Velio and AMCC Confirm Interoperability of Complete OC-192/Quad OC-48 Sonet Grooming Switch Solution

Business Wire, June 3, 2002

Forward-Looking Statements

The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements, including statements relating to the products discussed in this press release are subject to a number of risks and uncertainties, including the risk that the products would not be successfully or timely, developed or manufactured or achieve market acceptance, risks relating to general economic conditions, as well as the risks and uncertainties set forth in the Company's Annual Report on Form 10-K, and in other filings of the Company with the Securities and Exchange Commission. As a result of these risks and uncertainties, actual results may differ materially from these forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and AMCC does not assume any obligation to update any forward-looking statement.

Velio and Velio Communications are trademarks of Velio Communications. AMCC is a trademark of Applied Micro Circuits Corporation. All other trademarks are the property of their respective owners.

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