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Technology Stocks : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?

To: SemiBull who wrote (11418)	8/5/2002 7:33:41 PM
From: SemiBull	Read Replies (1) \| Respond to of 11555

IDT Ships Its One Millionth IP Co-Processor Industry-First Milestone Provides Support for Emerging Market Segment SANTA CLARA, Calif.--(BUSINESS WIRE)--Aug. 5, 2002--IDT (Integrated Device Technology, Inc.)(Nasdaq:IDTI - News), a leading communications IC company, today furthered its position as the leading vendor of switching and routing semiconductors with the shipment of its one millionth IP co-processor. This milestone is the industry's first, and was achieved in less than two and a half years since IDT's initial product shipment, demonstrating the company's commitment and capability to provide innovative IP co-processor solutions in volume production quantities. "The shipment of IDT's one millionth IP co-processor speaks to the reality and potency of this emerging network search engine market area," said Jag Bolaria, senior analyst at the Linley Group. "In a competitive market segment, IDT has built upon its solid technological foundation and understanding of customer requirements, and has proven itself to be a premier supplier of IP co-processor devices." Based on the integration of content addressable memory (CAM) and high-performance logic, IDT's IP co-processors support network processor units (NPUs) and application specific integrated circuits (ASICs) to accelerate deep packet classification and forwarding in core, metro and access networks. IDT offers the industry's broadest portfolio of IP co-processors, with its family of pin- and software-compatible ASIC-based devices, and with IP co-processors that glue-lessly interface to network processors from leading NPU vendors, including AMCC and Intel. "With more than 20 years of experience in supplying communications ICs, standard logic and specialty memories, we deliver best-in-class quality in high volume and are pleased to lead the industry in this competitive market space," said Dave Cech, director of tactical marketing for IDT's IP co-processors. "This milestone exemplifies our consistent time-to-production abilities, as well as our continuing commitment to provide the highest-value proposition through a combination of innovative product features, accelerated time to market and device quality." A high-resolution, downloadable product photo is located at idt.com. About IDT www.idt.com -------------------------------------------------------------------------------- Contact: IDT Corporate Communications, Santa Clara Lindsay Okamoto, 408/492-8314 lindsay.okamoto@idt.com