Breakthrough for Silicom: Immediate Design Win for Just-Launched Patent-Pending Intelligent Time-Stamping Adapter Confirms Huge

  Breakthrough for Silicom: Immediate Design Win for Just-Launched
  Patent-Pending Intelligent Time-Stamping Adapter Confirms Huge Potential

   - Clear Current Market Opportunities & Exploding Need for Time-Stamping
    Solutions Expected to Ramp Up Silicom Sales by Additional $15-20M/Yr -

      - Solution Already Under Evaluation by a Number of World Leaders -

Business Wire

KFAR SAVA, Israel -- February 19, 2013

Silicom Ltd. (NASDAQ:SILC) (TASE:SILC) today announced that it has launched a
new family of Intelligent Nano-Second Time-Stamping NICS, a breakthrough
enabler of next-generation network monitoring in Big Data environments, and
that it has already secured an immediate Design Win for the product line’s
first adapter.

Based on patent-pending technology and an innovative new concept, Silicom’s
adapters combine Intel’s networking silicon and the Company’s proprietary
time-stamping FPGA (field programmable gate array), working at wire speed to
time-imprint packets at the industry’s highest resolution and accuracy. The
time-stamping solution’s unique architecture enables it to outperform the
competition with a broad range of advantages, including the full feature-set
of Intel’s networking silicon, much lower power consumption and much higher
fan-less reliability – all at a very competitive price.

“Initial market reaction to our unique Nano-Time-Stampers has been
overwhelming, demonstrating how ‘hot’ the networking monitoring arena has
become in the Big Data era and how outstanding our solution is,” commented Mr.
Shaike Orbach, Silicom’s President and CEO. “In fact, almost immediately upon
product launch, we received our first Design Win with a leading Application &
Network Performance Management player, and are already in the evaluation stage
with a number of global leaders. As such, the product has enjoyed immediate
traction, positioning us to capture significant market share in this large and
rapidly-growing market. We will be recording our first Time Stamp revenues
shortly, and project a rapid sales ramp-up to reach annual revenues of $15 to
$20 million within just a few years.”

In today’s faster and more inter-connected networks, time-stamps at the packet
level are prerequisites for effective analysis of network performance-related
issues such as latency and jitter, as well as critical enablers of e-trading,
digital forensics and other time-sensitive applications. By providing a
superior solution at a highly-competitive price point, Silicom is offering all
market players a highly compelling business case for selecting Silicom’s
offering over others. In addition, Silicom’s approach resolves the price,
power and/or reliability issues that prevented many types of customers from
incorporating nano-precision time-stamping into their applications, adding
them to the large and growing addressable market for Silicom’s breakthrough
solution.

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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 throughput 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 Application Delivery, WAN Optimization, Security and other
mission-critical segments within the fast-growing virtualization, cloud
computing and big data markets. Silicom’s product portfolio includes
multi-port 1/10 Gigabit Ethernet server adapters, Intelligent Bypass
solutions, Encryption accelerators and a variety of 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.

Contact:

Company Contact:
Eran Gilad, CFO
Silicom Ltd.
Tel: +972-9-764-4555
E-mail:
erang@silicom.co.il
or
Investor relations contact:
Kenny Green / Ehud Helft
CCG Israel Investor Relations
Tel: +1 646 201 9246
E-mail : silicom@ccgisrael.com
 
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