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Technology Stocks : Vitesse Semiconductor

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To: Cameron who started this subject4/11/2001 4:28:10 PM
From: Gene W   of 4710
 
Boy this is getting tough - VTSS is in my short term trading account. Unfortunately, I bought too soon basis is 27.69. Glad to see this rally. If I sell I'll have mixed emotions, seems like a good company. (I know this is busines keep emotions out.)

Any one notice the typo in item below, .....16 OC-18 ports.... I assume should be OC-48.

04/09 08:04 Vitesse Announces Expansion Strategy for Switch Fabric Product
Line; <VTSS.O>

Vitesse Announces Expansion Strategy for Switch Fabric Product Line; Introduces Crosstream E Chipset for Access Markets
CAMARILLO, Calif.--(BUSINESS WIRE)--April 9, 2001--Vitesse Semiconductor Corporation (NASDAQ:VTSS) today unveiled an expanded switch fabric strategy to deliver a family of industry-leading, scalable packet fabrics for Core, Access, Optical, and Enterprise networking markets.

Designed to provide a ubiquitous solution across multiple system markets, Vitesse's switch fabrics offer leading edge performance and a low risk methodology for new system development. Vitesse also announced the first implementation of this strategy, with the introduction of the CrossStream(TM) E chipset.

Furthering the company's penetration into the high-value communications equipment market, the expanded strategy focuses on providing a broad range of switch fabric products based upon industry-standard interfaces and advanced QoS capabilities. As this strategy unfolds over the next several quarters, the company will leverage its leadership in high performance interconnect ICs with efficient CMOS technology, to become the leading provider of scalable fabrics across a wide range of platforms.

"Our customers have told us that they want low risk fabric solutions that scale seamlessly across multiple generations of systems," said Gary Lee, vice president for switch fabric development. "Our philosophy is to couple our proven serial backplane technology with best-in-class switch fabric architectures. In doing so, we've established a roadmap of fabric products that allows our customers to future-proof their systems, allowing easy migration to larger platforms in the future while protecting today's investments in line cards."

"Many of our customers have only considered merchant switch fabric devices after detailed analysis of their own development capabilities. Clearly, the desired path for many OEMs is to partner with a reliable external supplier. With the introduction of products under the Vitesse switch fabric strategy, our customers will have the opportunity to select from several scalable solutions that deliver significant performance and integration advantages for Gigabit Ethernet, 10GbE, OC-48, and OC-192 based platforms," continued Lee. "The unique benefit to our customers is that they can work with a vendor they know and trust to deliver advanced technology backed by a highly trained support staff."

"We see the emergence of standard-product switch fabrics and backplane transceivers as a major trend in high-speed networking equipment, and semiconductor vendors who offer a complete chipset will have a competitive advantage," said Allen Leibovitch, Director of Semiconductor Research for RHK.

The Vitesse Intelligent Switch Fabric products achieve an unprecedented level of integration, incorporating all fabric functionality including queuing, scheduling, and switching, as well as serial backplane transceivers into two components. These devices utilize cost-effective CMOS technology and enable high availability in network systems with dedicated redundant serial links. Each Vitesse fabric is highly scalable through the addition of multiple switch devices, addressing a wide range of system capacities while maintaining full non-blocking performance for both unicast and multicast traffic. Interoperability between fabric products is eased via industry standard interfaces, such as CSIX, and common serial link signaling, significantly reducing implementation and time-to-market risks for end users.

Vitesse switch fabrics are supported with a broad range of applications notes, example board layout designs, and Vitesse's own highly trained applications engineering staff, all of which are critical for first pass success with multi-gigabit rate serial backplanes.

As the first step in the implementation of this strategy, Vitesse today also announced the introduction of the CrossStream E chipset, a packet- and cell-based intelligent switch fabric for Access markets. Cross-Stream E provides a transition for current CrossStream switch fabric customers to cost- and power-effective CMOS. Leveraging the same 2.125Gb/s serial backplane technology present in CrossStream, existing customers can easily upgrade their systems with the latest devices and achieve a four-fold reduction in power consumption while improving upon backplane signal integrity. CrossStream E supports up to 16 OC-18 ?????????????? ports and 64Gb/s of switching capacity in a fully redundant configuration.

The CrossStream E chipset is sampling now. The VSC870 transceiver is offered in a 192 BGA package and is priced at $79 in 1K quantities. The VSC882 intelligent switch is offered in a 304 BGA package and is priced at $145 in 1K quantities.

Vitesse Semiconductor Corporation is the leading designer and supplier of innovative, high performance semiconductors utilizing state-of-the-art processes for the manufacture of next generation DWDM and optical networking communications equipment. Vitesse also develops storage area networking ICs and enclosure management products that monitor and communicate critical reliability and availability information. The company's products address the needs of Core, Access, Optical and Enterprise network equipment manufacturers that demand a combination of high speed, high complexity and low power dissipation. Vitesse is headquartered in Camarillo, and operates two fabrication facilities in Camarillo and Colorado Springs.

--30--jc/la* rs/la

CONTACT: Vitesse Semiconductor Corporation

Patricia Ito, 805/388-3700

ito@vitesse.com

or

CMC Public Relations

Caroline Melnicoff, 650/324-8819

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