Contacts:

Tamotsu Harada JEITA Phone: +81-3-3518-6424 Email: t-harada@jeita.or.jp

Pam Parrish EDA Consortium Phone: 408-287-3322 Email: parrish@edac.org

SAN JOSE, California, June 12, 2001 - The Japan Electronics and Information Technology Industries Association (JEITA) and the EDA (Electronic Design Automation) Consortium today announced a joint cooperation agreement in support of the annual Electronic Design and Solution (EDS) Fair. With the support the EDA Consortium's 119 members companies, the cooperation raises worldwide awareness of the EDS Fair and supports greater participation of global exhibitors and attendees, provides a broader view of EDA technology, expands the EDA market in Japan, and establishes better communication between worldwide EDA companies and other electronic design industries. In its ninth year, the EDS Fair is the most comprehensive event in Japan for designers of electronic products with 90 exhibitors including EDA, IP, FPGA/PLD, IC vendors and design houses.

JEITA is a primary sponsor of the EDS Fair and its subordinate organization, the EDA Technical Committee, substantially manages the EDS Fair. The mission of the EDS Fair is to fulfill today's requirements for new solutions by combining advanced technologies and to contribute to, and further promote, the development and growth of electronics and related industries.

"This cooperation opens the door for new collaborative efforts and enhanced relationships between electronic companies worldwide. We believe our collaboration, through an internationalization of the EDS Fair, will bring substantial benefits to the electronics industry in Japan" said Takashi Kambe, Chairman of the EDA Technical Committee of JEITA and Deputy Division General Manager of Design Technology Development Laboratories, Integrated Circuits Group, SHARP Corporation.

"Our goal was to provide a focused event in Japan for our member companies and we are very pleased that JEITA, as the sponsor of the EDS Fair, has entered into this mutually beneficial agreement with EDA Consortium." said Ray Bingham, Chairman of EDA Consortium and CEO and president of Cadence Design Systems.

"We are delighted to actively support the Electronic Design and Solution Fair," added Pamela Parrish, executive director of the EDA Consortium. "As the premiere event in Japan, the EDS Fair offers designers the most advanced technology solutions for the evolution of electronic products."

"We will be able to enrich the EDS Fair by establishing a cooperation with EDA Consortium" said Tamotsu Hiwatashi, Chairman of the EDS Fair and Senior Manager of Planning Department of System LSI Division, Toshiba Corporation Semiconductor Company. "Consequently, the EDS Fair will provide designers in Japan with the most advanced information available, also, it will provide new business opportunities to design solution companies in the United States, Europe and other regions in the world. The cooperation of JEITA and EDA Consortium will promote further evolution of the industry."

About JEITA
The Japan Electronics and Information Technology Industries Association (JEITA) was inaugurated on November 1, 2000, through the merger of the Japan Electronic Industry Development Association (JEIDA) and Electronic Industries Association of Japan (EIAJ). At the time of its establishment, JEITA's membership included 422 full members (including 10 associations) and 158 associate members (including nine associations), for a total of 580 members. For more information, visit www.jeita.org.jp.

About the EDA Consortium
Founded in 1989, the EDA Consortium is an international association of companies engaged in the development, manufacture, and sale of electronic design automation tools and services. The Consortium's mission is to promote the health of the industry and does so by leading forums to discuss industry issues, sponsoring the DAC and DATE conferences, and disseminating relevant information such as revenue statistics through the Market Statistics Service. The Consortium is composed of a board of directors of industry CEOs with active committees and supporting staff.

For more information, contact EDA Consortium, 111 West Saint John Street, Suite 220, San Jose, California, 95113, USA, office 408-287-3322, fax 408-283-5283, or visit www.edac.org.

About Electronic Design Automation (EDA)
Electronic Design Automation (EDA) is the fundamental means by which electronic engineering ideas become reality. EDA provides the software and design services vital to the creation and delivery of the world's electronic products. EDA products and services are used by virtually every major semiconductor and electronics systems company in the world including, computer, communications, consumer electronics, medical and aerospace. The industry employs over 20,000 people and more than 500,000 people use its tools and services.