Corrent Chooses Faraday's NC-1 for Network Security Processor Chip

Dramatic Performance and Time-to-Market Advantages Enables Corrent to Build

Innovative Features into its Security Appliances

Jun 06, 2005, 01:00 ET from Faraday Technology Corporation

    HSINCHU, Taiwan and SUNNYVALE, Calif., June 6 /PRNewswire-FirstCall/ --
 Faraday Technology Corporation (TAIEX: 3035), a leading ASIC and IP provider,
 today announces Corrent as its first publicly announced customer for its
 NetComposer-1 (NC-1) structured ASIC chip. Corrent expects to disclose the
 details of how they are using this next generation network security chip in
 their security appliances in early 2006, and starts mass production in Q1,
     "I am elated to see the NC-1 customers coming to the market; it's been a
 long time coming," said H.P. Lin, President of Faraday Technology. "We have
 invested almost two years in this new market, and now it's finally paying off,
 significantly expanding Faraday's served available market (SAM)."
     Indeed, the SAM for semiconductor products accelerating Ethernet to
 PCI/PCI-X/PCI-Express market is estimated to be almost $500M dollars per year.
 These products are complex, proprietary in nature, and very application
 dependent, from security to RDMA to TCP acceleration to XML processing.
 However, the fragmented nature also makes it difficult for many companies to
 find an appropriate ASSP, or to justify the ASIC development cost in 0.13um.
     Faraday's NC-1 combines the convenience of an ASSP with the flexibility of
 Structured ASICs. Unlike existing structured ASIC products on the market, the
 NC-1 includes a unique data path design with pre-verified integrated
 intelligent IP blocks, while offering two million usable logic gates and one
 million bits of SRAM for customers to embed their application logic. The SoC
 integration results in a significant reduction in logic verification time,
 while enabling design teams to focus on their value-added L4-L7 applications,
 thus achieving shorter time to market and far more aggressive cost reduction
 targets, not previously possible. With 10x the price/performance of similar
 FPGA-based designs, one-third of the NRE costs and one-third of the production
 lead time of a typical 0.13um ASIC, the NC-1 combines high performance, low
 development costs and fast time to market attributes -- all in one platform.
     "We are very excited about the NC-1 product line," said Richard Takahashi,
 President and CEO of Corrent Corporation. "It expands our lead and
 differentiation in the mid-range and high-end network security appliances
 market segments, while cutting down our development time and costs by 2x and
 4X, respectively."
     Another benefit of the NC-1 is its design efficiency. Since 60% of the
 device is implemented as a full custom ASIC, including an integrated 133
 MHz/64-bit PCI-X controller, two GbE MACs, a 450MHz ARMTM v4-compliant CPU, a
 150MHz DDR-1 controller, a Switch Fabric and all necessary peripherals, the
 NC-1's time-to-market solution and price is competitive enough even for ASSP
 companies such as Corrent.
     "The NC-1 has validated Faraday's Composer Series' product vision of
 combining structured ASIC technology with ASSP logic, thus enabling the
 concept of a metal programmable SoC," said Christopher Moezzi, Vice President
 of Business Development and Structured ASIC Marketing at Faraday USA. "We
 intend to aggressively pursue the expansion of the NetComposer product line to
 include next generation SerDes I/O technologies such as PCI-Express, XAUI,
     About NC-1
     The NetComposer-1(TM) (NC-1) is a highly integrated SoC platform that
 combines Faraday's state-of-the-art industry leading Metal Programmable Cell
 Array(TM) Structured ASIC technology (MPCA) with integrated pre-verified
 intelligent system blocks. The NC-1 structured ASIC has been architecturally
 optimized for applications that demand high performance L4-L7 Flow-through
 PCI-X to GbE or full-duplex in-line GbE to GbE data path processing.
 Semiconductor and OEM companies can use NC-1 as a foundation platform for
 architecting their next generation ASSP or ASICs in market segments such as
 networking, communications, computing, server, storage, and security
     About Corrent Corporation
     An innovative developer of network security appliances, Corrent is today's
 price/performance leader in Network Security technology. Through a network of
 value-added resellers and key system integrators, Corrent offers businesses of
 all sizes the industry's best performing security technology at every market
 price-point. Integrating Corrent's award-winning network security processors,
 with software from today's market-leading security vendors, Corrent's
 full-line of purpose-built appliances helps secure businesses against
 increasingly frequent and virulent network attacks. Based in Tempe, AZ,
 Corrent is an international company setting higher standards for value and
 performance. For more information visit:
     About Faraday Technology Corporation
     Faraday Technology Corporation is a leading silicon IP and fabless ASIC
 vendor. The company's broad IP portfolio includes 32-bit RISC CPUs, USB 2.0,
 Ethernet, Serial ATA, and PCI-Express. With more than 500 employees and 2004
 revenue of $159 million, Faraday is one of the largest fabless ASIC companies
 in the Asia-Pacific region, and it also has a significant presence in other
 markets, worldwide. Headquartered in Taiwan, Faraday has service and support
 offices around the world, including the U.S., Japan, Europe, and China. For
 more information, please visit:
      Press Contact, Headquarters:  Diana Wu
                                    +886.3.578.7888 ext: 8032
      Press Contact, US Office:     Selina Ko
                                    +1.408.522.8888 ext: 139

SOURCE Faraday Technology Corporation