To: Glenn who wrote (6501 ) 1/9/1999 5:00:00 PM From: MARK C. Respond to of 90042
SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 14, 1998--The Fabless Semiconductor Association (FSA) recognized MMC Networks (Nasdaq:MMCN) as an Outstanding Financial Performer at the FSA's Anniversary Dinner Celebration on Dec. 8, 1998. The event attracted over 900 of the industry's top executives. The FSA recognized those companies that doubled their revenue or net income year-over-year, for the twelve-month period ending September 1998. MMC Networks was one of the winners of the Outstanding Financial Performance awards. The FSA 1998 Anniversary Dinner Celebration was sponsored by leading fabless partners and supporters: American Microsystems, Inc. (AMI), Asahi Kasei Microsystems Co., Ltd. (AKM), BT Alex.Brown, Ernst & Young LLP, Gary Cary Ware & Freidenrich, LTX Corporation, Mentor Graphics Corporation, Morgan Stanley Dean Witter, NationsBanc Montgomery Securities, Inc., Silicon Valley Bank, STATS, Synopsys, Teradyne, TSMC and UMC Group. About the Fabless Semiconductor Association The FSA was formed in July 1994 by industry leaders wishing to achieve a more optimal balance between wafer demand and capacity for fabless companies. The FSA represents an exploding industry consisting of over 200 North American fabless companies. The mission of the FSA is to stimulate technology and foundry capacity by communicating the future needs of the fabless semiconductor segment in terms of quantity and technology; to provide interactive forums for the mutual benefit of all FSA members; and to be a strong, united voice on vital issues affecting the future growth of fabless semiconductor companies. The FSA can be reached on the World Wide Web at fsa.org . About MMC Networks MMC Networks is a leading developer and supplier of network processors including high-performance, open-architecture, software-programmable processors optimized for networking applications. The company's network processors form the core silicon "engines" of LAN and WAN switches and routers and are designed to allow network equipment vendors to rapidly develop high performance, feature-rich, cost-effective products supporting a broad range of networking functions. CONTACT: Berlin Communications for MMC Networks Annie Berlin, 650/321-6136 Annieb@berlin.com or Fabless Semiconductor Association Jodi Shelton, 972/866-7579 (Executive Director) jshelton@fsa.org Debbie Scoggin, 972/866-7579 (Marketing Director) dscoggin@fsa.org