AMCC Enhances Relationship with IBM Microelectronics, Expands the Reach of its Leading PowerPC 4xx Product Portfolio.SUNNYVALE, Calif. -- Applied Micro Circuits Corporation Applied Micro Circuits Corporation (NASDAQ: AMCC) is a fabless semiconductor company designing network and embedded Power Architecture (including a Power Architecture license), optical transport and storage solutions. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AMCC AMCC Applied Micro Circuits Corporation AMCC Air Mobility Control Center AMCC Ashore Mobile Contingency Communications AMCC Advanced Materials Commercialization Center AMCC allied movement coordination center (US DoD) ) today announced a significant expansion of its relationship with IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) . IBM will incorporate the entire AMCC PowerPC([R]) 4xx embedded processor A CPU chip used in a system other than a general purpose workstation, desktop or laptop computer. Such chips are used by the billions every year in a myriad of products. See embedded system. product portfolio into its Semiconductor Solutions offering, effective immediately. Under this expanded relationship, AMCC and IBM's Semiconductor Solutions worldwide sales forces will both market AMCC's PowerPC 4xx products into key embedded processor markets, such as datacom/telecom networking, wireless infrastructure, printing/imaging and storage. This relationship reinforces AMCC's market success and award winning solutions in its fast growing PowerPC product line. "AMCC is pleased to team with one of the premiere technology leaders in the world in order to seek new sales opportunities and move into new markets. Expanding our relationship with IBM is a key step to accelerating the growth of our PowerPC 4xx processor business," said Daryn Lau, Senior Vice President of Corporate Marketing and Strategy at AMCC. "By marketing our PowerPC 4xx family of products as part of its technology solutions offerings, IBM will add to our already growing customer base. We welcome this expanded relationship with IBM and are confident it will strengthen both companies." "AMCC is one of the leaders in developing products based on the Power Architecture," said Steve Longoria, Vice President for Semiconductor Solutions, IBM. "Working with AMCC and incorporating their Power Architecture 4xx portfolio into our semiconductor offerings is consistent with IBM's strategy to proliferate the Power Architecture by leveraging its worldwide sales channel and extensive client network." About AMCC AMCC provides leadership semiconductor solutions to process, transport, and store digital information for the world's wired and wireless networks. As a leading supplier of Power Architecture[TM]-based processors and with world-class expertise in SONET and Ethernet protocol processing and PHY See physical layer and physical. technology, our products are the foundation of the IP Communications A general term for networks that use the IP protocol for voice (VoIP) and video traffic. See IP telephony. Revolution. For further information regarding AMCC, please visit our website at http://www.amcc.com. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements may be identified by words such as expects, anticipates, plans, believes, estimates, will or words of similar meaning. Such forward-looking statements, including statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the products discussed in this press release, are subject to a number of risks and uncertainties, including the risk that the products may not be successfully or timely developed, completed or manufactured or achieve market acceptance, risks relating to general economic conditions, as well as the risks and uncertainties set forth in the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , and in the Company's other SEC filings. As a result of these risks and uncertainties, actual results may differ materially from these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and AMCC does not assume any obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise. AMCC is a registered trademark of APPLIED MICRO CIRCUITS CORPORATION. Power Architecture is a trademark licensed by Power.org. PowerPC is a registered trademark of IBM Corporation used under license therefrom. All other trademarks are property of their respective owners. |
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