Marvell Announces Industry's First 3.125 Gb/s SERDES on 0.15 Micron CMOS Process for 10 Gigabit Ethernet, SONET/SDH, Infiniband, Fibre Channel, and High-Speed Serial Backplane Markets.

Business Editors/High-Tech Writers

SUNNYVALE, Calif.--(BUSINESS WIRE)--Feb. 12, 2001

Marvell (Nasdaq:MRVL), a technology leader in the development of extreme broadband communications solutions, today announced a major technology advancement with the industry's first 3.125 Gb/s serializer/deserializer (SERDES) core, a critical element in the development of high-speed networking applications. The Marvell 3.125 Gb/s core represents the world's first implementation of SERDES technology utilizing 0.15 micron CMOS, the most advanced production-ready process technology available today.

Marvell plans to incorporate this advanced SERDES technology in the Company's upcoming high-performance networking solutions addressing the 10 Gigabit Ethernet, SONET/SDH, Infiniband, Fibre Channel, and high-speed serial backplane markets. Each of these high-growth communication market segments requires high-speed SERDES technology as a crucial core building block.

The Marvell 0.15 micron CMOS SERDES core, operating at speeds up to 3.125 Gb/s, achieves extremely low power consumption (under 150 mW) and superior jitter performance, exceeding the stringent SONET jitter specification. Additionally, for system backplane applications, the 3.125 Gb/s SERDES core has been tested and proven to operate at over 40 inches of FR4 printed circuit board (PCB) trace length.

Marvell's 0.15 micron CMOS process, utilized by the 3.125 Gb/s SERDES core, has been field-proven through the Company's industry-leading Alaska(TM) Quad+ Gigabit Ethernet over copper transceiver. The Marvell Alaska Quad+ device represents the industry's first and only quad-port physical layer (PHY) solution for the 10/100/1000BASE-T market, and the first to offer on-chip SERDES, providing flexibility in the selection of copper or fiber-optic interfaces on a per port basis. Consisting of over 5 million logic gates, the Alaska Quad+ PHY transceiver with integrated SERDES has been proven in real-world operating environments to run at extremely high clock rates. Novel proprietary design techniques are employed in the development of Marvell's SERDES core to facilitate high levels of integration while maintaining high standards for performance, noise immunity and low Bit Error Rate (BER).

"With Marvell's advanced SERDES technology, we have built a solid foundation for the development of leading-edge communication solutions for 10 Gigabit Ethernet, SONET/SDH, Infiniband, Fibre Channel, and high-speed serial backplane applications," said Weili Dai, Marvell's executive vice president and general manager of the Communications Business Group. "Our 3.125 Gb/s SERDES core is the industry's lowest power solution, providing customers with higher level system integration including incorporating 64 SERDES on a single chip. With this expertise, Marvell is well-positioned to provide our customers with advanced networking solutions incorporating their intellectual property."

About Marvell

Marvell, a technology leader in the development of extreme broadband communications solutions, 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 Group Ltd. (GTGL). 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. GTGL develops high-performance communications Internetworking and Switching products for the broadband communications market. As used in this release, the terms "Company" and "Marvell" refer to the entire group of companies. The Company applies its technology to the extreme broadband communications market where its products are used in network access equipment to provide the interface between communications systems and data transmission media. MSI is headquartered at 645 Almanor Ave., Sunnyvale, Calif., 94085; phone: [phone], fax: [phone].

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 the introduction of its 0.15 micron serializer/deserializer (SERDES) core and the Company's final development of related networking products addressing high-speed serial backplane markets include, but are not limited to, the timing, cost and successful completion of technology and product development through volume production; the rate at which our present and future customers and end-users adopt this technology/product; the timing and results of customer-industry qualification and certification of our technology/products; and, the timing, pricing, rescheduling, or cancellation of significant customer orders for products utilizing the 0.15 micron SERDES core.

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 Oct. 31, 2000.

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