|[August 19, 2014]
Leading Application Delivery Provider to Migrate Appliances to Use Silicom Cards
KFAR SAVA, Israel --(Business Wire)--
Silicom Ltd. (News - Alert) (NASDAQ:SILC) (TASE:SILC) today announced that one
of its Application Delivery customers has decided to replace the
networking cards it currently uses in approximately 10 appliances with a
variety of advanced Silicom networking cards. In addition, the customer
is considering replacing its current SSL acceleration solution with
Silicom's new Coleto Creek-based card.
To date, the customer has given Silicom Design Wins for cards used in
two appliances and initiated a "rolling" Design Win process for the
remaining appliances. In addition, the customer has recently placed its
first orders for the Design Wins already secured. Once all Design Wins
are in place and the ramp-up periods are complete, the customer is
expected to place ongoing orders totaling approximately $1.5 million per
"We are delighted that this prestigious Application Delivery provider -
a customer which in the past was one of our smaller clients - has
decided to step up our partnership, standardizing on Silicom cards for
its appliance product families," commented Mr. Shaike Orbach, Silicom's
President and CEO. "This demonstrates the latent potential of our large
customer base, which numbers more than 100 OEMs in many of the
communications market's hottest sectors.
"Again and again, we see that the Silicom value proposition, including
top-tier technology, rapid customization, a 'partnership' mentality and
close support, beats out the competition, leading our customers to
increase their business with us over time. As such, we continue to view
our traditional product lines and our impressive customer base as strong
revenue drivers with the power to feed continuous growth for Silicom
over the long term."
Silicom Ltd. is an industry-leading provider of high-performance
networking and data infrastructure solutions. Designed primarily to
increase data center efficiency, Silicom's solutions dramatically
improve the throughput and availability of networking appliances and
other server-based systems.
Silicom's products are used by a large and growing base of OEM
customers, many of whom are market leaders, as performance-boosting
solutions for their offerings in the Application Delivery, WAN
Optimization, Security and other mission-critical segments within the
fast-growing virtualization, cloud computing and big data markets.
Silicom's product portfolio includes multi-port 1/10 Gigabit Ethernet
server adapters, Intelligent Bypass solutions, Encryption accelerators
and a variety of innovative Smart adapters. These products are available
for incorporation directly into our OEM customers' systems, or provided
as part of Silicom's patented SETAC (Server To Appliance Converter), a
unique approach to the provision of high quality standard platforms with
modular front connectivity.
For more information, please visit: www.silicom.co.il
Statements in this press release which are not historical data are
forward-looking statements which involve known and unknown risks,
uncertainties, or other factors not under the Company's control, which
may cause actual results, performance, or achievements of the Company to
be materially different from the results, performance, or other
expectations implied by these forward-looking statements. These factors
include, but are not limited to, those detailed in the Company's
periodic filings with the Securities and Exchange Commission. The
Company disclaims any duty to update such statements.
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