1. Provide high-speed Network Processors (NPUs)

2. The Network Processor (NPU) VisionPC
NP (Network Platform)
NPU
CPU
Network Processor (NPU) is a programmable chip, designed specifically to process packets (data, voice and video) and be used in networking products such as switches and routers.
Like Pentium in PCs, Network Processors will eventually be found in all networking products.
Furthermore, such products can be based on standard Network Platforms (NPs). EMS (Electronic Manufacturing Services) companies will build and sell the NPs to systems vendors which will add their SW and sell it to their customers.
Network Processors (NPU’s) are processors that were designed specifically for networking products
Just as Pentium processors are at the core of PC’s, NPU’s will eventually be found in all types of communication equipment, replacing ASICs that are currently used.
ASICs are chips that each system vendor builds in-house, tailored to the specific product being designed. ASICs require long design cycles and cannot be modified to adapt for changing technologies and markets, generally requiring a different ASIC to be developed for each new product or application.
NPUs are programmable chips and therefore can be adjusted to include new features and applications to be used across multiple product lines.
Network Processor based products include all types of communication equipment. Products that basically form the networking infrastructure.

3. ASIC NPU NPUs vs. ASICs Networking Products
Before NPUs became available networking products were built from ASICs (Application Specific Integrated Circuits). With the right price and features NPUs will replace ASICs over time.
ASICs are fixed function chips that require very long design cycles and cannot be redesigned quickly enough to keep up with Internet dynamics, such as QoS in carrier class Ethernet.
NPUs can be easily programmed to support all Internet requirements, including QoS in carrier class Ethernet products.
Network Processors (NPU’s) are processors that were designed specifically for networking products
Just as Pentium processors are at the core of PC’s, NPU’s will eventually be found in all types of communication equipment, replacing ASICs that are currently used.
ASICs are chips that each system vendor builds in-house, tailored to the specific product being designed. ASICs require long design cycles and cannot be modified to adapt for changing technologies and markets, generally requiring a different ASIC to be developed for each new product or application.
NPUs are programmable chips and therefore can be adjusted to include new features and applications to be used across multiple product lines.
Network Processor based products include all types of communication equipment. Products that basically form the networking infrastructure.

4. Services Cards vs. Line Cards
NPU
Line Cards
ASICs
Whereas the inflexible ASICs are located in cost-sensitive Gigabit Ethernet line cards – usually ten per box.
Can NPUs become more affordable and make the transition into line cards to provide flexibility at the port level?
NPUs
NPUs are generally more expensive and today are used mostly in services cards – usually one card per box – to provide flexibility and add new features.

5. logic logic Can NPUs be Affordable? logic
Advanced silicon process technology reduces the gate size
But the size of analog I/O pads stays almost unchanged
180nm nm nm nm
EZchip die size driven by logic
“Core Limited”
EZchip die size driven by pads
“Pad Limited”
logic
logic
logic
logic
Network Processors (NPU’s) are processors that were designed specifically for networking products
Just as Pentium processors are at the core of PC’s, NPU’s will eventually be found in all types of communication equipment, replacing ASICs that are currently used.
ASICs are chips that each system vendor builds in-house, tailored to the specific product being designed. ASICs require long design cycles and cannot be modified to adapt for changing technologies and markets, generally requiring a different ASIC to be developed for each new product or application.
NPUs are programmable chips and therefore can be adjusted to include new features and applications to be used across multiple product lines.
Network Processor based products include all types of communication equipment. Products that basically form the networking infrastructure.
At 130nm and below EZchip NPUs, like ASICs, are becoming pad-limited with similar die sizes and costs

6. EZchip Wins Through Integration
NP-2
130nm is EZchip’s first step in replacing ASICs on line cards with unlimited flexibility at ASIC cost, targeting carrier products
Line Card
NP-3
90nm is a complete line card on a chip that will further reduce the cost of carrier class products and with the price points to replace ASICs in core enterprise products as well
NP-1
NPU
Optics
Ethernet Phys
Ethernet MACs
Traffic Managers
Fabric Interface
Search Engines

7. What the Experts Say: Linley Gwennap
Linley Gwennap and Bob Wheeler
A Guide to Network Processors, November 2004
“Startup EZchip has established itself as the leading vendor of 10Gbps NPUs, focusing on metro and high-end enterprise applications……... We expect 10Gbps NPUs to comprise 30% of 2007 NPU revenue, and EZchip could capture half of this revenue.”
Linley Gwennap
Light Reading, August 2005
“Intel and AMCC are studiously ignoring that high-end market and letting EZchip run away with it”

8. What the Experts Say: George Gilder
“EZchip is no longer a venture investment; it is a rip roaring winner, my best pick since Qualcomm.”
“In the world of network processors, EZchip Inside may soon become as ubiquitous as Intel Inside has become in the microprocessor world.”
George Gilder Gilder Technology Report October 2004
“Show me the Money.”
George Gilder Gilder Technology Report August 2005

9. EZchip’s Background Information
EZchip founded in 1999 as a LanOptics (LNOP) spin-off
60% held by LanOptics; LanOptics only asset
EZchip is practically a publicly traded company
Head count – 80; 60 in R&D
EZchip raised over $60M; last $10M closed in July 2005
LanOptics, Goldman Sachs, JK&B, Star and Blue Run
Products
NP-1 – Sampled in April 2002 as a proof of concept
NP-1c – Commercial shipments started in December 2003
NP-2 – Sampled in 6/05, production expected in Q1/06
Customers as of August 2005
Over 60 active design wins; many large systems vendors

10. EZchip’s Active Design Wins

11. Summary NP-1 established EZchip as the high-speed NPU leader
Targeting services cards, usually one per box
At <130nm EZchip NPUs and ASICs have similar cost structure
But NPUs are flexible and ASICs are not
First step in replacing ASICs on line cards
Targeting line cards in carrier products, usually 10 per box
A complete line card on a chip
Adding core enterprise line cards
Focus on building our customer base
The large players are Cisco, Huawei, Juniper, Nortel and Alcatel. Three of the five are already NP-2 customers

12. System design can be hard or EZ