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Snell & Wilcox Standardizes On Innoveda Solution
MARLBORO, Mass.--(BUSINESS WIRE)--Aug. 27, 2001--Innoveda, Inc.
(Nasdaq:INOV), a leading provider of innovative software and services
for the design of advanced electronic products, today announced that
Hampshire, UK-based Snell & Wilcox is standardizing on the company's
PowerPCB(TM) layout solution for developing highly complex printed
circuit boards. Snell & Wilcox chose PowerPCB because of its superior
technology, high level of functionality, and ease of use, and plans to
use it throughout its five sites.
Snell & Wilcox designs and builds high-end broadcast and video
equipment for production, post-production, conversion, compression and
other specialized video processing functions. It has pioneered many of
the techniques used in cutting-edge TV productions and blockbuster
movies, and has received four Emmy awards by The National Academy of
Television Arts and Sciences in the United States.
PowerPCB Enhances Design Environment
Several years ago, Snell & Wilcox began to move its PCB design
activities in-house. This year, it decided to migrate to a more
sophisticated EDA environment to enable its design team to tackle the
most complex boards for its high-end products.
According to Matt Boxall, principal PCB designer at Snell &
Wilcox, the company selected PowerPCB after evaluating a number of
alternatives. ``Innoveda's technology stood out amongst the other
solutions evaluated. PowerPCB fully met our performance and
functionality criteria. Moreover, the interface to our existing CAD
tools was the best we evaluated. Using PowerPCB, we have been able to
create complex designs within a short time frame. Technical support is
included as part of our maintenance contract and, on the rare
occasions when we have required a visit, the support engineers have
been very responsive to our needs. We have also been pleased that many
of the items on our `wish-lists' have been or will be incorporated in
future PowerPCB releases.''
``Snell & Wilcox was able to make a clear decision to standardise
on PowerPCB after experiencing the power and convenience it offers,''
added Geoff Hicks of Millennium Technology Ltd., Innoveda's UK
Value-Added Reseller (VAR) that provided introductory training. ``The
company produces exceptionally complex, multi-layer designs requiring
fine track and gap dimensions and impedance control. Power PCB
comfortably meets these requirements.''
Joseph J. Clark, Innoveda's vice president of alternate channels,
added, ``We're delighted that Snell & Wilcox put PowerPCB to the test
in its applications, and found it valuable, and easy to learn and use.
Each PowerPCB installation is fully supported by Innoveda and its
worldwide sales partners.''
Tool Described
PowerPCB is a powerful shape-based, rules-driven design layout
solution with automatic and interactive routing, and OLE automation
functionality, for seamless interoperability with front-end design and
backend test, repair and manufacturing processes. PowerPCB supports
the Microsoft standard interface for programming - combining
automation methods and a Visual Basic engine with object-linking and
embedding capabilities. This standard interface facilitates seamless
integration with all other Windows-based complementary design tools
and applications.
CAM utilities provided with PowerPCB enable designers to output
DirectCAM, drill data, Gerber, and other standard data-exchange
formats. DirectCAM output eliminates the need to read Gerber files
into CAM, which saves time and eliminates errors.
About Innoveda
Innoveda, Inc. (Nasdaq:INOV) is a leading provider of innovative
software and services that help engineers visualize, design and build
advanced electronic systems for companies participating in the
telecommunications, transportation, computer and consumer electronics
markets. The company enjoys a rich heritage of technical innovation
from the merger of Viewlogic Systems, Inc. and Summit Design, Inc.
that formed Innoveda, and the subsequent merger of Innoveda and PADS
Software, Inc. These unions form the foundation of Innoveda's
comprehensive electronic product solutions for system-level design,
design capture, board design and electromechanical design.
Headquartered in Marlboro, Mass., Innoveda has offices worldwide.
Additional information can be found at: http://www.innoveda.com/
Forward-Looking Statements
This press release includes forward-looking statements that are
subject to a number of risks and uncertainties. All statements, other
than statements of historical facts, included in this press release
including, without limitation, statements regarding Innoveda's
financial projections for any period, strategy, future operations,
financial position, prospects, plans, goals and objectives of
management are forward-looking statements. When used in this press
release, the words ``will'', ``believe'', ``anticipate'', ``intend'',
``estimate'', ``expect'', ``project'', ``plan'' and similar expressions are
intended to identify forward-looking statements, although not all
forward-looking statements contain these identifying words. We cannot
guarantee future results, levels of activity, performance or
achievements, and you should not place undue reliance on our
forward-looking statements. Our forward-looking statements do not
reflect the potential impact of any future transactions or strategic
alliances. Our actual results could differ materially from those
anticipated in these forward-looking statements as a result of various
factors, including the ability of Innoveda to successfully integrate
its business combinations, recent economic uncertainty, weakness in
the business of our customers, the cyclical nature of the electronics
industry, the failure of Innoveda's quarterly results to meet market
expectations, the impact of financial charges related to business
combinations and restructuring, the intense competition Innoveda
faces, Innoveda's ability to develop new products, and the other risks
described in Innoveda's annual report on Form 10-K for the fiscal year
ended December 30, 2000 as filed with the Securities and Exchange
Commission on March 30, 2001, Innoveda's most recent quarterly report
on Form-10Q and the other public filings made by Innoveda with the
SEC, which factors are incorporated herein by reference.
Note to editors: Innoveda, the Innoveda logo and PowerPCB are
trademarks of Innoveda, Inc.
Contact:
North America: Europe/Middle East:
Sarah Miller Peter van der Sluijs
508.303.5254 +44 1442 879222
smiller@innoveda.com peterv@neesham.co.uk
or
Asia Pacific:
Mieko Takiyama
011-81-3-5485-8101
mtakiyama@innoveda.com
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