SwitchCore's Customer Corecess Inc. starts production with SwitchCore-based Platform

7/1/2002 - SwitchCore AB (publ.), developer of integrated switching devices for internet and data communications, today announces that a recently announced customer, Corecess Inc. is shipping the Corecess 7032 High-performance Enterprise Switch to customers. Corecess 7032 is based on SwitchCore's CXE-16 and CXE-1000 switch/router engines.

"We are pleased to see the market's interest in Corecess 7032 that has brought Corecess to production of their CXE-based products. Corecess has placed an initial order to start production, valued 1.5 MSEK. We are confident to receive larger orders related to the expected success of Corecess' Gigabit Ethernet products"; says Henric Isacsson, President and CEO of SwitchCore.

The order includes CXE-16 and CXE-1000 switch/router devices for Fast and Gigabit Ethernet and CXE-5000 CAM devices.

About SwitchCore
SwitchCore AB is a fabless semiconductor company that designs, develops, and markets integrated silicon devices for network equipment manufacturers and suppliers, worldwide. SwitchCore's CXE technology significantly increases the bandwidth and performance of switches and routers. The flagship product, the CXE-16, an integrated switching device, can switch up to 24 million packets per second. The SwitchCore Group has about 90 employees and offices in Lund and Stockholm in Sweden, San Jose, California and Boston, Massachusetts in the US and Singapore in Asia. The company is quoted on the Stockholm Exchange's Attract 40-list under the SCOR ticker. For more information: http://www.switchcore.com

For further information:
Henric Isacsson, President and CEO
Phone: +46 46 270 26 06
Cell: + 46 709 82 96 06
Email: henric.isacsson@switchcore.com

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