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NetLogic Microsystems Contact:
James McDermott
NetLogic Microsystems, Inc.
650-961-6676 x 117
jmcdermott@netlogicmicro.com

Cavium Networks Contact:
Angel Atondo
Cavium Networks
650-623-7033
angel.atondo@caviumnetworks.com

NetLogic Microsystems and Cavium Networks Collaborate to Offer a 20 Gigabits-per-Second Reference Solution

Joint Platform from NetLogic Microsystems and Cavium Networks Targets the Networking, Communications and Wireless Markets

Mountain View, Calif. – Oct 9, 2006 – NetLogic Microsystems, Inc. [NASDAQ: NETL], the leader in the design and development of knowledge-based processors, and Cavium Networks, a worldwide leader in security, network services and embedded processor solutions, today announced the availability of a joint reference platform that incorporates NetLogic Microsystems’ GLQ family of knowledge-based processors and Cavium Networks’ OCTEON™ Multi-core MIPS64® processor to provide a 20 Gigabits-per-second (Gbps) reference solution.  NetLogic Microsystems’ knowledge-based processor enables network and application awareness by accelerating high-performance packet/content inspection, flow classification, access control list (ACL) security, Internet Protocol version 6 (IPv6) routing and quality of service (QoS) processing, while Cavium Networks’ OCTEON Multi-core MIPS64 processor performs advanced embedded networking functions. The collaborative OCTEON-KBP Reference Design Kit is intended to speed customer system development resulting in significantly reduced time to market and system development costs.

The OCTEON-KBP Reference Design Kit is targeted at the high-growth networking, communications, and wireless markets.  The joint platform offers significant power, performance and time-to-market advantages for equipment vendors developing next-generation routers, intelligent switches, multi-service access equipment, 3G wireless infrastructure equipment, Advanced Telecommunications Computing Architecture (ATCA) systems, Advanced Mezzanine Cards (AMCs), network security appliances, multi-protocol storage switches, and border session gateways.

 “We are excited to team with Cavium Networks to enable advanced applications such as quadruple-play (convergence of video, voice, data and mobility) to deliver unparalleled performance for our customers,” said James McDermott, director of marketing for NetLogic Microsystems. “By offering pre-packaged hardware and software interoperability with Cavium’s Multi-core MIPS64 based processor, NetLogic Microsystems continues to extend its leadership position in the knowledge-based processor market.”

 The market-leading knowledge-based processors from NetLogic Microsystems offer high-performance and advanced parallel processing intelligence on packet-based protocols such as IPv6 routing, virtual private LAN services (VPLS), policy-based routing, per-flow and VoIP management required by customers to develop next-generation systems.  By employing an advanced superscalar with deep pipelining architecture, the device provides superior parallel processing capabilities and offers leading-edge features and advanced low-power modes.

 “For customers requiring very high performance ACLs and route forwarding, Cavium Networks is pleased to offer a comprehensive joint solution utilizing industry-leading knowledge-based processors from NetLogic Microsystems,” said Amer Haider, director of strategic marketing and eco-system development at Cavium Networks.  “As a result of our close collaboration, we are providing significant benefits to our common customers that include reduced customer engineering costs and quick time to market.”

 The OCTEON Multi-core MIPS64 processor family is a scalable multi-core MIPS64 based processor family with 4 to 16 cores on a single chip at up to 1GHz with integrated up to 8x Gigabit Ethernet and/or up to 2x SPI4.2 networking interfaces, integrated 144-bit 800-DDR2 memory controller, 1x or 2x 18bit RLDRAM memory controller with knowledge-based processor connectivity and internal hardware acceleration for packet processing, TCP, optional encryption, compression / decompression and string matching.

The OCTEON-KBP Reference Design Kit supports the OCTEON CN38XX as well as the recently announced OCTEON Plus CN58XX with 2x SPI-4.2 interfaces that allow for 20 Gbps of networking connectivity via pluggable daughter cards. The NetLogic Microsystems knowledge-based processor is connected to the OCTEON processor via a dedicated interface with an intermediate FPGA.  This jointly developed reference platform is the first of a number of collaborative opportunities envisioned for NetLogic Microsystems and Cavium Network.

Availability
The OCTEON-KBP Reference Design Kit is available today from Cavium Networks.  The knowledge-based processor, software APIs and intermediate FPGA code are available directly from NetLogic Microsystems.

About NetLogic Microsystems
NetLogic Microsystems, Inc. (NASDAQ:NETL - News), a fabless semiconductor company located in Mountain View, Calif., designs, develops and markets high performance knowledge-based processors for a variety of advanced Internet, corporate and other networking systems, such as routers, switches, network security appliances, network access equipment and networked storage devices. NetLogic Microsystems' knowledge-based processors use an advanced processor architecture and a large knowledge or signature database to make complex decisions about individual packets of information traveling through the network. Knowledge-based processors from NetLogic Microsystems significantly enhance the ability of networking OEMs to supply network service providers with systems offering more advanced functionality for the Internet, such as application-based routing, voice transmission over the Internet, or VoIP, unified threat management (UTM) network security, virtual private networks, or VPNs, and streaming video and audio. NetLogic Microsystems' knowledge-based processors are interoperable with industry-leading CPUs, NPUs and routing/switching processors. For more information about products offered by NetLogic Microsystems, call 650.961.6676 or visit the NetLogic Microsystems Web site at http://www.netlogicmicro.com.

About Cavium Networks
Cavium Networks is a worldwide leader in security, network services and embedded processor solutions. Cavium Networks' award-winning NITROX and MIPS64-based OCTEON families of processors and accelerator boards offer flexible, scalable and highly integrated solutions delivering 50Mbps to 10Gbps performance. The company's products are integrated into a wide range of networking equipment that include routers, gateways, network appliances, content switches, wireless LAN access/aggregation points, servers and storage networking devices. Cavium Networks is headquartered in the heart of Silicon Valley in Mountain View, CA with development centers in Marlboro, MA and Hyderabad, India. For more information, please visit: http://www.caviumnetworks.com

NetLogic Microsystems and the NetLogic Microsystems logo are trademarks of NetLogic Microsystems, Inc.   OCTEON is a trademark of Cavium Networks, Inc. All other trademarks are properties of their respective owners.

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"Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995:  Statements in this press release regarding NetLogic Microsystems’ business which are not historical facts may be "forward-looking statements” that involve risks and uncertainties. Forward-looking statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited to, customer acceptance and demand for our products, the volume of sales to our principal product customers, manufacturing yields for our products, the timing of manufacture and delivery of product by our foundry suppliers, the length of our sales cycles, our average selling prices, the strength of the OEM networking equipment market and the cyclical nature of that market and the semiconductor industry. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors” in the Company's reports on Forms 10-K and 10-Q, as well as other reports that NetLogic Microsystems files from time to time with the Securities and Exchange Commission.  All forward-looking statements are qualified in their entirety by this cautionary statement, and NetLogic Microsystems undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.