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Verplex Verifies Award-Winning Philips Chip

Congrates Philips on Winning EDAC Design Achievement Award

MILPITAS, Calif., June 10, 2002 –– Verplex™ Systems Inc., the electronic design automation (EDA) formal verification market and technology leader, congratulates its customer Philips Electronics on its winning the Design Achievement Award, sponsored by the EDA Consortium (EDAC). The award was presented today to Philips for its Nexperia pnx8500/8525 system on chip (SOC) at the 39th Design Automation Conference in New Orleans. The annual award recognizes outstanding integrated circuit (IC) and electronic system design development.

Philips relied on Verplex's Conformal™ Logic Equivalence Checker (LEC) to provide independent assurance that its design tools and flows had correctly implemented the Nexperia chip. It continues to use it on new designs to verify its logical consistency from the early register transfer level (RTL) to final netlist.

"A hearty congratulations to the Philips team from everyone at Verplex," says C. Michael Chang, president and chief executive officer of Verplex. "Conformal is well recognized for its unique ability to handle such complex chips as the Nexperia and we are proud to have played this role in their success. We're delighted that EDAC is recognizing its achievement."

About Verplex
Verplex Systems Inc. is an electronic design automation (EDA) company focused on delivering the highest-speed, highest-capacity and easiest-to-use formal verification products for complex system-on-chip (SOC) design. Founded in 1997, it is privately held and funded by leading venture capital firms. Corporate headquarters is located at 300 Montague Expressway, Suite 100, Milpitas, Calif. 95035. Telephone: (408) 586-0300. Facsimile: (408) 586-0230. Email: info@verplex.com. Online information is found at its web site: http://www.verplex.com.
For more information, contact:
	Nanette Collins			
	Public Relations for Verplex 		
	(617) 437-1822	`			
	nanette@nvc.com			

	Dino Caporossi
	Vice President of Corporate Marketing
	(301) 724-0047
	dino@verplex.com
Verplex, Conformal and Transformal are trademarks of Verplex Systems Inc. All other companies and products referenced herein are trademarks or registered trademarks of their respective holders.

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