Xelerated Honored by 2009 International Business AwardsSM as Finalist for Best New Product in the Computer Hardware Industry
HX and AX Lines of Devices Offer Low-Cost, Highly-Flexible Solutions for the Carrier Ethernet and Unified Access Markets STOCKHOLM--(Business Wire)-- Xelerated, the global leader in field-proven Carrier Ethernet ASSP-based chipsets, today announced it was named a finalist in the Best New Product or Service - Computer Hardware category of The 2009 International Business Awards. Xelerated earned finalist honors for its HX family of network processors and AX family of programmable ethernet switches for the Carrier Ethernet and unified access markets, respectively. The HX offers the low cost and power efficiency of custom-designed ASICs while bringing the network processor advantages of reduced time to market and value differentiation through software. The AX is the first line of devices to provide network equipment vendors (NEVs) and carriers with a unified Ethernet-based FTTx access solution for Active Ethernet, EPON, GPON, 10G PON, LTE and WiMAX using a single design. These highly flexible solutions enable NEVs and carriers to manage bandwidth-intensive applications, introduce new services and adapt to new standards and requirements. "We are excited to be selected as a finalist by the prestigious International Business Awards, and extend our sincere congratulations to all other honorees," said Thomas Axelsson, CEO of Xelerated. "Our HX and AX product lines accelerate return-on-investment and offer the highest flexibility solutions at the lowest cost. This honor further supports our leading position in the Carrier Ethernet and unified access markets." The International Business Awards are the only global, all-encompassing business awards program honoring great performances in business. Honorees were selected from more than 1,700 entries received from organizations and individuals in more than 30 countries. "Despite the harsh economic climate, entries to the IBAs actually grew a bit this year, and that illustrates the increasing importance of The International Business Awards worldwide," said Michael Gallagher, president of The Stevie Awards, presenters of the IBAs. "We congratulate all of the honorees, and we look forward to recognizing them for their achievements at our gala awards dinner in New York on September 14." About The Stevie Awards Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com. National Sponsors of the 2009 International Business Awards include the Korean Business Communicators Association and the Public Relations Society of India. Media Sponsors include CorpComms magazine and Berlin`s JazzRadio 101.9. Localization Partner for the 2009 IBAs is Lionbridge. Vantage Communications Ilene Adler, 415-984-1970 ext. 102 iadler@pr-vantage.com or Xelerated, AB Elisabet Jarstrand, +46 739 61 28 10 Director Market Communications elisabet.jarstrand@xelerated.com Copyright Business Wire 2009
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