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