Calabasas-based Fulcrum Microsystems announced that it has shipped a new, SPI-4.2 based system interconnect switch for multi-gigabit networking and storage systems. The company's FM1020 is targeted at applications such as packet processing in high density Ethernet I/O cards, and supports speeds of up to 10Gbps and beyond. Fulcrum's chips are used for chip-to-chip, low-latency interconnects for designing high speed networking products. Fulcrum is backed by Infinity Capital, New Enterprise Associates, Palomar Ventures, and Worldview.