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JULY 14th, 2005
Perfisans Lands $2.5 Million Contract for Boards Based on its
Network Chips
Perfisans Networks Corporation (OTCBB:PFNH) has reported that Zhejiang Orient FSP Communication
Company Ltd.(FSP) is expected to purchase $2.5 million worth of its ENA5031 network accelerator board, complete with Perfisan’s
ENA1001 TCP/IP Offload Engine (TOE) network accelerator chips. The initial order is for $40,000.00 of the boards, with the
remainder of the purchase expected to be completed over the next 12 months.
Hon Lam, President of Perfisans, emphasized that the selection of
his company’s product was based on extensive beta site testing, "FSP conducted intensive, long term functionality and
reliability tests with their beta customer. As a result of these tests, Perfisans has received its first complete board level
product order. This order was issued after FSP tested the board under their 802.16 WiMax Wireless Broadband platform for several
months and compared Perfisans' functionality performance against Intel products. It is very encouraging that FSP found significant
cost and performance advantages in using Perfisans' product as compared to similar boards at higher costs."
As a result of the successful evaluation and order, FSP plans to
focus on sales and the integration of Perfisan’s board into all of its network solutions.
JULY 8th, 2005
EZchip Technologies Ltd. (a subsidiary of LanOptics Ltd., NASDAQ:LNOP),
a fabless semiconductor offering 10 Gbps network processors, has secured $10 million in Series C funding. LanOptics maintained
a majority interest in the company through an investment of $6.9 million.
MAY 10th, 2005
Fulcrum Brings in $20
Million of Venture Capital for Clockless Technology Fulcrum Microsystems, a fabless low-latency interconnect chip company, has raised $20 million
in a Series C funding round. Granite Ventures led the financing round which was joined by existing investors Infinity Capital,
New Enterprise Associates, Palomar Ventures and Worldview Technology Partners.
Sam Kingsland, Managing Director of
Granite Ventures commented on the market for Fulcrum's clockless technology, "The Fulcrum team has proven their ability to
deliver commercial devices that are differentiated by the virtues of their unique clockless technology. We're looking forward
to working with the company as it leverages its technology to capitalize on exciting new opportunities in the data center."
Fulcrum's technology, a clockless technology, eliminates the system clock from a design. The company indicates that
such a design methodology results in lower power consumption, reduced design time, and lower costs via the capability to more
easily include more logic functions in a chip.
APRIL 25th, 2005
Digi International Reports Revenue Gains, Optimistic About
the Year
Digi International Inc. (NASDAQ: DGII), which operates in the integrated circuit market through
its NetSilicon Inc. subsidiary reported that its revenue for the second quarter of its fiscal 2005 year reached $29.3 million
compared to $27.3 million in the second fiscal quarter of 2004. For the six months ended March 31, 2005, Digi stated revenue
of $58.8 million compared to revenue of $53.6 million for the same period in 2004. Digi's Device Networking Solutions products,
which include NetSilicon and the company's device server product lines, also reported larger revenue gains. Overall that unit
had revenue of $10.1 million in the second quarter of fiscal 2005 compared to $9.0 million in the second quarter of fiscal
2004. For its third quarter, Digi projects revenue will be in the range of $29.3 million to $30.8 million. For the entire
fiscal 2005 year, Digi foresees an overall gain in revenue of about 10 percent over 2004 levels.
During the latest quarter, NetSilicon announced the NS9369, its
third NET+ARM microprocessor and associated software suite of support tools.
APRIL 25th, 2005
Xelerated Closes
$17 Million For ASIC Based Network Processing Chip
Xelerated, a fabless semiconductor company that plans to sample its high end X11 Network
Processor in July, closed $17 million in a Series Round C from Accel Partners and Amadeus Capital Partners.
Johan Börje, CEO of Xelerated remarked about his company's customers
and profitability, "With the backing of such solid investors and more than 15 customer designs hitting volume production this
and next year, I am confident in our continued success. We now have a fully funded business plan taking us to profitability
in 2006,"
Joe Golden of Accel Partners commented about Xelerated's product
acceptance in the metropolitan communications market, "Xelerated's Tier-1 customer engagements in the high-volume, high-growth
metropolitan Ethernet market convinced us that Xelerated will emerge as the number one provider of merchant silicon for this
segment. Their unique architecture and its ability to meet the demand for low-cost, feature-flexible Ethernet solutions clearly
put Xelerated ahead of the competition."
APRIL 25th, 2005
NetLogic Revenues Jump 43 Percent, Announces Low Power
Network Processor
NetLogic Microsystems, Inc. (NASDAQ:NETL), a high growth network processor fabless company,
announced an first quarter of 2005 revenues of $21.8 million, a sequential increase of 43 percent over fourth quarter revenue
of $15.2 million. Ron Jankov, CEO, gave reasons for the increase, "Demand for our knowledge-based processors continued to
grow as customers migrated to 10 Gigabit Ethernet (10GbE) infrastructure to handle increased processing needs. Two major events
drove the first quarter's revenue increase. First, we saw a significant order late in the quarter as a current customer needed
additional product to stock a new production line in Asia. We view this stocking order as a one-time event. Second, we received
a pull-in of an order for a major build of a new product."
The company with the announcement of its revenues reported that
it developed a low-power version of its NL5000 knowledge-based processor, which the company reports also has a higher operating
speed and costs less to manufacture. The processor is estimated to require 40 percent less power than previous versions.
APRIL 6th, 2005
Infrant Technologies, a fabless semiconductor company, has introduced
its IT3107 and IT3102 network storage processors along with a license for its Network Attached Storage software. The
highly integrated IT3100 system on a chip family includes 32-bit RISC CPUs, Serial ATA interface, a 64-bit DDR-SDRAM interface,
encryption / decryption engine and in order to simplify in-board test, support of JTAG boundary scan. The processors also
include a Gigabit Ethernet MAC. According to Paul Tien, President at Infrant Technologies, "Many user benefits are derived
by integrating advanced network and storage features into a network storage processor. The Infrant IT3100 network storage
processor family reduces the number of core chips needed for storage and media servers, increasing performance and overall
reliability while consuming less power at a lower cost."
The Infrant network storage processors start at $80
in 1,000-unit quantities and include a license for Infrant's NAS software package.
FEBRUARY 17th, 2005
Gigabit Network Process Chip Propels LanOptics’
Revenue Skyward - Up 160 Percent
LanOptics, which derives its revenues from its chip subsidiary, EZchip
Technologies, reported that its 2004 revenues hit $4.75 million, up from $1.76 million in 2003. The jump, according to one
market research study, has made the company one of the leaders in the Gigabit Network Processor chip market. LanOptics
says that it now has 44 customers and that most of its products are in the early production stage.
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