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Cavium Networks Announces Availability of Higher Performance 1.8GHz Per-core OCTEONŽ II CN63XX Processor Family

Upgraded per-core frequency enables 20% performance boost expanding usage in higher-end control plane and system designs requiring higher single-threaded software performance

Mountain View, Calif., June 8, 2011—Cavium Networks (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for networking, communications, and the digital home, announced today that it has delivered its OCTEON® II CN63XX 2 to 6-core MIPS64 processors with up to 10.8GHz of 64 bit processing with each CPU core running at up to 1.8GHz to customers worldwide. This new 1.8GHz operating frequency more than doubles the CPU core frequency available relative to the previous generation of OCTEON Plus processors providing customers a huge performance boost along with R&D investment re-use. The performance upgrade also enhances Cavium’s competitive position in the embedded processor market segment.

Higher per-core frequency allows Cavium to address new markets including higher-end control plane, and integrated control and data plane applications that require high single-threaded software performance. Coupled with the broad shipment of Cavium’s flagship OCTEON II CN6880 processor which provides up to 48GHz of industry-leading 64 bit compute power across 32 cores, the availability of OCTEON II CN63XX production silicon is accelerating OEM designs to market for a variety of applications from the low-end to the high-end with seamless software compatibility and multi-chip scalability. As a result, the OCTEON II processor family is now a leading choice at multiple Tier 1 OEM customers worldwide and has been widely designed into their flagship products across routers, switches, 3G/4G base-stations, services cards, security gateways and appliances, storage networking and mobile infrastructure equipment.

“The OCTEON II family represents many years of constant innovation and refinement in our multi-core architecture, technology and design methodology, industry-proven through hundreds of customer designs and engagements,” said Anil Jain, Corporate Vice President of IC Engineering at Cavium Networks. “We are pleased to be able to offer not only the highest overall SoC application performance but also leading single-core frequency delivering a compelling solution for an even broader range of customers.”

With 2 to 6 custom-designed MIPS64 cores running at up to 1.8GHz per core, a 2MB shared L2 cache, DDR3 controller, integrated XAUI, GbE, sRIO and PCIe Gen2 I/O’s, and the industry’s most comprehensive hardware acceleration for encryption/decryption, Deep Packet Inspection, packet processing and compression/decompression, the CN63XX family offers a compelling processing platform with leading performance per dollar and performance per watt.

About Cavium Networks
Cavium Networks is a leading provider of highly integrated semiconductor products that enable intelligent processing for networking, communications and the digital home. Cavium Networks offers a broad portfolio of integrated, software-compatible processors ranging in performance from 10 Mbps to 40 Gbps that enable secure, intelligent functionality in enterprise, data-center, broadband/consumer and access and service provider equipment. Cavium Networks processors are supported by ecosystem partners that provide operating systems, tool support, reference designs and other services. Cavium Network’s principal offices are in Mountain View, CA with design team locations in California, Massachusetts, China, India and Taiwan. For more information, please visit: http://www.caviumnetworks.com.

For additional information, contact:

Cavium Networks Contact:
Angel Atondo
Sr. Marketing Communications Manager,
Cavium Networks, 805 East Middlefield Road,
Mountain View, CA 94043,
Telephone: +1 650-623-7033.
Email: angel.atondo@caviumnetworks.com


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Note on Forward-Looking Statements
This press release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. These forward-looking statements involve risks and uncertainties, as well as assumptions and current expectations. Our actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks, uncertainties and assumptions. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include but are not limited to the rate at which our new products are adopted; technological advances; pricing pressures; general economic conditions; manufacturing difficulties, development of new products and technologies; whether Cavium is successful in marketing its products; and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact Cavium’s business are set forth in the “Risk Factors” section of our Form 10-K filed with the Securities and Exchange Commission on February 28, 2011. All forward-looking statements in this press release are based on information available to us as of the date hereof and qualified in their entirety by this cautionary statement, and we assume no obligation to revise or update these forward-looking statements.

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