SC08, AUSTIN, TX – November 18, 2008 – Mellanox® Technologies, Ltd. (NASDAQ: MLNX; TASE: MLNX), a leading supplier of semiconductor-based server and storage interconnect products, today announced the company has teamed with Lawrence Livermore National Laboratory to accelerate the development of powerful next-generation high-performance clusters in a project dubbed Hyperion.
Hyperion helps fulfill U.S. Department of Energy/National Nuclear Security Administration goals to: provide state-of-the-art computing capabilities for national security; advance high performance scientific computing for meeting energy, climate and other national challenges; enabling scientific discovery in basic science; and enhancing U.S. competitiveness in high performance computing.
“We are pleased to be at the forefront of the Hyperion Project to provide the InfiniBand-accelerated infrastructure critical to the mission requirements of NNSA’s Advanced Simulation and Computing program,” said Sash Sunkara, vice president of marketing at Mellanox Technologies. “Mellanox continues to lead in the high-performance computing and enterprise data center markets with the highest performing and scalable solutions that deliver unmatched performance for parallel compute clusters and storage.”
“Hyperion project collaborators, including Mellanox, will advance the state-of-the-art in a cost-effective manner, benefitting both end users, such as the national labs, and the computing industry, which can expand the market with proven, easy to deploy large and small-scale Linux clusters,” said Mark Seager, LLNL project leader. “Laying the foundation for the next generation high-end systems will require state-of-the-art interconnect performance capabilities.”
Mellanox Technologies is a leading supplier of semiconductor-based, interconnect products to world-class server, storage, and infrastructure OEMs servicing Fortune 500 data centers, the world’s most powerful supercomputers, and mission critical embedded applications.
Founded in 1999, Mellanox Technologies is headquartered in Santa Clara, California and Yokneam, Israel. For more information, visit Mellanox at www.mellanox.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.
The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include the continued expansion of sales of our InfiniBand products incident to the deployment of large and small-scale Linux clusters, the continued, increased demand for industry standards-based technology, our ability to react to trends and challenges in our business and the markets in which we operate, our ability to anticipate market needs or develop new or enhanced products to meet those needs, the adoption rate of our products, our ability to establish and maintain successful relationships with our OEM partners, our ability to compete in our industry; fluctuations in demand, sales cycles and prices for our products and services and our ability to protect our intellectual property rights.
In addition, current uncertainty in the global economic environment poses a risk to the overall economy as businesses may defer purchases in response to tighter credit conditions and negative financial news, which could adversely affect demand for our products. Consequently, our results could differ materially from our prior results due to these general economic and market conditions, political events and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission.
More information about the risks, uncertainties and assumptions that may impact our business is set forth in our Form 10-Q filed with the SEC on November 7, 2008 and our Form 10-K filed with the SEC on March 24, 2008, including “Risk Factors”. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.
Mellanox, ConnectX, InfiniBlast, InfiniBridge, InfiniHost, InfiniRISC, InfiniScale, and InfiniPCI are registered trademarks of Mellanox Technologies, Ltd. Virtual Protocol Interconnect is a trademark of Mellanox Technologies, Ltd. All other trademarks are property of their respective owners.
For more information: