Europe Technologies Selects Verisity's e Verification Language for IP Verification

MOUNTAIN VIEW, CA -- May 6, 2002-- Europe Technologies (ET) and Verisity, Ltd. (Nasdaq: VRST), the leading provider of functional verification automation tools, today announced that ET has selected Verisity's e verification language and the Specman Elite™ testbench automation tool for intellectual property (IP) reuse.ET is a fablesscompany inFrance that is developing System-On-Chip products for the consumer, automotive and industrial markets. ET selected the e language for protocolverification of IP compliance to standard protocols like USB, Ethernet and the AMBA bus.

“We have chosen Verisity's e verification language for the verification language on which next generation IP will be based," said Pascal Jullien,ICdesignmanager for Europe Technologies. "We chose e after careful evaluation of several offerings, and e was the best fit for ET's requirements. We are pleased to have Verisity and the e language as an important part of our development."

ET will use the e language and Verisity's Specman Elite to verify and debug all new IPs developed by ET in order to improve the design quality of ET products. As ET IPs are used for several applications, andso by several customers, it's crucial for ET to completely validate all functions attached to an IP, especially corner cases. This makes them easily reusable and exchangeable among ET engineers and partners. In addition, as time-to-market isa critical factorinthe ET competitive environment,the development timeof new IP isa key success factor, and a major reason ET has chosen Verisity's Specman Elite.

"IP reuse is a high priority in ET’s strategy. Specman Elite's market-proven methodology uniquely enables verification reuse to give engineers higher quality products in less time," said Michel Telera, area director for Southern Europe for Verisity. "The introduction of Specman Elite in ET's design flow is an important step in their strategy of building reusable IPs."

About Verisity
Verisity is the leading provider of proprietary technologies and software products used to efficiently verify designs of electronic systems and complex integrated circuits that are essential to high growth segments of the electronics industry. Verisity’s products automate the process of detecting flaws in these designs, enabling customers to deliver higher quality products, accelerate time-to-market and reduce overall product development costs.

Verisity Design, Inc.’s principal executive offices are located in Mountain View, CA. Verisity’s principal research and development offices are located in Rosh Ha’ain, Israel. For more information, see Verisity's web site at www.verisity.com.

About ET
Europe Technologies is a fables company with headquarters in Sophia Antipolis, South France Cote d’azur, providing ARM based System-On-Chip (SoC) products.

Europe Technologies key differentiating factors are its easy SoC design methodology and its Fast Configurable Microchip platform, which decreases drastically the cost and time required for the development of electronic systems based on SoC by allowing customers to integrate hardware and software and validate their system just one week after the project has started while ET is still designing the chip. This methodology and FCM platform secure the system development and guarantee first pass success for the SoC development.

For more information see ET’s web site at www.europe-technologies.com

For more information contact:
Jennifer Bilsey
Verisity Design, Inc.
(650) 934-6823
jen@verisity.com