TeraGlobal Communications Announces Record Sales for 1st Quarter; TeraGlobal Reports Sales of Over $300,000 in February and March

Apr 02, 2001, 01:00 ET from TeraGlobal Communications Corp.

    SAN DIEGO, April 2 /PRNewswire/ -- TeraGlobal Communications Corp.
 (Nasdaq:   TGCC) today announced that is has booked sales in excess of
 $300,000 in the first quarter of fiscal 2001.  The sales were recorded
 entirely in February and March.  The projected gross margin on those first
 quarter sales is estimated at between 75% and 90%.  If realized, this will
 exceed the total gross margin realized by the company over the prior two years
 combined.
     The bookings come primarily from software license sales of TeraMedia(R),
 TeraGlobal's real-time conferencing and collaboration software suite.  These
 sales also include license fees for components of TeraGlobal's advanced
 networking software licensed to OEM partners, and development fees for
 customized software solutions.
     "I made it clear when I came on board in February that the company would
 re-focus its resources on achieving sales with margin quickly, and I am
 excited that we are executing so well on that plan and seeing real results in
 only two months," said Robert Randall, CEO of TeraGlobal.  "I am pleased with
 the reception of our product in our target markets of education, enterprise,
 and government end-users, and with the enthusiasm in the OEM and service
 provider markets for our unique voice, video, and data networking
 technologies."
     Mr. Randall expressed real optimism for Q2 in saying that "In addition to
 our Q1 bookings, we have over $600,000 of business currently in the sales
 process.  We can leverage our current momentum for increased TeraMedia(R)
 sales, increased technology licensing, increased development fees, and new
 strategic partnerships in coming months."
 
     About TeraGlobal Communications
     TeraGlobal Communications Corp. enables truly integrated real-time digital
 communications through advanced networking software.  TeraGlobal's
 patent-pending network technology and software solutions provide one of the
 networking industry's first guaranteed Quality of Service or Class of Service
 for delivering simultaneous voice, video and data on integrated broadband
 networks.  TeraGlobal's flagship software product, TeraMedia(R), is the first
 solution incorporating TeraGlobal's network technology.  TeraMedia(R) is a
 next generation software product suite that enables real-time interactive
 delivery of voice, video and data between multiple points simultaneously
 across any IP or ATM broadband network.  Founded in 1998, TeraGlobal is
 headquartered in San Diego with development offices in Logan, Utah.
 Additional information is available at http://www.teraglobal.com or by sending
 an email inquiry to info@teraglobal.com.
 
     TeraGlobal and TeraMedia are registered trademarks of TeraGlobal
 Communications Corp.  Other trademarks are properties of their respective
 owners.
 
     Certain matters discussed in this press release may contain
 forward-looking statements that may involve risk and uncertainties, including
 but not limited to, product availability and delivery dates, market acceptance
 of products and services, as well as other factors detailed in the Company's
 filings with the Securities and Exchange Commission.
 
 

SOURCE TeraGlobal Communications Corp.
    SAN DIEGO, April 2 /PRNewswire/ -- TeraGlobal Communications Corp.
 (Nasdaq:   TGCC) today announced that is has booked sales in excess of
 $300,000 in the first quarter of fiscal 2001.  The sales were recorded
 entirely in February and March.  The projected gross margin on those first
 quarter sales is estimated at between 75% and 90%.  If realized, this will
 exceed the total gross margin realized by the company over the prior two years
 combined.
     The bookings come primarily from software license sales of TeraMedia(R),
 TeraGlobal's real-time conferencing and collaboration software suite.  These
 sales also include license fees for components of TeraGlobal's advanced
 networking software licensed to OEM partners, and development fees for
 customized software solutions.
     "I made it clear when I came on board in February that the company would
 re-focus its resources on achieving sales with margin quickly, and I am
 excited that we are executing so well on that plan and seeing real results in
 only two months," said Robert Randall, CEO of TeraGlobal.  "I am pleased with
 the reception of our product in our target markets of education, enterprise,
 and government end-users, and with the enthusiasm in the OEM and service
 provider markets for our unique voice, video, and data networking
 technologies."
     Mr. Randall expressed real optimism for Q2 in saying that "In addition to
 our Q1 bookings, we have over $600,000 of business currently in the sales
 process.  We can leverage our current momentum for increased TeraMedia(R)
 sales, increased technology licensing, increased development fees, and new
 strategic partnerships in coming months."
 
     About TeraGlobal Communications
     TeraGlobal Communications Corp. enables truly integrated real-time digital
 communications through advanced networking software.  TeraGlobal's
 patent-pending network technology and software solutions provide one of the
 networking industry's first guaranteed Quality of Service or Class of Service
 for delivering simultaneous voice, video and data on integrated broadband
 networks.  TeraGlobal's flagship software product, TeraMedia(R), is the first
 solution incorporating TeraGlobal's network technology.  TeraMedia(R) is a
 next generation software product suite that enables real-time interactive
 delivery of voice, video and data between multiple points simultaneously
 across any IP or ATM broadband network.  Founded in 1998, TeraGlobal is
 headquartered in San Diego with development offices in Logan, Utah.
 Additional information is available at http://www.teraglobal.com or by sending
 an email inquiry to info@teraglobal.com.
 
     TeraGlobal and TeraMedia are registered trademarks of TeraGlobal
 Communications Corp.  Other trademarks are properties of their respective
 owners.
 
     Certain matters discussed in this press release may contain
 forward-looking statements that may involve risk and uncertainties, including
 but not limited to, product availability and delivery dates, market acceptance
 of products and services, as well as other factors detailed in the Company's
 filings with the Securities and Exchange Commission.
 
 SOURCE  TeraGlobal Communications Corp.