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SwitchCore Joins Newly Founded 10 Gigabit Alliance.

Business/Technology Editors

LUND, Sweden--(BUSINESS WIRE)--March 20, 2000

SwitchCore AB (publ.), a fabless semiconductor company developing chips for next generation networks has become a charter member of the recently established 10 Gigabit Ethernet Alliance (10 GEA). Among the alliance members are 3Com, Cisco Systems, Extreme Networks, Intel, Nortel, Lucent, Sun Microsystems, and World Wide Packets. The mission of this alliance is to support and promote the development of the new IEEE 802.3ae standard, also known as 10 Gigabit Ethernet (10 GbE).

"We whole-heartedly endorse the efforts of this alliance in promoting 10 Gigabit Ethernet for local area network LAN, MAN and WAN. Participating in this effort, we can serve the growing volume of Gigabit Ethernet traffic and accelerate the introduction of 10 Gigabit Ethernet into the networking marketplace," observes Per Andersson, president and CEO of SwitchCore. "Our belief is that IEEE 802.3ae will provide ease of use, cost effectiveness and interoperability of products for our customers," concludes Andersson.

"One of the major advantages gained by implementing 10GE is the ability to standardize protocols across the LAN and the WAN. This leads to increased efficiency in data transportation since no protocol conversion is necessary. The integration and QoS features offered by SwitchCore's products, combined with the scalability solution of the 10 Gigabit Ethernet, gives customers advantages in both the LAN and WAN environments," says Goran Sandberg, Product Manager at SwitchCore.

SwitchCore AB (publ) was founded in 1997, the result of a three-year research project at the Universities of Lund and Linkoping in Sweden. SwitchCore's CXE technology considerably increases the capacity in data and Internet switches. SwitchCore's first commercial switching device is expected to be the world's fastest, with a capacity of up to 16 Gbits, in a single chip, which is considerably faster than existing technology today.

The company currently employs 70 people and has offices in Lund and Stockholm, Sweden, and San Jose, California. SwitchCore's stocks are quoted on the OM Stockholm Exchange's O-list under the SCOR symbol
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Publication:Business Wire
Geographic Code:4EUSW
Date:Mar 20, 2000
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