SANTA CLARA, CALIFORNIA, October 12, 2005 - Xelerated, the price/performance leader in network processing, today announced that Michael Fortin, a former sales executive from Marvell, has joined the company as VP of Sales, Americas. Mr Fortin, who brings over 12 years of sales and marketing experience to Xelerated, will be responsible for the build out of Xelerated's sales operations in the United States and Canada.
"I am delighted to have Michael on board. He is highly regarded for his achievements in securing strategic accounts with leading OEMs," says Johan Börje, CEO of Xelerated. "His deep understanding of the semiconductor industry and network of contacts with key Tier-1 customers will be a great asset to us as we continue to expand in the US and Canada."
Mr Fortin has more than 12 years of sales and marketing experience from the semiconductor industry. As Director of Sales at Marvell's Communications Division he managed the sales organization on the US east coast, Canada and in Europe. He successfully penetrated strategic accounts and substantially grew revenue across all territories. Prior to joining Marvell Mr Fortin has held several key sales positions at IBM Microelectronics.
"Xelerated's product offering and strong roadmap attracted me to the company. With their unique dataflow architecture they have, as I see it, the only programmable solution that meets the price/performance requirements of Ethernet," says Michael Fortin. "And with the availability of the X11 network processor Xelerated has the potential to take a substantial part of the growing metro Ethernet market."
Xelerated's family of network processors include the X10q family and the X11 network processor. These carrier-class network processor solutions, capable of handling 10-20G full duplex at wirespeed, are based on a unique dataflow architecture delivering ASIC-level efficiency in a fully programmable device. The dataflow architecture delivers guaranteed deterministic packet behavior regardless of packet size, traffic pattern or number of instructions used per packet. Other advantages include a dramatic savings in time of code development and debug due to the architecture's single threaded, single processor programming model.
About Xelerated
Xelerated, the price/performance leader in network processing, 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 extraordinary efficiency translates into the most cost-effective solution with the highest performance and lowest power consumption on the market. Xelerated's award-winning products target mission-critical network equipment for the enterprise and metro Ethernet markets. The company was founded in August 2000 and has attracted to its ranks a number of the best talents in the networking industry from companies such as Agere, C-Port/Motorola, Ericsson, LSI Logic, Marvell, SwitchCore and Zettacom. Xelerated has offices in Santa Clara, California, USA, and Stockholm, Sweden. Xelerated's investors include leading Venture Capitalists: Accel Partners, Alta Partners, Amadeus Capital Partners, Atlas Venture and Startupfactory. Additional information about products and the company is available at www.xelerated.com