Sequential Revenue and Income Growth Expected

    SANTA CLARA, Calif., Jan. 21 /PRNewswire/ -- FVC.COM (Nasdaq: FVCX), the
worldwide leader in broadband video networking, today reported anticipated
results for the fourth quarter of 1998.  The company indicated that sales and
operating income grew modestly compared with the third quarter of 1998, but
will be below analysts' expectations.
    Revenues for the fourth quarter ended December 31, 1998 are currently
estimated to be slightly above the $12.0 million reported for the third
quarter of 1998; the company reported revenue of $7.6 million for the fourth
quarter of 1997.
    Actual results for the fourth quarter and year ended December 31, 1998
will be released on January 28, 1999.
    Commenting on the announcement, Chief Executive Officer Rich Beyer said,
"During the quarter, we continued to strengthen our competitive position
worldwide in providing Next Generation Internet video systems.  We achieved
record bookings, revenues and income in the fourth quarter.  However, orders
were heavily back-end loaded during the quarter, and we were unable to fully
ship all orders.  We are taking a number of operational steps to improve our
ability to deal with similar occurrences in future quarters.  We are pleased
with another record quarter and remain confident in the markets for our
products and in our plans for growth in 1999."

    About FVC.COM
    FVC.COM is the leader in broadband video networking for the Next
Generation Internet (NGI).  FVC.COM's products enable end-to-end video in a
wide range of room and desktop environments for video applications such as
distance learning, distance meetings, and distance medicine.  Founded in 1993
by technology pioneer Ralph Ungermann, FVC.COM designs, manufactures and
supports a full video networking product family that includes NGI access
devices, adapters, gateways and video storage servers.
    FVC.COM's distribution and system integration partners include leading
telecommunication and networking companies throughout the world, such as
Ascend Communications, Bell Atlantic Network Integration, British
Telecommunications plc, EDS, France Telecom, IBM, Lucent Technologies, NEC and
Nortel.

    Cautionary Statement
    Except for the historical information contained herein, this news release
contains forward-looking statements, including, without limitation, statements
containing the words, "believes," "anticipates," "expects" and words of
similar import.  Such forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause the actual results,
performance or achievements of the Company, or industry results, to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements.  Such factors
include, among others:  the Company's limited operating history and
variability of operating results, market acceptance of video technology,
dependence on ATM backbone technology and the Next Generation Internet,
potential inability to maintain business relationships with distributors and
suppliers, rapid technological changes, competition in the video networking
industry, the importance of attracting and retaining personnel, management of
the Company's growth, consolidation and cost pressures in the video networking
industry, dependence on key employees and other risk factors referenced in the
Company's Registration Statement on Form S-1, File No. 333- 38755, declared
effective on April 29, 1998.

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