SUNNYVALE, Calif. -- Applied Micro Circuits Corporation (NASDAQ:AMCC) today announced a significant expansion of its relationship with IBM. IBM will incorporate the entire AMCC PowerPC(R) 4xx embedded processor product portfolio into its Semiconductor Solutions offering, effective immediately.

Under this expanded relationship, AMCC and IBM's Semiconductor Solutions worldwide sales forces will both market AMCC's PowerPC 4xx products into key embedded processor markets, such as datacom/telecom networking, wireless infrastructure, printing/imaging and storage. This relationship reinforces AMCC's market success and award winning solutions in its fast growing PowerPC product line.

"AMCC is pleased to team with one of the premiere technology leaders in the world in order to seek new sales opportunities and move into new markets. Expanding our relationship with IBM is a key step to accelerating the growth of our PowerPC 4xx processor business," said Daryn Lau, Senior Vice President of Corporate Marketing and Strategy at AMCC. "By marketing our PowerPC 4xx family of products as part of its technology solutions offerings, IBM will add to our already growing customer base. We welcome this expanded relationship with IBM and are confident it will strengthen both companies."

Applied Micro Circuits Corp. (Nasdaq: AMCC)