EXHIBIT 99.1
Published on October 11, 2002
Exhibit 99.1
NEWS RELEASE
MARVELL(R) INTRODUCES FEATURE-RICH YUKON(TM) GIGABIT ETHERNET CONTROLLER FOR
DESKTOP APPLICATIONS
Amends Existing Intel Agreement to Speed Market Deployment of Yukon Product
Sunnyvale, CA. (October 11, 2002) - Marvell(R) (NASDAQ: MRVL), a technology
leader in the development of extreme broadband communications solutions, today
introduced its Yukon Gigabit Ethernet controller, offering OEMs "future-proofed"
10/100/1000 plug-and-play PC network connections. The Marvell single-chip Yukon
device integrates the Company's market-leading Alaska(R) Gigabit PHY with its
proven Gigabit MAC and its complete suite of software drivers. Marvell's Yukon
product further extends the Company's leadership in driving cost-effective
10/100/1000 solutions to the desktop and in offering accelerated Gigabit
Ethernet deployment.
The Yukon product is the first desktop solution in the industry to incorporate
advanced cable diagnostics by incorporating Marvell's Virtual Cable Tester(TM)
(VCT) technology. VCT enables IT managers to easily identify cabling issues with
pinpoint accuracy, thus significantly reducing network deployment and
maintenance costs. In fact with VCT, deploying Gigabit Ethernet is now more
cost-effective than deploying Fast Ethernet.
The Yukon product is optimized for 32-bit PCI clients, and is the world's first
single-chip Gigabit Ethernet PCI product in a 128-pin LQFP package. With the
lowest pin count for such a device, the Yukon product minimizes board space,
simplifies signal routing and reduces the number of required PCB layers,
resulting in the most cost-effective motherboard and low profile NIC
implementation on the market today.
Marvell's Yukon product delivers the most comprehensive suite of software device
drivers, and makes the Yukon product ideal for client applications. As a result
of the acquisition of SysKonnect GmbH, Marvell is the only merchant silicon
provider that supplies a comprehensive suite of software device drivers for all
operating system platforms, including Microsoft(R) Windows(R) 98/Me, NT, 2000,
and XP, Linux, SUN(R) OS, IBM(R) AIX((TM)), Novell Netware, and HP(R)-UX. Along
with its Yukon product offering, Marvell provides a complete reference design
for quick time-to-market implementations.
"After completing millions of unit shipments of Gigabit Ethernet devices,
Marvell brings high-integration, high-volume economics to 10/100/1000 LOM/NIC
implementations, and makes triple speed the logical choice for new desktop
network connections. As a result of this cost-effective product offering,
Marvell makes choosing Gigabit Ethernet an easy decision for OEMs by allowing
them to standardize on a reliable, plug-and-play, triple speed client network
connection," stated Ali Khan, Marvell's NIC/LOM Product Marketing Manager for
the Communications Business Group.
"The natural evolution of technology suggests that soon every PC will come
standard with 10/100/1000, completing the transition of Gigabit to the desktop.
With the addition of our single-chip Yukon device to our broad portfolio of
Gigabit-based PHY and switch products, Marvell is now the industry leader in
providing the most complete and robust Gigabit solution from the client to the
switch," Khan further stated. "Our solution will enable OEMs to standardize on
Gigabit Ethernet in all PCs."
In announcing its Yukon product, Marvell also announced an amendment to its
product development agreement with Intel Corporation. Under this amendment,
Marvell agreed to develop a new
integrated device for Intel. Furthermore under the amendment, Marvell and Intel
agreed to eliminate product introduction notice requirements and certain joint
marketing obligations that existed in the prior agreement. This amendment
permits the companies to extend their current product development efforts, while
allowing Marvell to freely market and sell its Yukon device.
AVAILABILITY
The Yukon desktop device and reference design are now available.
ABOUT MARVELL
Marvell (NASDAQ: MRVL) is the leading global semiconductor provider of complete
broadband communications solutions for the data communications and storage
markets. The Company's diverse product portfolio includes switching,
transceiver, communications controller, wireless, and storage solutions that
power the entire communications infrastructure, including enterprise, metro,
home, and storage networking. As used in this release, the terms "Company" and
"Marvell" refer to Marvell Technology Group Ltd. and its subsidiaries, including
Marvell Semiconductor, Inc. (MSI), Marvell Asia Pte Ltd (MAPL), Marvell Japan
K.K., Marvell Taiwan Ltd., Marvell International Ltd. (MIL), Galileo Technology
Ltd., and SysKonnect GmbH. MSI is headquartered in Sunnyvale, Calif., and
designs, develops and markets products on behalf of MIL and MAPL. MSI may be
contacted at (408) 222-2500 or at www.marvell.com.
SAFE HARBOR STATEMENT OF MARVELL UNDER THE PRIVATE SECURITIES LITIGATION REFORM
ACT OF 1995: This release contains forward-looking statements based on
projections and assumptions about our products and our markets. Words such as
"anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates,"
"may," "will," "should," and their variations identify forward-looking
statements. Statements that refer to, or are based on projections, uncertain
events or assumptions also identify forward-looking statements. All such
statements are not guarantees of results and are subject to risks and
uncertainties. Some risks and uncertainties that may adversely impact the
statements in this release include, but are not limited to, the timing, cost and
successful completion of development and volume production, end-customer
qualification and adoption, and the timing, pricing, rescheduling, or
cancellation of orders. For other factors that could cause Marvell's results to
vary from expectations, please see the sections titled "Additional Factors That
May Affect Future Results" in Marvell's annual report on Form 10-K for the year
ended February 2, 2002 and Marvell's subsequent reports on Form 10-Q. We
undertake no obligation to revise or update publicly any forward-looking
statements.
Marvell(R), the Marvell logo, Virtual Cable Tester, and Yukon are trademarks of
Marvell. All other trademarks are the property of their respective owners.
For further information, contact: Kathryn Gentry
Director, Corporate Communications
Marvell Semiconductor, Inc.
Tel.: 408.222.2500
E-mail: kathy@marvell.com
Ali Khan
Product Marketing Manager
Marvell Semiconductor, Inc.
Tel.: 408.222.2500
E-mail: akhan@marvell.com