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Technology Stocks : Xilinx (XLNX)
XLNX 194.920.0%Feb 14 4:00 PM EST

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To: SemiBull who wrote (2687)1/8/2002 7:39:44 PM
From: SemiBull  Read Replies (1) of 3291
 
Xilinx Receives Lucent's Impact Supplier Of The Year Award

SAN JOSE, CA--(INTERNET WIRE)--Jan 08, 2002-- Xilinx, Inc. (NASDAQ: XLNX - news) today announced it has been selected as Lucent's "Impact Supplier - Supplier of the Year" for 2001. During Lucent's recent annual supplier meeting, Jose Mejia, president of Supply Chain Networks at Lucent, presented the Xilinx team with Lucent's highest honor for a supplier. Xilinx was selected for the award for helping Lucent shorten product development times and reduce the cost of delivering next-generation solutions through the use of programmable logic devices.
"To build world-class networks, you need to work with world-class suppliers," said Joe Carson, vice president for Supplier Management at Lucent Technologies. "Our collaboration with Xilinx is helping drive rapid, innovative deployment of next-generation networks for the world's largest service providers. This is an outstanding example of the effectiveness of our recently adopted Supplier Relationship Program."

Under Lucent's Supplier Relationship Program, Lucent and its suppliers collaborate on cost-reduction initiatives and design, share technology roadmaps to provide access to newest developments and often dedicate co-located, on-site resources to one another. This provides both parties with valuable insight into the ever-changing demands of the industry and enables them to drive toward mutually developed business goals.

"We are honored to receive this award from Lucent and are proud of their recognition of the value of Xilinx programmable logic solutions," said Clay Johnson, vice president and general manager of the General Products Division at Xilinx, who accepted the award on behalf of Xilinx. "This award represents a win-win for both companies by providing Lucent with early access to leading technologies and Xilinx with early participation in Lucent's product development cycle. Our collaboration ultimately is a win-win for our mutual customers through the delivery of low-cost, innovative technologies for next generation solutions."

This was the first time Xilinx was nominated for Lucent's "Impact Supplier - Supplier of the Year" award. Xilinx was selected for the award out of several Lucent strategic suppliers, including a cross section of component suppliers to logistics and distribution providers.

About Xilinx

Xilinx is the leading innovator of complete programmable logic solutions, including advanced integrated circuits, software design tools, predefined system functions delivered as intellectual property cores, and unparalleled field engineering support. Founded in 1984 and headquartered in San Jose, Calif., Xilinx invented the field programmable gate array (FPGA) and fulfills more than half of the world demand for these devices today. Xilinx solutions enable customers to reduce significantly the time required to develop products for the computer, peripheral, telecommunications, networking, industrial control instrumentation, high-reliability/military, low power portable and consumer markets. For more information, visit the Xilinx web site at www.xilinx.com.

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Contact:

Jennifer Wright
Xilinx, Inc.
408-879-7727
jennifer.wright@xilinx.com
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