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SILICON VALLEY, Calif., July 3 /PRNewswire/ -- Speed to Market today announced that LSI Logic (Milpitas, Calif.), one of the world's leading designers and manufacturers of communications and storage semiconductors, has selected the Company's Concerto software for managing New Product Development (NPD) in their ASIC Technology Division. LSI Logic joins the rank of companies such as Lucent, Medtronic, Philips, Seagate and Siemens who are already using Concerto to manage their product development resources.

``We are pleased to serve the needs of LSI Logic,'' said Sanjeev Gupta, Speed to Market CEO. ``Concerto will help LSI Logic consolidate its leadership in an innovation-driven industry through constraints-based optimization of their development resources to boost throughput and accelerate time-to-market.''

About Speed to Market

Speed to Market provides Concerto NPD Management software. Concerto's core technology is constraints-based resource optimization in uncertain product development environments. Since bottleneck resources control throughput of an R&D pipeline, this breakthrough technology enables organizations to improve the effectiveness of those resources. Around this breakthrough, Concerto offers a complete portfolio and pipeline management system for managing new product development.

Concerto is licensed to over 10,000 users in North America, Asia, Europe and Africa. Speed to Market is located at 2 North First Street, San Jose, Calif. 95113. Phone is 408-271-1711. Website is www.speedtomarket.com.