Cisco Recognizes Marvell with Excellence in Delivery & Flexibility Award

SANTA CLARA, Calif., Sept. 24, 2012 /PRNewswire/ -- Marvell (Nasdaq: MRVL) today announced that it has received the 2012 Excellence in Delivery & Flexibility award from Cisco.

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This prestigious award recognizes Marvell for not only consistently supporting upsides and other inventory redirects, but demonstrating proactive world class leadership in collaborating with Cisco in the areas of delivery and flexibility. The distinction was awarded during Cisco's 21st Annual Supplier Appreciation Event, held September 6 at the Santa Clara Convention Center.

"Marvell delivers outstanding supply flexibility by maintaining best in class cycle time to recovery (CT2R) across all products, and also by consistently exceeding our expectations with an on time delivery performance of 99 percent," said Roger Bhikha, Senior Director, Global Supplier Management, Cisco. "Marvell has demonstrated outstanding collaboration and adoption of the Global Hub Process, and we are pleased to honor them with the 'Excellence in Delivery and Flexibility' award."

"Marvell is deeply invested in the success of our customers and partners. It is an honor to receive the Excellence in Delivery & Flexibility award from Cisco, which recognizes Marvell's consistent and dependable delivery of products. After being named Cisco's 'Supplier of the Year' in 2011, this recognition highlights Marvell's strong partnership and commitment to the world's leader in networking," said Weili Dai, Co-Founder of Marvell. "I truly believe this award can be attributed to our core business philosophy of 'win-win'. I would like to thank Cisco for its trust in Marvell, and I'm very proud of our team and would like to express my gratitude for their innovation and dedication."    

Cisco presented awards to suppliers in recognition of their contributions to Cisco's success in fiscal year 2012. At the event Cisco celebrated the shared successes of its global value chain with strategic suppliers and manufacturing partners and reaffirmed its commitment to a strong, continued partnership that will further accelerate innovation.

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 and the M logo are registered trademarks of Marvell and/or its affiliates. Other names and brands may be claimed as the property of others.

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SOURCE Marvell Semiconductor, Inc.