Silicom Extends into Additional Markets: Achieves Design Wins with Telecom, Storage and Acceleration Appliance Manufacturers; 3
June 09 2005 - 5:16AM
Business Wire
Silicom Ltd. (Nasdaq: SILCF) today announced that it has achieved
three new design wins, and received initial orders totaling about
$400,000, for its Multiport Gigabit Ethernet Adapter products from
manufacturers in three additional market segments, demonstrating
the excellent match of its flexible products with a wide range of
connectivity needs: -- A leading VAS (Value-Added Services)
solution provider will use Silicom's Quad-Port Gigabit Ethernet
Adapters to increase the throughput and connectivity of its
server-based SMS solutions. -- A manufacturer of advanced storage
solutions will use Silicom's Quad-Port Gigabit Ethernet Adapters to
maximize inter-server throughput. -- A manufacturer of data
acceleration appliances will use Silicom's Bypass Gigabit Ethernet
Adapter to guarantee data availability in times of appliance
failure, to enhance traffic throughput and to provide multiport
connectivity. "We are excited by the continuously growing momentum
of our multi-port Gigabit Ethernet server adapter business," said
Mr. Shaike Orbach, President and CEO of Silicom. "The strategic
importance of our success in the high-growth Security Appliance
sector, one of our first target markets, is illustrated by last
month's Design Win with a Tier 1 security industry player, which
has already resulted in $660,000 of orders, most of which has
already been delivered. Now, as demonstrated by these three new
Design Wins, we are expanding our horizons to additional market
segments which also need our high performance connectivity
solutions. We believe that all these markets and more represent
significant long-term potential that we are only beginning to
address." Silicom Ltd. is an industry-leading provider of
high-performance network connectivity solutions. The Company's
flagship products include a variety of multi-port Gigabit Ethernet
server adapters and innovative BYPASS adapters designed to increase
throughput and availability of security appliances and other
mission-critical gateway applications. Silicom also offers a broad
range of customizable PC Cards, PCI cards and USB products. For
more information, please visit: www.silicom.co.il. Statements in
this press release which are not historical data are
forward-looking statements which involve known and unknown risks,
uncertainties, or other factors not under the Company's control,
which may cause actual results, performance, or achievements of the
Company to be materially different from the results, performance,
or other expectations implied by these forward-looking statements.
These factors include, but are not limited to, those detailed in
the Company's periodic filings with the Securities and Exchange
Commission. The Company disclaims any duty to update such
statements.
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