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IKOS Systems Ships Next-Generation Emulator to Early Adopters

CUPERTINO, Calif.--(BUSINESS WIRE)--Jan. 3, 2001--IKOS Systems, Inc. (Nasdaq:IKOS) a leading provider of high-performance design verification solutions, today announced the shipment of its next-generation VStation emulator. This latest generation of emulators from IKOS represents the company's fourth generation in four years. Each generation has more than doubled the capacity available to users while maintaining a lower cost per gate.

The new generation leads the industry in providing capacity of 12 - 15 million gates in one system and up to 45 million gates in multi-system configurations, plus substantial enhancements to key productivity features such as co-modeling, multi-module compile and improved compiler performance.

The higher gate capacity of the new system is critical for customers verifying complex SoC designs. Ramon Nunez, president and CEO of IKOS Systems noted, ``Leading edge companies are creating designs in the 10 million gate range today and projecting that their next design will be at least double that size. This new generation of product from IKOS will support even the most complex SoC design verification requirements for several generations of chips to come.'' Nunez continued, ``Our patented VirtualWires(TM) technology allows us to create a new generation of emulator every 12 - 18 months. These systems are backward compatible to previous generations to protect the customer's original investment. Our proven track record of product development enables customers to have complete confidence that we will be able to keep up with their verification requirements.''

Linda Prowse Fosler, vice president of marketing for IKOS explained, ``We are delighted with the confidence so many customers have shown in our ability to develop and deliver quality products on schedule. Each advance order for this new system is both a compliment and a trust.''

ABOUT IKOS

IKOS Systems, Inc. (Nasdaq:IKOS) is a technology leader in high-performance design verification solutions, including hardware and software simulation for language-based design, logic emulation for system integration and compatibility verification, and verification services. The company's mission is to help customers realize their high-complexity electronic systems through innovative design verification solutions. IKOS has direct sales operations in North America, UK, France, Germany, Benelux, Japan, and India, and a distribution network throughout Asia-Pacific and Israel. The corporate headquarters is at 19050 Pruneridge Ave., Cupertino, Calif., 95014, (408) 255-4567. For more information visit http://www.ikos.com.

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance and development of the company's existing and new products, increased levels of competition for the company, new products and technological changes, the company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time-to-time in the company's periodic reports filed with the Securities and Exchange Commission.

IKOS is a trademark of IKOS Systems. All other brand or product names may be trademarks or registered trademarks of their respective companies and should be treated as such.


Contact:
     IKOS Systems, Inc.
     Linda Prowse Fosler, 408/366-8667
     linda@ikos.com
     Kella Knack, 650/508-0371 (Public Relations)
     Kjcomk@cs.com
     Peter DeNardo, 925/938-2678 ext. 223 (Investor Relations)
     pdenardo@demer-ir.com

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