SANTA CLARA, Calif., July 28 /PRNewswire-FirstCall/ -- The Marvell
Foundation, a non-profit organization founded by Marvell (Nasdaq: MRVL),
today announced it has raised over $1.1 million for disaster relief in
China and Burma. The company's employees worldwide have donated
approximately $552,000 -- in excess of $100 per employee. The company made
a matching contribution to the Foundation.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070411/SFW034LOGO)
Shortly after the disasters, Marvell instituted a plan to assist
employees in making donations to the relief efforts in both countries and
to double the value of those donations with a matching contribution from
Marvell. The Marvell Foundation will donate the disaster relief funds to
relief efforts on the ground.
Dr. Sehat Sutardja, Marvell's president and chief executive officer,
said, "We knew that many Marvell employees were deeply concerned and
saddened by the disasters in China's Sichuan province and in Burma. We
wanted to ensure that financial contributions would help to relieve the
suffering of those who have been directly impacted."
"Many Marvell employees have close ties to Asia," he continued. "I know
how much they want to help victims of these disasters, and we're proud that
the Marvell Foundation will maximize the impact of their contributions."
About The Marvell Foundation
The Marvell Foundation, a 501(c) (3) organization, is a venue for
citizenship and corporate social responsibility efforts at Marvell.
About Marvell
Marvell (NASDAQ: MRVL) is a leader in the development of storage,
communications, and consumer silicon solutions. The company's diverse
product portfolio includes switching, transceiver, communications
controller, wireless, and storage solutions that power the entire
communications infrastructure including enterprise, metro, home, and
storage networking. As used in this release, the terms "company" and
"Marvell" refer to Marvell Technology Group Ltd. and its subsidiaries. For
more information, visit http://www.marvell.com.
Marvell(R) is a registered trademark of Marvell or its affiliates.
Other names and brands may be claimed as the property of others.
For Further Information Contact:
Marvell Media Relations Ogilvy PR
Diane Vanasse Ian Yellin
Tel: 408.242.0027 Tel: 415.677.2714
dvanasse@marvell.com ian.yellin@ogilvypr.com
SOURCE Marvell
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Related links:
http://www.marvell.com
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20070411/SFW034LOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Media Relations, Diane Vanasse of Marvell,
+1-408-242-0027, dvanasse@marvell.com; or Ian Yellin of Ogilvy
PR, +1-415-677-2714, ian.yellin@ogilvypr.com, for Marvell
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