"The cloud and datacenter market is going through a discontinuity with rapidly changing requirements driving a convergence of computing, networking and security," said Syed Ali, President and CEO of Cavium. "Cavium's core competencies and IP are uniquely matched to deliver a compelling value proposition to the cloud and datacenter."Project Thunder provides a scalable family of 64-bit ARMv8 processors incorporated into a highly differentiated SoC architecture optimized for cloud and datacenter applications. The family of SoCs will integrate high-performance compute, networking, security, storage along with targeted workload application acceleration and high-speed industry standard IOs. Project Thunder processors will provide up to 10x price, performance and power value proposition over alternative solutions for target applications. Cavium will announce the details of Project Thunder at a later date. For more information contacts us at: http://cavium.com/processor_Project_Thunder.html About Cavium Cavium is a leading provider of highly integrated semiconductor processors. Cavium offers a broad portfolio of integrated, software compatible processors ranging in performance from 10 Mbps to over 100 Gbps that enable secure, intelligent functionality in enterprise, data-center, broadband/consumer and access & service provider equipment. Cavium's processors are supported by ecosystem partners that provide operating systems, tool support, reference designs and other services. Cavium's principal offices are in San Jose, California with design team locations in California, Massachusetts, India and China. For more information, please visit: http://www.cavium.com ARM is a registered trademark of ARM Limited in the EU and other countries. MIPS is a registered trademark of MIPS Technologies, Inc. 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. 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 results to differ materially from those expressed or implied by such forward-looking statements include but are not limited to risks and uncertainties related to Cavium's ability to design, develop, manufacture, assemble and test Project Thunder products and technologies; Cavium's ability to forecast market demand, future technological developments and implementation factors for Project Thunder products; Cavium's ability to penetrate new product markets; competition in performance, price and other product factors in Cavium's current and future product markets; whether Cavium is successful in marketing its products; general economic conditions; and other risks and uncertainties described more fully in Cavium's 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 its Form 10-Q filed with the Securities and Exchange Commission on May 7, 2012. All forward-looking statements in this press release are based on information available to Cavium as of the date hereof and qualified in their entirety by this cautionary statement, and Cavium assumes no obligation to revise or update these forward-looking statements. SOURCE Cavium, Inc.