6/10/2002 - Marvell® (NASDAQ: MRVL), a technology leader in the development of extreme broadband communications solutions, today announced that it received Semiconductor Insight's prestigious INSIGHT award for the Most Innovative Memory Semiconductor Product for 2001. This award recognizes Marvell for its achievement in switch designs with the Company's advanced GalNet®-2+ GT-48360 Gigabit Ethernet switch. "Marvell's ability to provide industry-leading Gigabit Ethernet switch solutions in a standard process has allowed manufacturers to greatly reduce the cost of their SOC, while retaining the speed of the SRAM," stated Derek Nuhn, Vice President and Chief Operating Officer of Semiconductor Insights. "Marvell was selected for this award for exhibiting such technical innovation with its advanced switching solutions." "Marvell is honored to be recognized by Semiconductor Insights for the Product of the Year Award," stated Gary Smerdon, Marvell's Vice President of Marketing for the Communications Business Group. "This award underscores our commitment to provide innovative and industry-leading solutions to our customers, and further validates our leadership position in Ethernet switching solutions."
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