EZchip's Network Processors Selected by ECI Telecom to Power its Next Generation Metro Ethernet Switches.Business Editors/High-Tech Writers SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 3, 2003 EZchip Technologies (a subsidiary of LanOptics Ltd., 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 : LNOP), a fabless semiconductor company A fabless semiconductor company specializes in the design and sale of hardware devices implemented on semiconductor chips. It achieves an advantage by outsourcing the fabrication of the devices to a specialized semiconductor manufacturer called a semiconductor foundry or "fab. providing high-speed network processors, today announced that ECI ECI Employment Cost Index ECI Election Commission(er) of India ECI Enterprise Content Integration ECI Early Childhood Intervention ECI Environmental Change Institute Telecom's Optical Networks Division has selected its 10-Gigabit network processors for integration within ECI's next generation Metro Ethernet platforms. Development of the new platforms is currently underway at ECI's headquarters following a thorough evaluation of the network processors in the market. "We believe ECI is a world leader in the MSPP (MultiService Provisioning Platform) A high-end Cisco router that supports TDM circuits, packets and optical connections at the edge of the network. See MSSP and MSTP. (Multi Service Provisioning Platform) market. Our XDM XDM Drummondville, Quebec, Canada (Airport Code) XDM X Window Display Manager XDM XML Documentation Markup XDM Xml for Data Mining XDM X Display Manager XDM Xml Data Management XDM Xpath Data Model XDM Xml Document Management (R) MSPP converges intelligent optical networking capabilities with advanced data functionality including ATM and Ethernet Layer 2 over SDH/SONET and DWDM (Dense WDM) The term given to wavelength division multiplexing (WDM) when significantly more channels were being added. Since WDM is increasingly more "dense" all the time, both terms are used synonymously. See WDM. DWDM - wavelength division multiplexing . Leveraging our expertise in this area we are now investing in our Ethernet capabilities, which will make us a formidable player in the next-generation metro Ethernet market," said Eyal Shaked, Vice President of Research and Development at ECI's Optical Networks division. "We selected EZchip's network processors for our next generation platforms for their advanced services capabilities, outstanding integration and simple programming model. Working together will lead to even more powerful offerings to address the growing demand for emerging Ethernet services. We are looking forward to a long and fruitful collaboration with EZchip." "ECI's selection of EZchip validates our technology and long-term success," said Eli Fruchter, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of EZchip. "Through unmatched versatility our network processors excel in many different market segments, increasing our addressable market and enabling our customers to build a variety of solutions based on the same core technology. Whether their application is a metro switch, edge router, firewall or content switch, our customers are selecting our network processors for the dramatic savings in cost, power dissipation and chip count coupled with high performance and simple programming." About ECI Telecom ECI provides advanced, telecommunications solutions to leading carriers and service providers, worldwide. By translating a deep understanding of its customers' needs into innovative, technologically excellent solutions, ECI enables its customers to increase the value of their networks and reduce operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. . ECI's platforms enable carriers and service providers to easily introduce new revenue-generating services. ECI has pioneered key technologies including voice compression, SDH (Synchronous Digital Hierarchy) The European counterpart to SONET. See SONET. SDH - Synchronous Digital Hierarchy , DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary , and has enabled the establishment of global networks. ECI specialises in metro optical networks, broadband access, bandwidth management and carrier-class VoIP solutions. About EZchip Technologies EZchip Technologies (a subsidiary of LanOptics Ltd., NASDAQ: LNOP) is a fabless semiconductor company providing high-speed network processors. EZchip's breakthrough TOPcore(R) technology provides both packet processing and classification on a single chip at wire speed. EZchip's single-chip solutions are used for building networking equipment with extensive savings in chip count, power and cost. Highly flexible 7-layer processing enables a wide range of applications to deliver advanced services for the metro, carrier edge and core and enterprise backbone. For more information on EZchip, visit our web site at http://www.ezchip.com. "Safe Harbor" statement under 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: This release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products, product demand and market acceptance risks, reliance on key strategic alliances, fluctuations in operating results, delays in development of highly-complex products and other risks detailed from time to time in LNOP filings with the Securities and Exchange Commission. These risks could cause the Company's actual results for 2003 and beyond to differ materially from those expressed in any forward looking statements made by or on behalf of LNOP. |
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