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Marvell Delivers Custom Ethernet Network Interface Controller Solution at Open Compute Project

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SANTA CLARA, Calif., Oct. 14, 2024 /PRNewswire/ — 2024 OCP Global Summit  – Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced the development of FBNIC, a custom 5nm network interface controller (NIC) ASIC in collaboration with Meta to meet the company’s infrastructure and use case requirements. The FBNIC board design will also be contributed by Marvell to the Open Compute Project (OCP) community.

FBNIC combines a customized network controller designed by Marvell and Meta, a co-designed board, and Meta’s ASIC, firmware and software. This custom design delivers innovative capabilities, optimizes performance, increases efficiencies, and reduces the average time needed to resolve potential network and server issues.

“The future of large-scale, data center computing will increasingly revolve around optimizing semiconductors and other components for specific applications and cloud infrastructure architectures,” said Raghib Hussain, President of Products and Technologies at Marvell. “It’s been exciting to partner with Meta on developing their custom FBNIC on our industry-leading 5nm accelerated infrastructure silicon platform. We look forward to the OCP community leveraging the board design for future innovations.”

Key FBNIC Features

Ethernet network interface support for 4x100GE, 2x100GE, 4x50GE, 2x50GE, 4x25GE and 2x25GE with SerDes support for up to 56G PAM4 per lane.Multi-host PCIe interface supports four independent Gen5 x4 ports.Complete firmware control with access to all hardware internals enabling the ability to deliver innovative customized capabilities and reduce mean time to resolve potential issues.Compliant with OCP NIC 3.0, Version 1.2.0 Design Specification and will be released to the OCP community.

About Marvell

To deliver the data infrastructure technology that connects the world, we’re building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world’s leading technology companies for over 25 years, we move, store, process and secure the world’s data with semiconductor solutions designed for our customers’ current needs and future ambitions. Through a process of deep collaboration and transparency, we’re ultimately changing the way tomorrow’s enterprise, cloud, automotive, and carrier architectures transform—for the better.

Marvell and the M logo are trademarks of Marvell or its affiliates. Please visit www.marvell.com for a complete list of Marvell trademarks. Other names and brands may be claimed as the property of others.

This press release contains forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future events, results or achievements. Actual events, results or achievements may differ materially from those contemplated in this press release. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict, including those described in the “Risk Factors” section of our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and other documents filed by us from time to time with the SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and no person assumes any obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

For further information, contact:
Kim Markle
pr@marvell.com

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IEM Donates $100,000 to Support Hurricane Relief Efforts in North Carolina and Florida

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MORRISVILLE, N.C., Oct. 14, 2024 /PRNewswire/ — As part of our commitment to community resilience and recovery, IEM International, Inc., a recognized leader in emergency management and disaster recovery, donated $100,000 to state-led hurricane relief funds in North Carolina and Florida. With deep ties to both states—our headquarters in North Carolina and a strong presence in Florida—we are proud to stand with state and local leaders and first responders in helping survivors rebuild their lives following the devastating impact of Hurricanes Helene and Milton.

IEM contributed $50,000 to the North Carolina Disaster Relief Fund to support recovery from Hurricane Helene, and $50,000 to the Florida Disaster Fund to support recovery from Hurricanes Helene and Milton.

Both states experienced significant damage and loss, with entire communities facing the daunting task of rebuilding. IEM has employees deployed across the Southeast to assist state and local governments in supporting and augmenting their response and recovery operations.

“The destruction caused by Hurricanes Milton and Helene left individuals, families, and communities with an overwhelming recovery ahead,” said Bryan Koon, IEM President and CEO. “We are honored to support the communities where we live and work. North Carolina and Florida are home to many of our team members, and our team is working closely with local leaders to ensure that these areas recover and rebuild stronger after the storms.”

“With over 40 years of experience in disaster recovery, IEM understands the long-term needs of communities facing recovery from catastrophic events. This donation is part of our broader commitment to building resilience nationwide,” said Madhu Beriwal, IEM Founder and Chairwoman.

“On behalf of Volunteer Florida, we would like to thank IEM for their generous financial support to the Florida Disaster Fund as we continue statewide recovery efforts following Hurricanes Helene and Milton,” said Josie Tamayo, CEO of Volunteer Florida. “Their contribution will provide critical resources to help rebuild the impacted communities.”

“We are deeply grateful to IEM for their generous $50,000 donation to the NC Disaster Relief Fund. Their commitment to helping government partners navigate the recovery process is invaluable. Together, we will not only rebuild but also create stronger, more resilient communities prepared for the challenges ahead,” commented Brittany Pruitt Fletcher, President and CEO, United Way of North Carolina.

About IEM
As the largest woman- and minority-owned management consulting firm in the world, IEM is at the forefront of building a safe, secure, and resilient world. Founded in 1985, IEM integrates science, technology, and real-world experience to provide our clients with innovative solutions and outcomes that matter. Our services encompass emergency management, homeland security, long-term disaster recovery, critical infrastructure, project and grants management, logistics, public health, digital citizen services, innovative technologies, and public engagement and outreach. For more information, visit iem.com.

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Step Up to More Runtime and Better Performance™: CRAFTSMAN® Adds to V20* BRUSHLESS RP™ Line

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Latest additions include a drill/driver, hammer drill and impact driver Limited time deal: CRAFTSMAN CLUB® members get a free V20* battery with the purchase of $149 or more worth of select CRAFTSMAN® products**

TOWSON, Md., Oct. 14, 2024 /PRNewswire/ — Stanley Black & Decker’s iconic CRAFTSMAN® brand is adding several new additions to its V20* BRUSHLESS RP™ line of power tools designed to deliver more runtime and better performance‡. The latest additions include a drill/driver, hammer drill, impact driver, screwdriver, 2-tool combo kit and circular saw to help tackle those big DIY projects on your list, whether you’re creating a feature wall, building a pergola, or refinishing furniture.

“At CRAFTSMAN, we are committed to providing tools that empower our users to tackle just about any size home project with confidence,” said Josh Tarini, director of product management at CRAFTSMAN®. “Our new V20* BRUSHLESS RP™ products are designed to offer more power, performance and reliability. With the V20* battery system, you can easily switch between tasks, keeping your momentum going strong.”

New products added to the CRAFTSMAN® V20* BRUSHLESS RP™ lineup include:

V20* BRUSHLESS RP™ 1/2 in. Drill/Driver Kit (CMCD725D2) – Get pro performance with up to 60% more power and up to 34% faster drilling. Work for extended periods with a brushless motor that has a 2-speed gear box and drills up to 2,000 no-load RPM and 130 holes per charge1.V20* BRUSHLESS RP™ 1/2 in. Hammer Drill (Tool Only) (CMCD726B) – Complete long tasks by drilling up to 34% faster2 with up to 2,000 no-load RPM.V20* BRUSHLESS RP™ Cordless 1/4-in. Impact Driver (Available in Bare and Kitted) (CMCF830B, CMCF830D2) – Complete large projects with up to 55% faster driving and up to 24% more runtime3.V20* BRUSHLESS RP™ Screwdriver (Tool Only) (CMCF610B) – Drive up to 560 fasteners per charge4 with a high-efficiency motor that drives up to 1,080 no-load RPM.V20* BRUSHLESS RP™ 2-Tool Combo Kit (2 Batteries) (CMCK2530C2) – Experience up to 60% more power5 using the Drill/Driver and 1,800 in-lbs. of max driving torque using the Impact Driver.V20* BRUSHLESS RP™ 4.5 in. Circular Saw (Tool Only) (CMCS405B) – Perfect for tight spaces and extended-reach applications, the circular saw’s brushless motor delivers up to 4,500 no-load RPM for efficient cutting through various materials.

Free 4Ah Battery** for CRAFTSMAN CLUB® Members with $149 or More Purchase of Qualifying CRAFTSMAN® Products
Now through October 31, 2024, CRAFTSMAN CLUB® members can receive a free CRAFTSMAN® 4Ah battery**, an estimated $119 retail value, with the purchase of any V20* products or select mechanics tool sets (CMMT12125L, CMMT99080L and CMMT99121L) totaling $149 or more. Available in-store and online at participating retailers. For more details and to shop the promo, click here.

New CRAFTSMAN® V20* BRUSHLESS RP™ products are available in stores and online where CRAFTSMAN® products are sold. To learn more about these products and the entire line of CRAFTSMAN® tools and solutions, visit www.CRAFTSMAN.com.

* Maximum initial battery voltage (measured without a workload) is 20 volts. Nominal voltage is 18.

** Valid only on purchases of select products totaling $149 made by CRAFTSMAN CLUB® members from 9/1/24 to 10/31/24. Offer available in-store or online at Lowe’s, Ace Hardware, Blain’s Farm & Fleet, CRAFTSMAN.com, and Amazon.com (excluding 3rd party sellers and resellers). Receipt must be submitted by 11/15/24. Valid only in contiguous U.S. (excludes Alaska and Hawaii). Restrictions apply. Go to https://www.craftsman.com/pages/battery-redemption-terms-and-conditions for full details.

‡ CRAFTSMAN® brushless motors are capable of achieving higher efficiency, longer runtime and outputting higher power per unit volume when compared to like CRAFTSMAN® brushed motors using like batteries and types of applications.

1 CMCD725D2: More power based on MWO vs. CMCD700 drill/driver using CMCB202 battery; faster drilling vs. CMCD700 drill/driver using CMCB202 battery drilling 3/4″ Irwin speed bore drill bit into 2x SPF, speed 2; and holes per charge using CMCB202 battery drilling 3/4″ Irwin speed bore drill bit into 2x SPF, speed 2.

2 CMCD726: vs. CMCD700 drill/driver using CMCB202 battery (sold separately) drilling 3/4″ Irwin speed bore drill bit into 2x SPF, speed 2.

3 CMCF830B/CMCF830D2: faster driving 3″ deck screw into 4×4 pressure treated lumber vs. CMCF800 impact driver and CMCB202 battery; more runtime per charge, driving 3″ deck screws into 4×4 pressure treated lumber vs. CMCF800 impact driver and CMCB202 battery.

4 CMCF610B: on average, using CMCB202 battery (sold separately) based on time to install 2 1/2″ screws into 2 pieces of SPF on max clutch setting.

5 CMCK2530C2: based on MWO vs. CMCD700 drill/driver using CMCB2011 battery.

About CRAFTSMAN®
CRAFTSMAN® is an American icon that homeowners and auto enthusiasts have trusted since 1927 – and today’s CRAFTSMAN® continues that legacy. With a focus on reliable, high-performance tools, storage and equipment, CRAFTSMAN® has revived its long-established pride in superior quality. Now it’s easier than ever to get the tools trusted for generations at more places than ever. For more information visit www.CRAFTSMAN®.com or follow CRAFTSMAN® on FacebookInstagram and TikTok.

About Stanley Black & Decker
Founded in 1843 and headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is a worldwide leader in Tools and Outdoor, operating manufacturing facilities globally. The Company’s approximately 50,000 diverse and high-performing employees produce innovative end-user inspired power tools, hand tools, storage, digital jobsite solutions, outdoor and lifestyle products, and engineered fasteners to support the world’s builders, tradespeople and DIYers. The Company’s world class portfolio of trusted brands includes DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet®. To learn more visit: www.stanleyblackanddecker.com or follow Stanley Black & Decker on FacebookInstagramLinkedIn and X.

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Autire Partners with CPAmerica to Transform the EBP Auditing Process

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CPAmerica, Inc. is excited to announce a new partnership with Autire Technologies, welcoming them as a new Preferred Provider for the association.

GAINESVILLE, Fla., Oct. 14, 2024 /PRNewswire-PRWeb/ — CPAmerica, Inc. is excited to announce a new partnership with Autire Technologies, welcoming them as a new Preferred Provider for the association. Autire, a cutting-edge SaaS solution, is an end-to-end, fully automated, standards-based auditing tool designed to streamline Employee Benefit Plan (EBP) audits, allowing CPA firms to complete audits in half the time they’re used to.

“Through our partnership with Autire, member firms will gain access to auditing solutions, enhancing efficiency and precision in the EBP audit process,” said Horvath.

Built by CPAs for CPAs, Autire automates and validates key audit steps, simplifying the auditor’s workflow. With comprehensive documentation and clear insights into audit outcomes and risks, Autire makes the process more manageable. The platform also provides easy onboarding, customized training, and ongoing support to ensure smooth adoption

“We’re thrilled to partner with CPAmerica and provide its member firms with a solution that not only streamlines employee benefit plan audits but also enhances accuracy and compliance,” said Brian Price, CEO of Autire. “By cutting audit time by more than 50%, Autire enables firms to focus on delivering higher-value services while reducing risk and improving profitability.”

Autire joins over 70 CPAmerica Preferred Providers and is eager to help member firms transform their EBP audit processes through instantaneous risk assessment, standards-based deliverables, and customizations at the firm and plan level.

“We are excited to welcome Autire as our latest Preferred Provider,” said Grace Horvath, President & CEO of CPAmerica. “Through our partnership with Autire, member firms will gain access to auditing solutions, enhancing efficiency and precision in the EBP audit process.”

About CPAmerica, Inc.:
CPAmerica, Inc. is an accounting association made up of independent certified public accounting firms that is built on four key goals: to continuously improve; to make more money; to strengthen relationships among member firms; and to bring prestige to firms both domestically and internationally. CPAmerica is a member of Crowe Global, an accounting network with 230+ independent accounting and advisory services firms in 140+ countries that have a combined firm revenue of $5.3 billion. Learn more about CPAmerica at http://www.cpamerica.org.

About Autire:
Autire is a comprehensive SaaS platform designed to streamline and optimize the 401(k) audit process, transforming it from a time-consuming, error-prone task into an efficient, accurate, and profitable operation for CPA firms. As the industry’s only all-in-one, fully automated, standards-based auditing solution, Autire features full population testing, automated risk assessments, and instant error detection, making audits faster, more reliable, and far less labor-intensive. With a focus on reducing audit fatigue, ensuring compliance, and boosting firm profitability, Autire helps modern CPA firms stay competitive in today’s demanding regulatory environment. For more information about Autire, visit Autire.com.

Media Contact

Amy Azoulay, CPAmerica, Inc., 352-727-4070, aazoulay@cpamerica.org, www.cpamerica.org

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