SAN JOSE, Calif., April 23, 2001--IKOS Systems, Inc. (Nasdaq: IKOS) and TransEDA (LSE: TRA.L), leading providers of functional verification solutions for electronic system-on-chip (SoC) and intellectual property (IP) designs, today announced a series of local seminars looking at the challenges and solutions of verifying complex system-on-chip (SoC) designs.

The seminars will be held May 15, 2001 in Birmingham , May 16, 2001 in Sophia Antipolis and May 18, 2001 in Munich. Full details of the times and locations can be found on the IKOS website along with an online registration – http://www.ikos.com/seminars . Registrations end close of day May 9, 2001.

“With companies spending 50-70% of system-on-chip development time on the verification of that device, the subject of verification productivity continues to be a hot topic,” said Linda Prowse Fosler, vice president of marketing at IKOS Systems. “The companies working at the forefront of the complex designs are selecting the best in class tools to help them through this process. These seminars are creating an open forum for us to discuss some of the innovative solutions that are available to improve this process.”

“The growing verification gap can only be addressed by applying a wide range of verification solutions,” said Tom Borgstrom, vice president of marketing at TransEDA. “These seminars will give design and verification engineers an opportunity to learn new ways they can cut the system and IC verification time while reducing schedule and development risk.”<

The seminars are aimed at both designers of complex ASIC devices and project managers and will draw on the experiences of both IKOS and TransEDA’s customers. These seminars will show how verification solutions can accelerate product development, reduce cost and risk, and most important enables you to get your ASIC right the first time. Attendees will leave the seminar with a better understanding of high performance verification technologies, their application and benefits.

All seminars are free of charge but seats are limited. All attendees need to register for attendance at http://www.ikos.com/seminars.

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, The Netherlands, Japan, and India, and a distribution network throughout Asia-Pacific and Israel. The corporate headquarters is at 79 Great Oaks Blvd., San Jose, Calif., 95119, (408) 284-0400

ABOUT TRANSEDA

TransEDA PLC (LSE: TRA.L) develops and markets software and IP for verifying electronic integrated circuit (IC) and system on a chip (SoC) designs. The company’s verification IP library includes models for advanced microprocessors and bus interfaces. The company’s design verification solutions perform system level testbench automation, configurable HDL checking, coverage analysis, test suite analysis, and state machine analysis. TransEDA’s customers include 18 of the top 20 semiconductor vendors, which represent 74% of the worldwide semiconductor industry. For more information, contact TransEDA at 985 University Avenue, Los Gatos, California 95032, telephone (408) 335-1300, fax (408) 335-1319, email info@transeda.com, or visit http://www.transeda.com.

IKOS, VStation and VirtualWires are trademarks of IKOS Systems. TransEDA, Verification Navigator, VN-Cover, VN-Check, VN-State and VN-Optimize are trademarks of TransEDA PLC. All other brand or product names may be trademarks or registered trademarks of their respective companies and should be treated as such.