|[March 13, 2007]
ZTE Selects EZchip's NP-2 & NP-3 Network Processors for Carrier Products Targeting Aggregation, Metro and Core
SAN JOSE, Calif. --(Business Wire)-- EZchip Technologies Ltd. (a subsidiary of LanOptics Ltd., NASDAQ:LNOP), a fabless semiconductor company providing high-speed network processors, today announced that ZTE Corporation has selected EZchip's NP-2 and NP-3 network processors for its next-generation Carrier-class platform. ZTE is a leading global provider of telecommunications equipment and network solutions.
The ZTE IP products that utilize the NP-2 and NP-3 are targeting the aggregation, metro and core of the carrier network, as well as high-end enterprise networks, and are in various stages of development. ZTE is shipping several products for the high-end enterprise, carrier access and core based on EZchip's network processors.
EZchip's network processors feature high integration and flexible programming which are ideal for Carrier Ethernet products providing triple play services. Powerful packet processing and advanced traffic management enable customers to efficiently make use of their development investments and employ EZchip's network processors across multiple product lines.
As an important player in the world telecommunication device market, ZTE is expanding its influence in IP networks rapidly. "After the continuous 200% growth for two years," remarked Weipu Li, product director of ZTE's Datacom Division, "ZTE is in need of cooperation partners with equal ambitions in high-end IP networks. EZchip's challenge on the first-class network processors in both performance and integration has impressed us strongly."
"We are honored with the continued trust and support by ZTE," said Rob O'Hara, EZchip's Vice President of Sales. "The continued cooperation with ZTE that started with our NP-1c network processor and has expanded to the NP-2 and NP-3 demonstrates EZchip's commitment to continued delivery of market leading network processors."
About EZchip Technologies
EZchip Technologies is a fabless semiconductor company that provides high-speed network processors. EZchip's network processors provide the flexibility and integration that enable triple-play data, voice and video services in systems that make up the new Carrier Ethernet networks. Flexibility and integration make EZchip's solutions ideal for building systems for a wide range of applications in telecom networks, enterprise backbones and data centers. For more information on EZchip, visit our web site at http://www.ezchip.com
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products, product demand and market acceptance risks, customer order cancellations, reliance on key strategic alliances, fluctuations in operating results, delays in development of highly-complex products and other risks detailed from time to time in LNOP filings with the Securities and Exchange Commission. These risks could cause the Company's actual results for 2007 and beyond to differ materially from those expressed in any forward looking statements made by, or on behalf of LNOP.
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