Sequence Design Opens Austin Office, Led by Industry Vet Jerry Phillippe; Design Software Sales & Support Office Staffs Up For Local Customers In Semiconductor Industry

AUSTIN, Texas--(BUSINESS WIRE)--Feb. 3, 2003--Sequence Design, a leading provider of electronic design automation (EDA) software to the semiconductor industry, announced the opening of its newest "Center of Excellence" here today, headed by 24-year industry veteran Jerry Phillippe, who was named central U.S. sales director.

Phillippe will oversee a staff of account managers and application engineers providing technical chip-design products and support to the leading ASIC and wireless semiconductor firms in Austin, Dallas, and the broader central region.

Before joining Sequence, Phillippe was a sales executive with Aptix Corporation, a pioneer in pre-silicon prototyping tools. His career in EDA also includes senior sales and management positions with several of the industry's best-known players such as Cadence, Avant!, Quickturn, and Compass. As a senior sales executive, he has overseen numerous major accounts, including Texas Instruments, Motorola, and IBM.

"Sequence is the clear leader in tackling today's biggest nanometer IC design challenges in the area of power management and signal integrity," Phillippe said. "I'm excited to be working with this company, and look forward to further expanding the company's customer base in this region."

"We view the Austin/Dallas area, and the entire central region as one of the key worldwide communications hubs that address high-tech business needs, said Vic Kulkarni, Sequence president and CEO. "This new office becomes our fourth 'Center of Excellence,' joining Santa Clara, Calif.; Acton, Mass.; and Tokyo, Japan in providing the high-value personal service to customers that they have come to expect from Sequence. The Austin location dramatically increases our support of local customers."

The Sequence Design, Inc. Central Area Center of Excellence office will be located at Barton Oaks Plaza One, Suite 155, 901 South MoPac Expressway, Austin, Texas 78746, 512/732-2226.

About Sequence

Sequence Design, Inc., the SoC Design Closure Company(SM), enables system-on-chip designers to bring higher-performance and lower-power integrated circuits quickly to fabrication. Sequence's power and signal integrity software give its more than 100 customers the competitive advantage they need to excel in aggressive technology markets, despite demanding complexity and time-to-market issues of nanometer design.

Sequence has worldwide development and field service operations. The company was recently named by Reed Electronics as one of the top 50 companies to watch in the electronics industry. Sequence is privately held. Sequence is a member of Cadence Design Systems' Connections(TM) and Mentor Graphics' Open Door(TM) partnership programs. Additional information is available at sequencedesign.com.

All trademarks mentioned herein are the property of their respective owners.

mr/sf

    CONTACT: Sequence Design Inc.
             Greg Fawcett, 408/961-2365
             gfawcett@sequencedesign.com
                or
             for Sequence
             Jim Lochmiller, 541/552-0616 (Public Relations)
             lochpr@yahoo.com