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AMCC's nP3700 Integrated Network Processor and Traffic Manager Now Sampling

Posted on: Wednesday, 7 July 2004, 06:00 CDT

Applied Micro Circuits Corporation (AMCC) (NASDAQ: AMCC) today announced that its popular nP3700 integrated network processor and traffic manager is currently sampling to Tier One OEMs. In related news, market research firm Gartner, Inc. again ranked AMCC No. 1 worldwide in network processor marketshare for 2003. The company's network processing portfolio delivered a significant revenue increase from calendar year 2002 to 2003. AMCC has held this top leadership position since the inception of the network processing industry, and AMCC network processors are used in a wide range of communications equipment in the access, metro and core segments of the network.

The company's nP3700 integrated network processing and traffic management solution serves as the cornerstone of AMCC's popular MISSION(TM) multi-service switching solution. A breakthrough, single-platform approach to delivering more features across multiple protocols and services, MISSION represents the next step for multi-service switches and core/edge routers, delivering Universal Port Services at Dedicated Port Economics(TM). The nP3700 utilizes AMCC's nP5(TM) technology, enabling developers to deliver extremely fine-grained control of subscriber traffic without impacting the ability to perform complex ATM and packet internetworking at media speeds.

"No other vendor has the breadth and depth of network processing experience and proven track record that we do," said Mark Hunsicker, vice president of marketing for AMCC's Communications Group. "Though many of our competitors claim they have integrated solutions, they still require additional components -- while our traffic management and network processing history enables us to design and deliver high-performance, truly integrated solutions. Our customer-oriented and driven approach enables us to maintain our leadership position in this market."

The nP3700 family and nPsoft(TM) Development Environment were designed from the ground up to reduce customers' software investment, and decrease customer time-to-market while increasing time-in-market. AMCC's customers include Alcatel, Cisco Systems, Fujitsu, Huawei Technologies, Lucent Technologies, Marconi and Nortel Networks.

About AMCC

AMCC provides the essential building blocks for the processing, moving and storing of information worldwide. The company blends systems and software expertise with high-performance, high-bandwidth silicon integration to deliver silicon, hardware and software solutions for global wide area networks (WAN), embedded applications, storage area networks (SAN), and high-growth storage markets such as Serial ATA (SATA) RAID. AMCC's corporate headquarters are located in San Diego, California. Sales and engineering offices are located throughout the world. For further information regarding AMCC, please visit our web site at http://www.amcc.com.

Forward Looking Statements

The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements, including statements relating to anticipated growth of markets and sales of products, are subject to a number of risks and uncertainties, including the risk that the markets would not grow as anticipated and that the products would not be completed or released to production on time, if at all, or that the demand for the products would not materialize. As a result of these risks and uncertainties, actual results may differ materially from these forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and AMCC does not assume any obligation to update any forward-looking statement.

AMCC is a registered trademark of Applied Micro Circuits Corporation. All other trademarks and registered trademarks are the property of their respective owners.

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