Synplicity and Monterey Design Systems Ink OEM Agreement
SUNNYVALE, Calif.--(BUSINESS WIRE)--Sept. 19, 2002--Synplicity,
Inc. (Nasdaq:SYNP), a leading supplier of software for the design and
verification of semiconductors, and Monterey Design Systems, a leading
provider of physical design solutions, today announced they have
signed an agreement granting Monterey Design OEM access to
Synplicity's Synplify ASIC® synthesis software. Monterey Design
intends to leverage the Synplify ASIC solution in its future products
and expects the software, with its high-capacity MultiPoint(TM)
synthesis technology, will deliver outstanding quality of results for
large designs.
"Our relationship with Synplicity is a highly valued partnership
to provide best-in-class solutions that solve critical deep-submicron
SoC design issues," said Jacques Benkoski, president and CEO of
Monterey Design Systems. "The MultiPoint synthesis technology within
the Synplify ASIC software offers a superior combination of
functionality, high capacity, performance and high quality of results.
Our expanded agreement with Synplicity provides us with critical
technology for pursuing our aggressive product roadmap."
In June 2001, Synplicity and Monterey Design established a close
relationship to begin joint technology development. This OEM agreement
builds on that relationship to enable Monterey Design to deliver new
SoC design technologies.
"With innovative technology and partnerships with EDA and
intellectual property vendors, Monterey has established a strong
channel to the customer-owned-tooling market," said Bernie Aronson,
president and CEO of Synplicity. "Quality of results, cost and ease of
use are important characteristics for design tools in this market, and
we believe our Synplify ASIC software is a natural match for
Monterey's physical design solutions. In extending our strategic
relationship with Monterey, we believe we are now poised to serve a
significantly higher portion of the ASIC design market in the next
decade."
About Monterey Design Systems
Monterey Design Systems provides electronic design automation
software that enables integrated circuit designers to take their
circuits from completed logic design to manufacturing ready output.
Built to handle the most demanding semiconductor process requirements,
the company's products -- IC Wizard(TM) hierarchical design planner,
Sonar(TM) physical prototyper, and Dolphin® physical implementation
system -- combine to provide the most streamlined physical design flow
on the market. Monterey Design Systems is privately held and partners
with other leading EDA companies, such as Cadence (NYSE:CDN - news)
and Synopsys (Nasdaq:SNPS - news), to ensure interoperability in all
existing design flows. Key customers include LSI Logic,
STMicroelectronics, Fujitsu Ltd., Flextronics Semiconductor, and NEC
Electronics. Monterey Design Systems is located at 894 Ross Drive,
Sunnyvale, CA 94089-1443, tel: 1.408.747.7370, fax: 1.408.747.7377,
http://www.montereydesign.com.
About Synplicity
Synplicity, Inc. (Nasdaq:SYNP) is a leading provider of software
products that enable the rapid and effective design and verification
of semiconductors used in networking and communications, computer and
peripheral, consumer and military/aerospace electronics systems.
Recognizing the company's industry-leading position, Dataquest named
Synplicity as the #1 provider of PLD synthesis tools in 2000, the
latest year for which information is available, with a 45 percent
market share. Synplicity leverages its innovative logic synthesis,
physical synthesis and verification software solutions to improve
performance and shorten development time for complex programmable
logic devices, application specific integrated circuits (ASICs) and
system-on-chip (SoC) integrated circuits. The company's fast,
easy-to-use products offer high quality of results, support
industry-standard design languages (VHDL and Verilog) and run on
popular platforms. As of June 30, 2002, Synplicity employed 268 people
in its 20 facilities worldwide. Synplicity is headquartered in
Sunnyvale, Calif. For more information on Synplicity, visit
http://www.synplicity.com.
Synplicity and Synplify ASIC are registered trademarks of
Synplicity, Inc. IC Wizard, Sonar and Dolphin are trademarks or
registered trademarks of Monterey Design Systems. All other brands or
products are the trademarks or registered trademarks of their owners.
Contact:
Porter Novelli (for Synplicity)
Steve Gabriel, 408/369-1500 ext. 27
steve.gabriel@porternovelli.com
or
Monterey Design Systems
Cedric Iwashina, 408/548-4910
cedric@mondes.com
Source:
Synplicity Inc.
