Mountain View, Calif.,
June 23, 2008 – Cavium Networks
(NASDAQ: CAVM), a leading provider of semiconductor
products that enable intelligent processing for
networking, communications, storage, wireless,
and security applications, today announced that
Cavium Networks’ Chairman and CEO, Syed
Ali, was named winner of the prestigious Ernst
& Young Technology Entrepreneur Of The Year
2008 award for Northern California. According
to Ernst & Young LLP, the award recognizes
outstanding entrepreneurs who are building and
leading dynamic, growing businesses. Mr. Ali was
selected by an independent panel of judges, and
the award was presented at a gala event at the
Fairmont Hotel in San Francisco on June 21, 2008.
“I am honored to receive this prestigious
award from Ernst and Young,” said Syed
Ali, Chairman and CEO of Cavium Networks. “This
award is a culmination of the tremendous effort
and dedication of the entire team at Cavium.
We look forward to continue delivering world-class
products to the market and building a leading
semiconductor company.”
The Ernst & Young Entrepreneur Of The Year
awards celebrate their 22nd anniversary this
year. The program honors entrepreneurs who have
demonstrated exceptionality in such areas as
innovation, financial performance and personal
commitment to their businesses and communities.
“Ernst & Young is pleased to honor
outstanding business leaders such as Syed Ali,”
said Rick Fezell, Ernst & Young Entrepreneur
of The Year Program Director for the Northern
California. “Award recipients of the Entrepreneur
of The Year award build leading businesses and
contribute a great deal to the communities around
them. Their success helps our area grow stronger.”
As a Northern California award recipient, Mr.
Syed Ali is now eligible for consideration for
the Ernst & Young Entrepreneur Of The Year
2008 national program. Award recipients in several
national categories, as well as the overall
national Ernst & Young Entrepreneur of The
Year award recipient, will be announced at the
annual awards gala in Palm Springs, California
on November 15, 2008. The awards are the culminating
event of the Ernst & Young Strategic Growth
Forum, the nation’s most prestigious gathering
of high-growth, market-leading companies.
About the Ernst & Young Entrepreneur
Of The Year Awards
Ernst & Young’s Entrepreneur Of The
Year is the world’s most prestigious business
award for entrepreneurs. The award makes a difference
through the unique way it encourages entrepreneurial
activity among those with potential and recognizes
the contribution of people who inspire others
with their vision, leadership and achievement.
As the first and only truly global award of
its kind, Ernst & Young Entrepreneur Of
The Year celebrates those who are building and
leading successful, growing and dynamic businesses,
recognizing them through regional, national
and global awards programs in more than 135
cities in 50 countries.
About Cavium Networks
Cavium Networks is a leading provider of highly
integrated semiconductor products that enable
intelligent processing in networking, communications,
storage and security applications. Cavium Networks
offers a broad portfolio of integrated, software
compatible processors ranging in performance
from 10 Mbps to 20 Gbps that enable secure,
intelligent functionality in enterprise, data-center,
broadband/consumer and access & service
provider equipment. Cavium Networks processors
are supported by ecosystem partners that provide
operating systems, tool support, reference designs
and other services. Cavium Networks principal
offices are in Mountain View, CA with design
team locations in California, Massachusetts
and India. For more information, please visit:
http://www.caviumnetworks.com.
