Silicom Ltd. (NASDAQ:SILC) (TASE:SILC) today announced that it
has secured an initial Design Win from a leading cyber security company,
the successful culmination of a lengthy sales effort during which the
customer thoroughly evaluated Silicom’s technologies, operations and
support capabilities. Through this initial win, Silicom will begin
supplying high-performance 10G adapters for one of the customer’s
solutions. In parallel, discussions are currently underway regarding the
customer’s potential use of additional Silicom products, including other
networking adapters, encryption adapters, SETAC, and IBS’s (Intelligent
Bypass Solutions).
“We are excited to add this important cyber security company to our
customer list – a first step that we believe will develop into a major,
multi-million dollar relationship,” commented Mr. Shaike Orbach,
Silicom’s President and CEO. “This customer uses thousands of different
types of cards each year in a broad range of products, with many of them
needing Silicom’s ‘sweet spot’ offerings. We are confident that this
customer – as so many of our 100+ clients - will grow to rely on our
technological innovation, reliability, production speed and commitment
to service, and will therefore turn to us again and again. We are
already in talks regarding additional adapters as well as our SETAC and
IBS (Intelligent Bypass) solutions, and believe that additional
significant sales to this customer are just a matter of time.”
##
About Silicom
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 performance 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 Cyber Security, Network Monitoring
and Analytics, Traffic Management, Application Delivery, WAN
Optimization, High Frequency Trading and other mission-critical segments
within the fast-growing data center, enterprise networking,
virtualization, cloud computing and big data markets. Silicom’s product
portfolio includes multi-port 1/10/40/100 Gigabit Ethernet server
adapters, Intelligent Bypass solutions, Encryption accelerators, Ultra
Low Latency solutions, Time Stamping and other 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.
Copyright Business Wire 2015