For Apcom, it was the year of Dax. Selling over one lakh Dax Internet modems, it has emerged as the #2 brand with 14.54 percent market share. This is no small an achievement by any standard, especially when there is a fiery gray market and a multitude of players. Dax modems with revenues worth Rs 22.8 crore have been the single largest contributor to its topline of Rs 57.13 crore.

Apcom has been positioning itself as a networking OEM supplier since 1988. While its business development channel is geared for promoting products, brand management, and relation management with its principals, the sales channel concentrates on selling and supporting all products sold to distributors, dealers, OEMs, SIs, and VARs. It does not sell directly to end-users. It has distribution tie-ups with Compex, Eicon, Perle Specialix, and Nordx/CDT. To address the changing e-business requirement of distribution, it has implemented an intranet facility and is in the process of setting up an extranet too.

The success story of its new range of Dax modems would be replicated to its Dax range of Ethernet products and AMR modem cards this year. And all this is expected to bring it revenues worth Rs 40 crore in the current year from the Dax portfolio. It may be mentioned here that NICs accounted for Rs 10.40 crore of revenues in 1999-00, with hubs, routers, and switches together pooling for Rs 15.52 crore. With all these products in its kitty, it aims at crossing the Rs 75 crore-mark in fiscal 2000.