Xelerated Wins Global Semiconductor Alliance’s Award for Outstanding Financial Performance

2009-11-02 15:42:05 -

Xelerated : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. , the global leader in field-proven  Carrier Ethernet : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. and Unified Fiber Access : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ASSP-based chipsets, was recognized by the Global Semiconductor Alliance (GSA) as a winner of the Outstanding Financial Performance by a Private Semiconductor Company. Recognized for quadrupling its revenue over eight consecutive quarters, this achievement solidifies Xelerated’s leadership position

in the Carrier Ethernet and unified fiber access markets.

“We are very proud of our growth and strong financial success to date, and we feel privileged to be recognized by the Global Semiconductor Alliance with this prestigious award,” said Thomas Axelsson, CEO at Xelerated. “We have grown considerably over the past two years despite hard economic times, making this win a significant achievement for us.”


With members spanning more than 25 countries, the GSA strives to accelerate the growth and increase the return on invested capital of the global semiconductor industry. The GSA enlisted PricewaterhouseCoopers to determine which private semiconductor companies experienced the highest revenue growth during the designated time period.

“Each year, we recognize companies that have demonstrated excellence through their vision, strategy, execution and future opportunity,” said Jodi Shelton, president at the Global Semiconductor Alliance. “We extend our sincere congratulations to Xelerated for its outstanding financial accomplishments, and look forward to recognizing them and all other honorees at our awards dinner celebration in Santa Clara on December 10.”


Xelerated serves the Carrier Ethernet and unified fiber access markets with its network processors and programmable Ethernet switches, respectively. All chips are based on the company’s highly-efficient dataflow architecture, a deterministic packet processing architecture that is wirespeed by design. Xelerated’s solutions target a wide range of platform types, covering several network segments with different sets of feature and bandwidth requirements.


About Xelerated

Xelerated is the global leader in field-proven next-generation ASSP-based Carrier Ethernet chipsets. The Xelerated Dataflow Architecture delivers wirespeed deterministic performance, enabling network equipment vendors to build fully-programmable carrier-class systems that reduce R&D costs, minimize risk and accelerate time-to-market. With its highly flexible network processor platform and linearly scalable products and solutions, Xelerated is an integral part of Tier One carrier networks around the world, and a vital component of any Metro, Access, or High-end Enterprise market. The company has offices in Santa Clara, Stockholm, Tel Aviv and Beijing. For more information, visit www.xelerated.com : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. .


About GSA

The Global Semiconductor Alliance (GSA) mission is to accelerate the growth and increase the return on invested capital of the global semiconductor industry by fostering a more effective fabless ecosystem through collaboration, integration and innovation. It addresses the challenges within the supply chain including IP, EDA/design, wafer manufacturing, test and packaging to enable industry-wide solutions.
Providing a platform for meaningful global collaboration, the Alliance identifies and articulates market opportunities, encourages and supports entrepreneurship, and provides members with comprehensive and unique market intelligence. Members include companies throughout the supply chain representing 25 countries across the globe. www.gsaglobal.org : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww ..

Vantage

Communications : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. for XeleratedIlene Adler, 415-984-1970 ext. 102 iadler@pr-vantage.com : mailto:iadler@pr-vantage.com orXelerated,
AB+Thomas Eklund, 46 8 506 25 775Vice President Marketing

and Business Development Thomas.Eklund@xelerated.com : mailto:Thomas.Eklund@xelerated.com