EZchip Semiconductor Ltd., formerly LanOptics Ltd., is engaged in the development, manufacturing and marketing of solutions and Internet applications to improve the connectivity and performance of corporate local area networks (LAN) and wide area networks (WAN). The Company’s business consists of the business of the subsidiary, EZchip Technologies Ltd (EZchip), a fabless semiconductor company that is engaged in the development and marketing of Ethernet network processors for networking equipment. EZchip provides its customers with solutions that scale from 1-Gigabit to 100-Gigabit per second with a common architecture and software across all products. EZchip’s network processors provide the flexibility and integration that enable triple-play data, voice and video services in access, metro and edge systems that make up the new Carrier Ethernet networks.