[0] Marvell and Finisar Team Up to Offer the Industry's First Gigabit Solutions to Provide Complete Flexibility in Media Selection.

Business Editors & Technology Writers

SUNNYVALE, Calif.--(BUSINESS WIRE)--June 4, 2001

The Media Detect Feature of Marvell's New Alaska(TM) Ultra+ Device

and the Family of GBIC Modules From Finisar Offer Two

Approaches to Address Gigabit Media Selection

Finisar Corporation (NASDAQ:FNSR), a technology leader in Gigabit fiber-optic solutions for high-speed data networks, and Marvell (NASDAQ:MRVL), a technology leader in the development of extreme broadband communications solutions, today announced that the two companies have teamed up to offer the industry's first Gigabit solutions to provide end-users with complete flexibility in copper and fiber media selection. These two solutions consist of Marvell's Alaska Ultra+ PHY transceiver, which offers an integrated circuit (IC) solution, and Finisar's family of Gigabit Interface Converters (GBICs), which offers hot-pluggable modular support for both fiber and copper interfaces.

Marvell Introduces Alaska Ultra+ IC Solution

Today, Marvell introduces the Alaska Ultra+ device, the industry's first Gigabit Ethernet transceiver IC to support the automatic detection and configuration to either copper or fiber media. The Alaska Ultra+ transceiver offers simultaneous support of both copper and fiber interfaces, whereby the copper port is connected to a transformer and RJ45 connector, and the fiber port is connected to a Gigabit fiber-optic module or GBIC device. The device's Media Detect feature automatically senses whether the end-user has inserted a CAT 5 copper or fiber-optic cable, performs Auto-Negotiation and provides seamless "plug and play" configuration.

"Since the installed base of Gigabit Ethernet systems, currently in the millions of units, consists of both copper (1000BASE-T) and fiber interfaces (1000BASE-SX/LX), network equipment manufacturers have had to develop multiple product skews in support of each Gigabit media type," stated Weili Dai, Marvell's Executive Vice President of the Communications Business Group. "The Alaska Ultra+ IC transceiver is a truly compelling solution, allowing the end-user to automatically configure to either fiber or copper media, providing a complete "plug and play" solution. Additionally, for the first time, the end-user has the freedom to choose fiber or copper on a per port basis."

Finisar Offers 1000BASE-T GBIC Module

Working in collaboration with Marvell, Finisar already offers the industry an alternative approach to Gigabit media independence utilizing the industry-standard hot-pluggable GBIC form factor. Based on Marvell's Alaska Gigabit Ethernet PHY, the Finisar FCM-8519-3 offers a leading-edge GBIC module that supports 1000BASE-T on CAT 5 UTP copper media. In conjunction with Finisar's complete line of fiber-optic GBIC products, this new product provides significant benefit to the customer base by offering fiber or copper Gigabit connections interchangeably.

"Using the industry standard GBIC form factor, systems based on Finisar's product family can offer support for all Gigabit Ethernet media types, from CAT 5 copper cabling to 80km fiber-optic links," said Dick Woodrow, Vice President of Sales and Marketing at Finisar. "By having the flexibility of supporting all media types from a single product platform, system manufacturers can reduce development as well as inventory costs, and pass these savings on to their customers."

Availability

Marvell Alaska Ultra+ Gigabit Ethernet over copper transceiver samples (88E1011S) are currently available. The 88E1011S is priced at $36.00/1K quantity. The Finisar FCM-8519-3 1000BASE-T GBIC module is currently in volume production and is priced at $100.00/10K quantity.

About Marvell

Marvell, a technology leader in the development of extreme broadband system-level IC solutions for Internet connectivity and infrastructure, comprises Marvell Technology Group Ltd. (MTGL) and its subsidiaries, Marvell Semiconductor, Inc. (MSI), Marvell Asia Pte Ltd. (MAPL), Marvell Japan K.K. (MJKK), and Galileo Technology Ltd. (GTL). On behalf of MTGL, MSI designs, develops and markets integrated circuits utilizing proprietary Communications Mixed-Signal Processing (CMSP) and digital signal processing technologies for communications signal processing markets. MAPL is headquartered in Singapore and is responsible for Marvell's production and distribution operations. GTL develops high-performance communications Internetworking and switching products for the broadband communications market. MSI is headquartered at 645 Almanor Avenue, Sunnyvale, Calif., 94085; phone: [phone], fax: [phone].

About Finisar

Finisar Corporation (Nasdaq:FNSR) is a innovative developer of fiber optic subsystems and network performance test systems which enable high-speed data communications over Gigabit Ethernet local area networks (LANs), Fibre Channel storage area networks (SANs), metropolitan data network applications (MANs), and CATV. The Company is focused on the application of digital fiber optics to provide a broad line of high-performance, reliable, value-added optical subsystems for networking, storage and telecommunications equipment manufacturers. The Company's headquarters are located at 1308 Moffett Park Drive, Sunnyvale, CA 94089. For more information, visit the Company's web site at http://www.finisar.com.

Safe Harbor Statement of Marvell under the Private Securities Litigation Reform Act of 1995:

This release may contain forward-looking statements based on our current expectations, estimates and projections about our products, our industry, our markets, management's beliefs, and certain assumptions made by us. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "may," "will," "should," and variations of these words or similar expressions, are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Therefore, market results may differ materially and adversely from those expressed in any forward-looking statements in this release.

Important risks, uncertainties and assumptions that may cause such a difference for Marvell in connection with any introduction of the Alaska Ultra+ PHY transceiver with the Finisar GBIC module include but are not limited to, the presence of volume production opportunities for products incorporating such technology; the rate at which our present and future customers and end-users adopt this product; the timing and results of customer-industry qualification and certification of this technology; and, the timing, pricing, rescheduling, or cancellation of significant customer orders for Alaska Ultra+ PHY devices with the Finisar GBIC products.

For other factors that could cause the Company's results to vary from expectations, please see the `Risk Factors' section of Marvell's joint proxy/prospectus on Form S-4 relating to the Company's merger and the Company's Quarterly Report on Form 10-Q for the quarter ended January 27, 2001.

We undertake no obligation to revise or update publicly any forward-looking statements for any reason.

Safe Harbor Statement of Finisar under the Private Securities Litigation Reform Act of 1995

The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, including statements regarding Finisar Corporation's expectations, beliefs, intentions, or strategies regarding the future. All forward-looking statements included in this document are based upon information available to Finisar Corporation as of the date hereof, and Finisar Corporation assumes no obligation to update any such forward-looking statements. Forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those projected. These and other risks relating to Finisar Corporation's business are set forth in Finisar Corporation's Form 10-K, as filed with the Securities and Exchange Commission on July 31, 2000, and other reports filed from time to time with the Securities and Exchange Commission.