McGregor Joins Broadcom as President and CEO

McGregor Joins Broadcom as President and CEO

IRVINE, Calif., Jan. 3 /PRNewswire-FirstCall/ -- Broadcom Corporation (NASDAQ:BRCM) announced that Scott A. McGregor today joined the company as President and Chief Executive Officer and a member of the Board of Directors, following his formal election to those positions by the Broadcom Board of Directors.

McGregor, 48, who most recently served as President and CEO of the Philips Semiconductors division of Royal Philips Electronics in The Netherlands, started work today in his new position at Broadcom's headquarters in Irvine, Calif. In its October 26, 2004 announcement regarding McGregor's appointment, the company noted that his start date would be today.

McGregor succeeds Alan E. "Lanny" Ross, a semiconductor industry veteran and long-time member of Broadcom's Board of Directors who took on the additional position of President and CEO in January 2003. At that time, Ross, who is 69, said he would stay on as CEO until the company found a long-term successor. Ross will continue to serve on the Board of Directors.

About Broadcom

Broadcom Corporation is a leading provider of highly integrated semiconductor solutions that enable broadband communications and networking of voice, video and data services. We design, develop and supply complete system-on-a-chip (SoC) solutions incorporating digital, analog, radio frequency (RF), microprocessor and digital signal processing (DSP) technologies, as well as related hardware and software system-level applications. Our diverse product portfolio addresses every major broadband communications market and includes solutions for digital cable and satellite set-top boxes; high definition television (HDTV); cable and digital subscriber line (DSL) modems and residential gateways; high-speed transmission and switching for local, metropolitan, wide area and storage networking; home and wireless networking; cellular and terrestrial wireless communications; Voice over Internet Protocol (VoIP) gateway and telephony systems; broadband network and security processors; and SystemI/O(TM) server solutions. These technologies and products support our core mission: Connecting everything(R). Broadcom is headquartered in Irvine, Calif., and may be contacted at 1-949-450-8700 or at www.broadcom.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

All statements included or incorporated by reference in this release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.

Our Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Securities and Exchange Commission filings discuss the foregoing risks as well as other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. The forward-looking statements in this release speak only as of this date. We undertake no obligation to revise or update publicly any forward-looking statement for any reason.

Broadcom(R), the pulse logo, Connecting everything(R), the Connecting everything logo and SystemI/O(TM) are trademarks of Broadcom Corporation and/or its affiliates in the United States and certain other countries. Any other trademarks or trade names mentioned are the property of their respective owners.

Broadcom Business Press Contact
Bill Blanning
Sr. Director, Corporate Communications
949-926-5555
blanning@broadcom.com

Broadcom Investor Relations Contact
T. Peter Andrew
Sr. Director, Investor Relations
949-926-5663
andrewtp@broadcom.com


Source: Broadcom Corporation

CONTACT: Business Press, Bill Blanning, Sr. Director, Corporate
Communications, +1-949-926-5555, blanning@broadcom.com, or Investor Relations,
T. Peter Andrew, Sr. Director, Investor Relations, +1-949-926-5663,
andrewtp@broadcom.com, both of Broadcom

Web site: http://www.broadcom.com/


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