Marvell Co-Founder Weili Dai Honored with the Gold Award for Technology Innovator of the Year by the American Business Awards for Women in Business

SANTA CLARA, Calif., Nov. 12, 2012 /PRNewswire/ -- Marvell (Nasdaq: MRVL) today announced that its Co-Founder, Weili Dai, has been honored with the gold award for Technology Innovator of the Year by the American Business Awards. The award was presented at the 9th Annual Stevie Awards for Women in Business gala on November 9th at New York's Marriott Marquis Hotel.

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"In my everyday life and practice, it is my belief that 'Passion' and 'Integrity' are the foundation for all success; 'Fair' and 'Care' are essential principles of all successful leaders," said Weili Dai, Co-Founder of Marvell. "I feel extremely honored and humbled to receive an award that recognizes the critical role that women play both in business and at the forefront in leading technology innovation. I am very thankful for the good personal foundation provided by my parents and excellent education by my teachers and professors. I feel very proud and fortunate to co-found Marvell, one of the top five fabless semiconductor companies in the world today, and I am extremely thankful for our great Marvell team and their contributions. It is my belief that with women's own brand of passion, compassion and commitment, we are the glue behind a strong company, family and a community. I hope that this Award will encourage more women to bring their natural talents to improving technology and making the world a better place through commerce."

The American Business Awards, more commonly known as the Stevie Awards, were created to honor and generate public recognition of the achievements and positive contributions of organizations and business people worldwide. Since 2002, its mission has been to raise the profile of exemplary organizations and individuals among the press, the business community, and the general public. American Business Awards entries are judged each year by more than 200 executives worldwide.

Ms. Dai is one of the most successful women entrepreneurs in the world today. Widely considered a technology visionary, she is the only woman co-founder of a global semiconductor company, and since it began in 1995, she has helped Marvell's rise to become one of the top semiconductor companies in the world. Ms. Dai's business acumen, strategic thinking, product leadership, endless passion and personal network have contributed greatly to Marvell's fast rise to success. Her close relationship with her customers and the foundation of the trust shared with them has given her a strong reputation for professionalism and integrity throughout the technology industry.

Ms. Dai has also become a driving force in expanding access to technology in the developing world and an ambassador of opportunity between the US and China, particularly in the arenas of education and green technology. Ms. Dai has become a powerful advocate for the better use of technology to improve the human condition. For her contributions to technology and society, Newsweek named Ms. Dai one of the "150 Women Who Shake the World" and was recently profiled by CNN International for the Leading Women Series: Leading the Female Tech Charge.  Additionally, Forbes Magazine lists Ms. Dai as one of the "World's 100 Most Powerful Women."

Ms. Dai is a member of the executive committee for TechNet and Bay Area Council; sits on the board of the disaster relief organization, Give2Asia; and was named to the prestigious Committee of 100, an organization representing the most-influential Chinese Americans. Celebrated as the glue behind her company, family and community, Ms. Dai is the proud mother of two sons who are Electrical Engineering graduate students at UC Berkeley; Christopher and Nicholas are currently Ph.D. candidates. 

About Marvell

Marvell (NASDAQ: MRVL) is a world leader in the development of storage, communications and consumer silicon solutions. Marvell's diverse product portfolio includes switching, transceiver, communications controller, wireless and storage solutions that power the entire communications infrastructure, including enterprise, metro, home and storage networking. As used in this release, the term "Marvell" refers to Marvell Technology Group Ltd. and its subsidiaries. For more information, visit Marvell.com.

Marvell is registered trademark of Marvell and/or its affiliates. Other names and brands may be claimed as the property of others.

SOURCE Marvell