INTEL DEVELOPER FORUM, BEIJING – April 13, 2010 – Mellanox® Technologies, Ltd. (NASDAQ: MLNX; TASE: MLNX), a leading supplier of high-performance, end-to-end connectivity solutions for data center servers and storage systems, today announced that it is seeing growth in demand for the Company's 10 Gigabit Ethernet and end-to-end 40Gb/s InfiniBand connectivity products and advanced technology from leading Asian server and storage manufacturers, supercomputing centers, cloud computing providers, and enterprise customers. To support this expected rise in demand, the Company is working with a comprehensive list of resellers and distributors in Japan, China, Taiwan, Korea, Singapore and India, and has added to its sales and support serving Asia.
“Recently, more HPC and Cloud centers are being built in Asia and the existing centers across the region have been going through rapid expansion to meet the growing demand for advanced HPC capabilities,” said Jie Wu, technical computing research director at IDC. “China, in particular, is becoming one of the most important markets in terms of both technology development and market adoption for HPC. The growth in the Asia Pacific region provides a significant opportunity for Mellanox’s end-to-end connectivity products.”
“Organizations are investing in new technologies such as GPU computing and integrating multi-core CPUs that require scalable and efficient, high-performance connectivity products,” said Eyal Waldman, chairman, president, and CEO of Mellanox Technologies. “By expanding our sales channel and support staff in the region, Mellanox can better assist these organizations to achieve their performance and return-on-investment goals with our comprehensive line of end-to-end InfiniBand connectivity products and Ethernet adapters.”
The company has seen an increase in the adoption of its technology in Asia due to the expanding interest in its products for Petaflop computing, storage and data center applications. Mellanox’s end-to-end InfiniBand connectivity, consisting of the ConnectX®-2 line of I/O adapter products, cables and comprehensive IS5000 family of fixed and modular switches, deliver industry-leading performance and economics for the best return-on-investment for performance interconnect. In addition, the ConnectX-2 line of 10GbE adapters and BridgeX gateways enable data centers with industry-leading Ethernet and convergence solutions for cloud computing providers and virtualized data centers.
Mellanox provides Asia and its worldwide customers with the richest, most advanced and highest performing end-to-end networking solutions for the world’s most compute-demanding applications.
Mellanox Technologies is a leading supplier of end-to-end connectivity solutions for servers and storage that optimize data center performance. Mellanox products deliver market-leading bandwidth, performance, scalability, power conservation and cost-effectiveness while converging multiple legacy network technologies into one future-proof solution. For the best in performance and scalability, Mellanox is the choice for Fortune 500 data centers and the world’s most powerful supercomputers. Founded in 1999, Mellanox Technologies is headquartered in Sunnyvale, California and Yokneam, Israel. For more information, visit Mellanox at www.mellanox.com.
Mellanox, BridgeX, ConnectX, InfiniBlast, InfiniBridge, InfiniHost, InfiniRISC, InfiniScale, InfiniPCI, and Virtual Protocol Interconnect are registered trademarks of Mellanox Technologies, Ltd. CORE-Direct, FabricIT, and PhyX are trademarks of Mellanox Technologies, Ltd. All other trademarks are property of their respective owners.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
All statements included or incorporated by reference in this release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry and business, management's beliefs and certain assumptions made by us, all of which are subject to change.
Forward-looking statements can often be identified by words such as "projects," "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.
The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include the continued growth in demand for our products in Asia and the Asian countries identified in this release, the expansion of our product line in Asia and elsewhere, geo-political uncertainty and instability in Asia and elsewhere, the total available market of our products, the continued growth in demand for our products, the continued, increased demand for industry standards-based technology, our ability to react to trends and challenges in our business and the markets in which we operate, our ability to anticipate market needs or develop new or enhanced products to meet those needs, the adoption rate of our products, our ability to establish and maintain successful relationships with our OEM partners, our ability to effectively compete in our industry, fluctuations in demand, sales cycles and prices for our products and services, our success converting design wins to revenue-generating product shipments, and our ability to protect our intellectual property rights.
In addition, current uncertainty in the global economic environment poses a risk to the overall economy as businesses may defer purchases in response to tighter credit conditions, changing overall demand for our products.
More information about the risks, uncertainties and assumptions that may impact our business is set forth in our Form 10-K filed with the SEC on March 5, 2010 and our Form 10-Q filed with the SEC on November 4, 2010, including “Risk Factors”. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.