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IRVINE, Calif., Oct 11, 2006 -- Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that its broadband access silicon and software platform has been selected by Pirelli Broadband Solutions, the broadband access and photonics company within the Pirelli Group, for its next generation Discus™ ADSL2+ Multiplay access gateway product line. The combination of Broadcom® ADSL2+, wireless LAN (WLAN) and Voice over IP (VoIP) silicon, coupled with TR-069 remote management gateway software, is now powering Pirelli's portfolio of ADSL2+ broadband access customer premises equipment (CPE) products. By supporting ADSL2+ and TR-069, Pirelli is able to cost-effectively deliver managed broadband services over an ADSL2+ network connection while expanding its product portfolio to include triple play services.
Pirelli's Discus™ Multiplay access gateways, based on Broadcom technology, enable significant product advancements in ADSL2+, wireless and VoIP services, while allowing carriers to remotely manage these services using the industry-adopted DSL Forum TR-069 protocol. By adopting the Broadcom broadband access platform with TR-069 software, Pirelli's Discus product line sets a new standard for performance, cost and flexibility in the broadband access gateway marketplace. Pirelli's Discus product line is currently shipping in volume.
"Broadcom is very pleased to have partnered with Pirelli to deploy next generation broadband access services within its Discus line of ADSL2+ gateway products," said Greg Fischer, Vice President and General Manager of Broadcom's Broadband Carrier Access line of business. "The Pirelli and Broadcom relationship, which cost-effectively delivers next generation broadband services over ADSL2+, as well as Wi-Fi® and VoIP phone services, exemplifies a winning combination of advanced silicon and software solutions driven by industry leaders."
"Partnering with Broadcom has enabled us to develop a next-generation broadband gateway family that offers superior capabilities and performance over previous generation products. It has also helped us meet our customers' expectations, which are based on five successful years of experience in the triple play arena," said Corrado Rocca, Senior Vice President, Product Marketing and Development for Pirelli Broadband Solutions. "This highly integrated gateway product line, based on Broadcom's broadband access platform technology, has helped us produce a strong ADSL2+ gateway product solution with value-added capabilities such as remote management."
About Pirelli Broadband Solutions
Pirelli Broadband Solutions specializes in broadband access technology and photonics. The Access division provides a range of broadband CPE, including access gateways, set-top boxes, multiple handsets, and a remote management system. The Photonics division leverages nanotechnology and its use of tunable and pluggable solutions to deliver multi-wavelength components, modules and subsystems, including tunable lasers, GPON triplexers, an integrable tunable laser assembly, radio over fiber and a CWDM metro access system. In full year 2005, Pirelli Broadband Solutions posted revenues of 112 million euros (+78% compared to a year earlier).
Broadcom's Broadband Communications Business Group
Broadcom offers manufacturers a range of broadband communications and consumer electronics systems-on-a-chip (SoCs) that enable voice, video and data services over residential wired and wireless networks. These highly integrated silicon solutions continue to enable the market's most advanced system solutions, which include digital cable, satellite and IP set-top boxes and media servers, broadband modems and residential gateways, high definition and digital televisions, HD DVD players and personal video recorders.
About Broadcom
Broadcom Corporation is a global leader in semiconductors for wired and wireless communications. Our products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment. Broadcom provides the industry's broadest portfolio of state-of-the-art system-on-a-chip and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices. These solutions support our core mission: Connecting everything®.
Broadcom, one of the world's largest fabless semiconductor companies with annual revenue of more than $2.5 billion, is headquartered in Irvine, Calif., and has offices and research facilities in North America, Asia and Europe. Broadcom may be contacted at +1-949-450-8700 or at www.broadcom.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
All statements included or incorporated by reference in this release, other than statements or characterizations of historical fact, are forward- looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry and business, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.
Important factors that may cause such a difference for Broadcom in connection with ADSL2+ products include, but are not limited to, general economic and political conditions and specific conditions in the markets we address, including the volatility in the technology sector and semiconductor industry, trends in the broadband communications markets in various geographic regions, including seasonality in sales of consumer products into which our products are incorporated, and possible disruption in commercial activities related to terrorist activity or armed conflict in the United States and other locations; uncertainties as a result of the company's previously-disclosed ongoing review of its practices in respect of options/equity grants to employees, and the publicized more general review of option grant practices throughout the technology and other industries by public regulatory bodies, and potential changes in accounting and other practices resulting therefrom; the rate at which our present and future customers and end-users adopt Broadcom's technologies and products in the markets for ADSL2+ applications; delays in the adoption and acceptance of industry standards in those markets; the timing, rescheduling or cancellation of significant customer orders and our ability, as well as the ability of our customers, to manage inventory; the gain or loss of a key customer, design win or order; our ability to scale our operations in response to changes in demand for our existing products and services or demand for new products requested by our customers; intellectual property disputes and customer indemnification claims and other types of litigation risk; our ability to specify, develop or acquire, complete, introduce, market and transition to volume production new products and technologies in a cost-effective and timely manner; our ability to retain, recruit and hire key executives, technical personnel and other employees in the positions and numbers, with the experience and capabilities, and at the compensation levels needed to implement our business and product plans; problems or delays that we may face in shifting our products to smaller geometry process technologies and in achieving higher levels of design integration; competitive pressures and other factors such as the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; the timing of customer-industry qualification and certification of our products and the risks of non-qualification or non-certification; our ability to timely and accurately predict market requirements and evolving industry standards and to identify opportunities in new markets; changes in our product or customer mix; the volume of our product sales and pricing concessions on volume sales; the availability and pricing of third party semiconductor foundry, assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party semiconductor foundries and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly facilities; the quality of our products and any remediation costs; the effectiveness of our expense and product cost control and reduction efforts; the risks and uncertainties associated with our international operations, particularly in light of recent events; the effects of natural disasters, public health emergencies, international conflicts and other events beyond our control; the level of orders received that can be shipped in a fiscal quarter; and other factors.
Our Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Securities and Exchange Commission filings discuss the foregoing risks as well as other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. The forward-looking statements in this release speak only as of this date. We undertake no obligation to revise or update publicly any forward-looking statement for any reason.
Broadcom®, the pulse logo, Connecting everything® and the Connecting everything logo are among the trademarks of Broadcom Corporation and/or its affiliates in the United States certain other countries and/or the EU. Wi-Fi® is a trademark of the Wi-Fi Alliance. Discus™ is a trademark of Pirelli Broadband Solutions. Any other trademarks or trade names mentioned are the property of their respective owners.
Broadcom Press Contacts
Laura Brandlin
Senior Director, Marketing Communications
949-926-5108
lbrandlin@broadcom.com
Broadcom Investor Relations Contact
T. Peter Andrew
Vice President, Investor Relations
949-926-5663
andrewtp@broadcom.com
Broadcom Technical Contact
Shankar Bala
Product Marketing Manager, Broadband Carrier Access Products
972-715-2063
shankarb@broadcom.com
SOURCE Broadcom Corporation; BRCM Broadband
Press, Laura Brandlin, Senior Director, Marketing Communications, +1-949-926-5108, lbrandlin@broadcom.com, or Investor Relations, T. Peter Andrew, Vice President, Investor Relations, +1-949-926-5663, andrewtp@broadcom.com, or Technical, Shankar Bala, Product Marketing Manager, Broadband Carrier Access Products, +1-972-715-2063, shankarb@broadcom.com, all of Broadcom Corporation
http://www.broadcom.com
