The LTC4242 Hot SwapTM controller allows safe board insertion and removal for two independent slots on a PCI Express backplane. External N-channel transistors control the 12V and 3.3V supplies while integrated switches control the 3.3V auxiliary supplies. Both 12V and 3.3V supplies can be ramped up at an adjustable rate. Dual level circuit breakers and fast active current limiting protect all supplies against overcurrent faults.