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Innoveda to Host Technical Workshop in Silicon Valley

Seminars and 'Hands-On' Sessions Address Design Issues

MARLBORO, Mass.--(BUSINESS WIRE)--Oct. 29, 2001--Innoveda, Inc. (Nasdaq:INOV - news), a leading provider of innovative software and services for the design of advanced electronic products, today announced it will host a technical workshop at its San Jose, Calif. offices on Tuesday, Nov. 13, 2001. The event will provide a "hands-on" opportunity for businesses dealing with electronic design issues.

The free workshop will include mini-seminars on signal integrity, high-level design and component management. Participants also can gain hands-on experience with Innoveda's Design Exchange(TM) tools for web-enabled collaborative computing, the Agile interface to Design Exchange, Innoveda's HyperLynx signal-integrity solution suite, PowerPCB complete layout solution, and Visual Elite tool for advanced High-Definition Language (HDL) system-level design.

The technical workshop will run from 9:30 a.m. to 3:30 p.m. at Innoveda's San Jose offices, located at 2077 Gateway Place, Suite 400. To register, call toll-free 1-800-388-6388 or register online at http://www.innoveda.com/events.

About Innoveda

Innoveda, Inc. (Nasdaq:INOV - news) 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 that forms 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 availability of financial resources, the ability of Innoveda to successfully integrate its business combinations, recent economic uncertainty, weakness in the business of our customers, Innoveda's ability to develop new products and market acceptance of those products, 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, the intense competition Innoveda faces, 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 10-Q and the other public filings made by Innoveda with the SEC, which factors are incorporated herein by reference.

Note to editors: Innoveda, Design Exchange, PowerPCB, HyperLynx and Visual Elite are trademarks of Innoveda, Inc.


Contact:
     Innoveda, Inc.
     North America
     Sarah Miller
     508.303.5254
     smiller@innoveda.com

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