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GSA Honors Cavium Networks with Favorite Fabless Pick Award

MOUNTAIN VIEW, Calif., Dec. 10, 2007 – Cavium Networks (NASDAQ: CAVM), a leading provider of highly integrated semiconductor products that enable intelligent processing for networking, communications, storage and security applications today announced that the Global Semiconductor Alliance (GSA), voice of the global fabless business model recognized Cavium Networks as Morgan Stanley’s Favorite Fabless Pick at the Association's 2007 Awards Dinner Celebration on Thursday, December 6, 2007 in Santa Clara, Calif.

Semiconductor financial analysts from Morgan Stanley and Deutsche Bank nominated their favorite fabless company for the Favorite Fabless Pick award out of an extensive set of public fabless companies. The analysts based their decision on historical, as well as projected data, such as stock price, earnings per share, revenue forecasts and product performance. Cavium Networks was the only company nominated by both Morgan Stanley and Deutsche Bank among their top 3 picks. Mark Lipacis of Morgan Stanley selected Cavium Networks as his favorite fabless pick.

“Industry analyst Mark Lipacis of Morgan Stanley has chosen Cavium Networks as his Favorite Fabless Pick for 2007,” said Jodi Shelton, co-founder and executive director of the Global Semiconductor Alliance (GSA). “We are pleased to once again recognize Cavium, a member since 2003, with their fourth award, and congratulate the company for its continued achievements and leadership within the industry.”

“We are honored to be selected among the favorite stock picks by leading industry analysts and win the Favorite Fabless Pick award by Morgan Stanley,” said Syed Ali, President and CEO at Cavium Networks. “This award is a testament to the hard work and excellent execution of all Cavium employees worldwide.”

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 10 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.

About GSA:
The Global Semiconductor Alliance (GSA) mission is to accelerate the growth and increase the return on invested capital of the global semiconductor industry by fostering a more effective fabless ecosystem through collaboration, integration and innovation. It addresses the challenges within the supply chain including IP, EDA/design, wafer manufacturing, test and packaging to enable industry-wide solutions. Providing a platform for meaningful global collaboration, the Alliance identifies and articulates market opportunities, encourages and supports entrepreneurship, and provides members with comprehensive and unique market intelligence. Members include companies throughout the supply chain representing 25 countries across the globe. www.gsaglobal.org


Cavium Networks Contact:
Angel Atondo
Marketing Manager
Cavium Networks
805 East Middlefield Road,
Mountain View, CA 94043
Telephone: 650-623-7033
Email: angel.atondo@caviumnetworks.com


 

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