Vitesse Semiconductor (NASDAQ: VTSS) is a fabless supplier of high-performance integrated circuits (ICs), application software and integrated turnkey systems solutions used primarily in Carrier, Enterprise and industrial Internet of Things (IoT) network applications. With its corporate DNA in Carrier service provider networking, Vitesse has historically focused on both Carrier and Enterprise networking, selling into many of the leading OEMs that service these markets. Today, Vitesse is a leading supplier of ICs for next-generation Ethernet-based Carrier, Enterprise, and IoT networks worldwide. We design, develop and market a diverse portfolio of high-performance, feature-rich, low-power and cost-competitive Ethernet networking and connectivity IC solutions, associated applications and protocol software. For over 30 years, Vitesse has been a leading innovator in networking and connectivity solutions, leading adoption of new technologies in Carrier and Enterprise networking. Many of the technologies Vitesse developed for Carrier and Enterprise networking are highly synergistic in emerging adjacent markets, such as the industrial Internet of Things (IoT), automotive, storage and other networks converging on Ethernet. Vitesse continues leading the forefront to enable diverse networking industries to make the transition from legacy to standards-based, ubiquitous Ethernet Everywhere"_ networking.