Cavium Networks wins FSA’s most respected private company award

MOUNTAIN VIEW, CA — Cavium Networks, a world leader in networking, security and embedded processor solutions, announced that the Fabless Semiconductor Association (FSA), voice of the global fabless business model, recognized Cavium Networks as the Industry’s Most Respected Private Fabless Company at the Association’s 2006 Awards Dinner Celebration in Santa Clara, California. Cavium Networks received this award for an unprecedented third time, for its product, vision, strategy and future opportunity.

From over 900 private fabless semiconductor companies worldwide, this award is bestowed annually upon the company most respected in terms of product, vision, strategy, future opportunities and likelihood of long-term success. Previous winners of this award include NVIDIA, Marvell and Atheros Communications. The award process consists of nomination by an FSA committee of industry experts and then final selection by the fabless community, semiconductor financial and industry analysts and suppliers.

“We are pleased to recognize Cavium Networks, an FSA member since 2003, as the winner of the Most Respected Private Fabless Company Award for the third time as voted by the industry,” said Jodi Shelton, co-founder and executive director of FSA. “Receiving this award, once again, speaks volumes to the company’s reputation. We congratulate Cavium Networks on its innovation and exemplary leadership.”

“Over the past 6 years, Cavium has established a strong track record of consistent innovation, product execution and growth,” said Syed Ali, President and CEO of Cavium Networks. “We are honored to receive this prestigious award, which recognizes the tremendous commitment of our team in working with our customers and partners towards building a successful business.”

Syed Ali, President & CEO

Syed Ali has served as President & CEO of Cavium Networks since its inception in 2001. He has over 20 years of management and engineering experience in the semiconductor industry. Prior to Cavium Networks, Syed Ali was a founding management team member and VP Marketing/Sales at Malleable Technologies, a communication chip company focused on Voice over Packet processors.

Malleable was acquired by PMC-Sierra in June 2000. Earlier, he served as Vice President, Marketing at I-Cube which developed switch fabrics and chipsets for networking. He also spent 4 years as Executive Director, Samsung Electronics, where he started the Flash memory and CPU businesses and put together the business plans and strategies that drove sales in each line to over $100M in less than two years.

Syed also spent over 10 years at WSI/SGS-Thompson, and Hewlett Packard (Tandem) where he was involved with product line management and product design. He earned a MSEE from the University of Michigan, Ann Arbor in 1981 and BSEE from Osmania University, Hyderabad, India in 1980.

9-3