September 20, 2006

Xelerated Establishes New Design Center in Israel

SANTA CLARA, CALIFORNIA, September 20, 2006 - Xelerated, the price/performance leader in network processing, today announced that it has set up a Design Center in Tel-Aviv, Israel. The focus of the Design Center is to accelerate the development of Xelerated's next-generation products.

Based on the two first product generations, the network processors (NPUs) X10q and X11, Xelerated has established itself as the leading supplier of high-performance NPUs for Metro Ethernet networking equipment. Xelerated's next-generation products will leverage this position by providing existing and new customers with a compelling cost-reduction path and increased processing power for future applications, and by introducing Traffic Management capabilities.

By opening a Design Center in Israel with a team of experienced Traffic Management designers already in operation, Xelerated has strengthened its ability to both deliver world-class products and release next-generation devices with shorter intervals.

"Israel is an excellent resource base for skilled system engineers and ASIC designers. We have been able to identify and recruit key engineers with immediately relevant skills and experience for the development of our next-generation products," says Mats Löfling VP of Engineering, Xelerated.

About Xelerated

Xelerated's award-winning products target mission-critical network equipment for the enterprise and metro Ethernet markets. Privately held, Xelerated has received funding from investors including Accel Partners, Alta Partners, Amadeus Capital Partners, Atlas Venture and Startupfactory. The company has offices in Santa Clara, California; Tel Aviv, Israel; and Stockholm, Sweden. Xelerated is recognized as being the only network processor vendor to have combined the efficiency of an ASIC with the programmability of traditional network processors. This unprecedented combination of speed and programmability enables network equipment vendors to build carrier-class systems at a competitive price point. Deterministic line-rate performance is guaranteed, regardless of packet size, traffic pattern or number of instructions used per packet. Together with a complete set of supporting products such as an industry‑leading metro Ethernet application, reference design platforms and a comprehensive set of software tools, this has resulted in Xelerated's network processors being incorporated as vital components in network equipment around the world.