A programmable processor and system for improving the performance of processors by incorporating an execution unit operable to decode and execute single instructions specifying three registers each containing a plurality of data elements, the execution unit operable to multiply the first and second registers and add the third register to produce a catenated result containing a plurality of data elements. Additional instructions provide group floating-point subtract, add, multiply, set less, and set greater equal operations. The set less and set greater equal operations produce alternatively zero or an identity element for each element of a catenated result, the result facilitating alternative selection of individual data elements using bitwise Boolean operations and without requiring conditional branch operations.