SUNNYVALE, CA and YOKNEAM, ISRAEL – June 18, 2013 – Mellanox® Technologies, Ltd. (NASDAQ: MLNX; TASE: MLNX), a leading supplier of high-performance, end-to-end interconnect solutions for data center servers and storage systems, today announced the appointment of Irwin Federman as non-executive chairman of the company’s board of directors. Mr. Federman has served as a member of Mellanox’s Board of Directors since its inception in June 1999, and is currently the company’s lead director.
“I am honored that Irwin Federman, my mentor since the company was founded, has accepted the appointment of Mellanox’s chairman of the board,” said Eyal Waldman, president and CEO of Mellanox Technologies. “Irwin has been an invaluable board member since the inception of the company and has been instrumental in guiding and influencing the company’s direction. We look forward to working with Irwin as the chairman of the board of directors as we scale Mellanox for our next stages of growth.”
“I am honored to accept the appointment of chairman of the board of Mellanox Technologies,” said Irwin Federman. “I have great confidence in Eyal and the leadership team, as well as our board, and look forward to working with them to build the company for the future.”
Federman has been a general partner of U.S. Venture Partners, a venture capital firm, since April 1990. From 1988 to 1990, he was a managing director of Dillon Read & Co., an investment banking firm, and a general partner in its venture capital affiliate, Concord Partners. From 1978 to 1987, Mr. Federman served as president and chief executive officer of Monolithic Memories, Inc., a semiconductor company which was acquired by AMD in 1987. Mr. Federman serves on the board of directors of SanDisk Corporation, a data storage company, Check Point Software Technologies, Ltd., an Internet security software company and several private companies. Mr. Federman served as chairman of the Semiconductor Industry Association for two terms, served on the board of directors of the National Venture Capital Association and served two terms on the Dean’s Advisory Board of Santa Clara University. Mr. Federman holds a Bachelor of Science in Economics from Brooklyn College.
Mellanox Technologies is a leading supplier of end-to-end InfiniBand and Ethernet interconnect solutions and services for servers and storage. Mellanox interconnect solutions increase data center efficiency by providing the highest throughput and lowest latency, delivering data faster to applications and unlocking system performance capability. Mellanox offers a choice of fast interconnect products: adapters, switches, software and silicon that accelerate application runtime and maximize business results for a wide range of markets including high performance computing, enterprise data centers, Web 2.0, cloud, storage and financial services. More information is available at www.mellanox.com.
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