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IKOS Systems Forms iPARTNER Program to Address Growing Design Verification Complexity

SAN JOSE, Calif.--(BUSINESS WIRE)--June 11, 2001--IKOS Systems, Inc. (Nasdaq:IKOS), a leading provider of high-performance design verification solutions, today announced the IKOS iPARTNER program to provide joint verification solutions for System on Chip (SoC) and platform-based design. The new program consolidates IKOS' existing partner activities and provides a focal point for third-party vendors to work with IKOS in providing advanced joint verification solutions for customers working with increasingly complex SoC designs for applications including mobile device, networking and graphics. Members of the IKOS iPARTNER program include ARM Ltd., Atrenta Inc., Cadence Design Systems, Inc., CoWare, Inc., Ixia, MIPS Technologies, Inc., Model Technology (a Mentor Graphics company), Novas Software, Inc., SUN Microsystems, Inc., Synopsys, Inc., Verisity Design, Inc. and Xilinx, Inc.

IKOS' hardware-assisted verification products address customers' growing demands for high-performance, high-capacity verification capabilities needed to ensure success in leading-edge SoC designs. By coupling their tools with IKOS products in joint verification solutions, third-party electronic design automation (EDA) providers are able to offer customers innovative verification solutions needed to meet evolving verification challenges. With the iPARTNER program, IKOS now offers a program specifically created to address the growing breadth of third-party tools integrated with IKOS products.

iPARTNER's benefit from access to IKOS' leading emulation and simulation products, and the support in integrating to them. The iPARTNER program also provides a vehicle for the establishment of third-party relationships and for promotion of joint solutions.

``One of the secrets to IKOS' success is the range of solutions we are able to provide customers by working closely with a wide variety of partners. The iPARTNER program brings these activities together under one umbrella to ensure that as we continue to grow, our partner activities have focus and continuity'', said Linda Prowse Fosler, vice president of marketing for IKOS Systems.

Farhad Hayat, vice president of marketing for verification at Synopsys, Inc. said of iPARTNER, ``We are very happy to see the fruits of our joint work, as part of this program benefiting our customers. Our verification products such as VCS and Vera are ideal complements to the IKOS platforms.''

``Verisity is excited to be working with IKOS under the auspices of the iPARTNER program. By integrating SpecMan to the IKOS platforms we are jointly delivering even more effective verification solutions,'' said Dave Tokic, director of marketing at Verisity Design, Inc.

``Novas has developed a close relationship with IKOS as we've worked together to integrate the Debussy debug system with their high-performance verification platforms. We are delighted to be one of the first members of the iPARTNER program,'' remarked Kathleen Leavitt, vice president of marketing at Novas Software, Inc.

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 deliver high performance solutions that enable our customers to verify the functional correctness of their complex electronic system design. 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.

IKOS and iPARTNERS are trademarks of IKOS Systems. VCS and Vera are trademark of Synopsys, Inc. SpecMan is a trademark of Verisity Design, Inc. All other brand or product names may be trademarks or registered trademarks of their respective companies and should be treated as such.


Contact:
     IKOS
     Linda Prowse Fosler, 408/361-9667
     linda@ikos.com
      or
     Public Relations
     Pam Wasserman, 650/363-0142
     pam@leepr.com
      or
     Investor Relations
     Peter DeNardo, 925/938-2678 Ext. 223
     ikosir@demer-ir.com

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