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IKOS' VStation-5M Purchased by Transmeta for Processor and Chipset Verification

SAN JOSE, Calif.--(BUSINESS WIRE)--May 14, 2001--IKOS Systems, Inc. (Nasdaq:IKOS), a leading provider of high-performance design verification solutions, today announced that it has received a sales order from Transmeta (Santa Clara, Calif.) for their VStation-5M emulation and co-modeling system. The sale was in excess of $1 million. Transmeta will use VStation for early verification of hardware and software components with the overall system in the development of processors and chipsets targeted towards Internet appliance and laptop processor applications.

Godfrey D'Souza, director of VLSI design for Transmeta, noted, ``Certainly, VStation's co-modeling capability was the critical advantage for us in selecting IKOS' technology. In an era where there are a number of diverging emulation solutions, we were looking for a more fully integrated verification environment that would give us a significant edge in meeting our milestones. For Transmeta, that edge is the ability to move the hardware/software co-design and verification up into an earlier phase of the design flow. We could not accomplish this with any other emulation product.''

Ramon Nunez, president and CEO for IKOS Systems, stated, ``Transmeta's need to have software integration earlier in its design flow speaks specifically to the unique co-modeling capability offered in our VStation-5M. The targeted market applications of Internet appliances and laptop processors mandates that the processors and chipsets developed for those applications work right the first time. There is no margin of error in terms of not having the software and hardware work correctly in the final system implementation or having to re-spin the chip if it does not work right on the first pass.

``Transmeta's use of VStation-5M fits in exactly with our overall long-term market goals and strategies,'' continued Nunez. ``With VStation-5M we can address the broadest range of emulation needs through co-modeling, in-circuit emulation or a combination of both. Through this wide applicability, we believe that we will be poised to uniquely address the critical verification demands of some of the most rapidly growing target market segments in the areas of computing and communications.''

Transmeta will utilize IKOS' VStation-5M in the development of processors and chipsets ranging in size from 3-5 million gates. The processors are targeted towards Internet appliance and laptop end products.

Transmeta's premier product is the Crusoe processor, a low power x86-compatible family of solutions specially designed for the New World of Mobile Internet Computing. Its proprietary Code Morphing technology is used to significantly reduce the processor's power consumption without sacrificing performance. Advanced power management techniques maximize battery life by dynamically matching performance levels to application demand. All Crusoe processors are fully x86 compatible, PC compatible, and Internet compatible.

ABOUT VSTATION-5M

IKOS' VStation-5M is a complete verification station offering easy-to-use in-circuit emulation; high-performance co-modeling through the Transaction Interface Portal (TIP); data streaming with virtually unlimited vector width and fully integrated RTL compile and debug capabilities. VStation-5M can verify highly complex designs up to 5 million gates, has expandable memory capacity up to 48Mbytes and operates at emulation speeds up to 2MHz. It incorporates IKOS' patented Virtual Logic compiler and VirtualWires technology and provides a complete SoC verification solution featuring easy memory modeling; accurate modeling of asynchronous clocks; fast, fully automated partitioning and compilation as well as 100% visibility of all internal and external signals. It has a compact form factor measuring 24.5``H x 28.5''D x 16``W (622 mm x 724 mm x 406 mm); weighs 110 lbs. (49.9 kg) and operates on 90-264V AC power. VStation-5M is priced beginning at $455,000 (U.S. List Price) including software.

ABOUT TRANSMETA

Transmeta (Nasdaq:TMTA) is a publicly traded company located in Santa Clara, Calif. Transmeta develops and sells software-based microprocessors and develops additional hardware and software technologies that enable computer manufacturers to build computers that simultaneously offer long battery life, high performance and x86 compatibility. Transmeta's family of Crusoe microprocessors is targeted at the notebook and Internet appliance segments of the mobile Internet computer market, as well as ultra-dense servers. To learn more about Transmeta and the Crusoe microprocessor, visit www.transmeta.com.

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 develop and deliver high performance solutions that enable our customers to verify the functional correctness of their complex electronic system designs. 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 located at 79 Great Oaks Blvd., San Jose, Calif., 95119, 408/284-0400. 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.

Note to Editors: IKOS, VirtuaLogic, VirtualWires and VStation are trademarks of IKOS Systems. Crusoe, Code Morphing, LongRun and Transmeta are trademarks and or registered trademarks of Transmeta Corp. in the United States and/or other countries. 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, San Jose
     Linda Prowse Fosler, 408/361-9667
     linda@ikos.com
        or
     Pam Wasserman, 650/363-0142 (Public Relations)
     pam@leepr.com
        or
     Peter DeNardo, 925/938-2678 ext. 223 (Investor Relations)
     pdenardo@demer-ir.com

Copyright 2001, Internet Business Systems, Inc.
1-888-44-WEB-44 --- marketing@ibsystems.com