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Cadence and CreOsys Announce Joint Development of Web-based Collaborative Design Products
SAN JOSE, Calif. and FREMONT, Calif.--(BUSINESS WIRE)--March 21,
2001--Cadence Design Systems, Inc. (NYSE: CDN), the world's leading
supplier of electronic design products and services, and CreOsys,
Inc., the leading provider of a Web-based communication infrastructure
for the global engineering industry, today announced a joint
development project for new Internet-based collaborative design
products and services, designed to set new standards for
state-of-the-art, secure services.
The joint development is expected to be based on the CreOsys
Internet-based real-time communications infrastructure and products,
which focus on system and IC design engineers. These products
currently form the basis for a variety of Web-based technology
services, including Taiwan Semiconductor Manufacturing Company's
Web-based Internet Layout Viewer service. This new development will
bring together the expertise CreOsys displays in the Internet
communications and infrastructure technology and the leadership
Cadence® offers in EDA tools and design solutions.
``We believe that CreOsys offers the only data access architecture
optimized for EDA today,'' said Kuochun Lee, president and founder at
CreOsys. ``And we are the only company that allows engineers real-time
desktop sharing and design communication.''
``The Internet has enabled global design and supply chain
collaboration, which is changing in a fundamental way how designs are
being done today,'' said Adriaan Ligtenberg, senior vice president,
eMerging Business, at Cadence. ``CreOsys has been the pioneer in this
space by integrating secure Internet collaboration capabilities with
the Cadence tool set.''
With the improved services that are expected to become available
later this year, Cadence and CreOsys will have taken another step to
significantly increase design productivity.
Cadence currently offers advanced Virtual Computer-Aided Design
(VCAD) services. Cadence VCAD customers can access tools and expertise
securely over the Internet, thereby, allowing Cadence to provide
``virtual on-site support''. This announcement demonstrates Cadence's
commitments of leveraging the Internet to gain designer productivity
and process improvements.
About CreOsys
CreOsys is the leading provider of Web-based communication
infrastructure for the global engineering industry. Through its
innovative web-based client/server solutions customer can
significantly increase design productivity, shorten design schedules
and win repeat business. Company founders have leveraged several years
of experience in integrated circuit design, EDA and Internet
technologies to develop the only data access architecture optimized
for EDA, utilizing EE-specific viewers, data security and multiple
levels of access and control.
CreOsys participates in alliance programs with Cadence Design
Systems, Sun Microsystems, Oracle Corporation and Artisan Library.
CreOsys provides several leading semiconductor companies and foundries
software to connect distributed teams together and communicate
effectively independent of distance and time zone. More information
about CreOsys can be found at http://www.creosys.com.
About Cadence
Cadence is the largest supplier of electronic design automation
products, methodology services, and design services used to accelerate
and manage the design of semiconductors, computer systems, networking
and telecommunications equipment, consumer electronics, and a variety
of other electronics-based products. With approximately 5,400
employees and 2000 revenues of approximately $1.3 billion, Cadence has
sales offices, design centers, and research facilities around the
world. The Company is headquartered in San Jose, Calif. and traded on
the New York Stock Exchange under the symbol CDN. More information
about the company, its products and services may be obtained from the
World Wide Web at www.cadence.com.
Note to Editors: Cadence and the Cadence logo are registered
trademarks of Cadence Design Systems, Inc. All other trademarks and
registered trademarks are property of their respective holders.
Contact:
Cadence Design Systems, Inc.
Arbella Issabey, 408/428-4456
arbellai@cadence.com
or
CreOsys, Inc.
Jing Wen Yuan, 510-796-1111
jingwen@creosys.com
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