To: Czechsinthemail who wrote (8603 ) 9/27/2000 2:53:42 PM From: DJBEINO Read Replies (1) | Respond to of 9582 Fast-Chip Selects UMC for the Manufacturing of Its Network Processors; Network Coprocessors Scheduled For Fabrication in Q1 2001 Business Editors/High-Tech Writers SUNNYVALE, Calif.--(BUSINESS WIRE)--Sept. 27, 2000--Fast-Chip, Incorporated, a fabless semiconductor company dedicated to high performance communications ICs, announced today it selected United Microelectronics Corporations (UMC), a world leading semiconductor foundry, as its premier foundry. UMC has committed to provide manufacturing capacity to Fast-Chip for a series of Fast-Chip's network coprocessors starting with their first-generation product, the PolicyEdge(TM). Fast-Chip is gaining access to UMC's 0.18-micron process technology which it plans to utilize to develop next-generation products. Fast-Chip's sales opportunities are coming from network equipment companies looking to develop next-generation networking solutions. Networking OEMs' requirements for products that support complex policy-based networking at OC-48 and OC-192 data rates are the driving force behind the projected strong industry demand. "UMC's wafer allocations for Fast-Chip will afford us with capacity and flexibility to meet customer requirements," said Brad Robson, Fast-Chip's director of operations. "After a thorough review of the capabilities of UMC we are confident they will be a solid partner as they can provide us with a reliable flow of high-quality product." Fast-Chip currently targets three distinct market segments with the PolicyEdge(TM) family. These include: core/edge routers and optical switches, multi-service provisioning platforms (MSPPs), and the broadband access markets. Products that will benefit from the PolicyEdge(TM) network coprocessors include: VPN devices, bandwidth managers, fast-firewalls, service aggregation devices, core switch routers, and switch-based server clusters. "Fast-Chip has been working with UMC since our earliest days," said Gregg Cook, Fast-Chip's president and CEO. "UMC is clearly a world-class supplier of foundry services, and we are pleased to have the company as our sole foundry partner." "Fast-Chip is developing innovative products that require advanced process technologies, and we are pleased to serve their foundry needs," said Jim Ballingall, vice president of worldwide marketing at UMC. "We are proud to provide the world-class advanced process technology and foundry capacity necessary to enable Fast-Chip to deliver high-quality products to its OEMs in fast turn-around cycles."biz.yahoo.com