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Axis Systems Names Davan Tech as Korean Distributor



SUNNYVALE, Calif.--(BUSINESS WIRE)--Jan. 30, 2003--Axis Systems has reached an agreement with Davan Tech Co., Ltd. of South Korea to distribute Axis technology and services to the growing Korean semiconductor design market.

"To better meet our customers' needs, we searched for the best hardware/ software accelerator and emulator in the market," said Sancho Park, CEO of Davan Tech. "With Axis' RCC (ReConfigurable Computing) technology, we can now provide customers with a complete solution that addresses the crucial issues of design confidence and efficiency for SoC design success."

"We view the Asia-Pacific market as an important area of growth for Axis," said Veronica Watson, vice president of worldwide sales for Axis. "Axis Systems recognizes Davan Tech's reputation in the Korean market for superior customer support as the most effective way to quickly increase our customer base with the level of service that our customers expect. This is a great alliance."

About Davan Tech

Davan Tech Co., Ltd. supplies EDA tools to Korean customers, LCD panel simulator developed by themselves and Design Service worldwide. For last 5 years, Davan Tech was one of the best distributors of Avant! and is a distributor of Synopsys for small company in Korea. Davan Tech provides turnkey design service, layout service, IP modeling service for several foundries. Davan Tech is a leader of ASIC Design Service Consortium which is consisted of 9 special companies, provides total solution, such as big size of SRAM, Flash Memory, MCU, DSP, Analog IPs and development of firmware. To get the details about Davan Tech, send Email to support@davan.co.kr.

About Axis

Axis Systems, Inc. offers high-performance verification systems for the hardware and software development of complex electronic system and system-on-a-chip designs. Axis' products help increase confidence in new designs, improve overall verification productivity and shorten time to market. On a single system and with one design database, Axis' patented ReConfigurable Computing (RCC) technology provides software simulation, accelerated simulation, system emulation and hardware/software co-verification. Customers include the world's leading graphics, networking, multimedia, and processor companies. Axis is headquartered at 209 E. Java Drive, Sunnyvale, CA 94089. To learn more about Axis, visit www.AxisSystems.com.

CONTACT: Axis Systems
             Lori Kate Calise, 408/716-1554
             LK@AxisSystems.com
              or
             VitalCom
             Lou Covey, 650/637-8212 ext. 202
             lou@vitalcompr.com

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