Vonage(R) Selects Broadcom(R) as a Chipset Provider for New Internet Telephony Products6 April 2006
Vonage Network, a subsidiary of Vonage Holdings Corp., a leading broadband phone company, today announced it has selected Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, as a VoIP chipset provider for future products. This collaboration will provide Vonage with opportunities to develop and work with manufacturers to produce new integrated devices compatible with the Vonage network. "Recognizing the need for small businesses and consumers to have a myriad of options when selecting devices to place upon their networks, Vonage is excited to partner with Broadcom to continue to offer communications choices," stated Daniel Smires, senior vice president of Vonage Network. "Broadcom's strong architecture and technological expertise will open new paths to add new devices to our product portfolio, furthering the choice for subscribers signing up for our service plans." The two companies anticipate that the combination of their expertise in broadband telephony service and VoIP technologies will allow for a more rapid development of high-quality, feature-rich VoIP devices for Vonage customers. "Partnering with Vonage on its next generation platforms provides Broadcom with a prime opportunity to showcase our strength in VoIP, WLAN and Ethernet technologies," said Pat Sullivan, Vice President and General Manager for Broadcom's VoIP Line of Business. "Through Vonage, Broadcom will reach over a million consumers and provide them with a high-quality IP telephony experience." About Broadcom Broadcom Corporation is a global leader in semiconductors for wired and wireless communications. Our products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment. Broadcom provides the industry's broadest portfolio of state-of- the-art system-on-a-chip and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices. These solutions support our core mission: Connecting everything(R). Broadcom, one of the world's largest fabless semiconductor companies with annual revenue of more than $2.5 billion, is headquartered in Irvine, Calif., and has offices and research facilities in North America, Asia and Europe. Broadcom may be contacted at 1-949-450-8700 or at http://www.broadcom.com. About Vonage(R) Vonage is a pioneer in the Internet telephony industry. Vonage's award winning service is sold on the web and through national retailers. Vonage Holdings Corp. is headquartered in Holmdel, New Jersey. For more information about Vonage's products and services, please visit http://www.vonage.com or call 1-VONAGE-HELP. Safe Harbor Statement of Broadcom Corporation 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. Our Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Securities and Exchange Commission filings discuss the foregoing risks as well as other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. The forward-looking statements in this release speak only as of this date. We undertake no obligation to revise or update publicly any forward-looking statement for any reason. Broadcom(R) is among the trademarks of Broadcom Corporation and/or its affiliates in the United States, certain other countries and/or the EU. Any other trademarks or trade names mentioned are the property of their respective owners.
Source: prnewswire
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