Verisity Significantly Expands University Program; Program Attracting Leading Universities; 14 Members Listed Among the Top 50 Engineering Universities in the United States

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Sept. 11, 2003--Verisity Ltd. (Nasdaq:VRST), the leading supplier of verification process automation solutions, today announced the significant expansion of its University Program with 22 new university members, bringing the total number of participating academic institutions to 45. In addition, Verisity also announced that 14 of their member universities are listed among the top 50 Engineering Universities in the United States, as reported by U.S.News. The twenty new member universities are: Alfred University, Arizona State University, University of Bristol, Darmstadt University, Kyoto University, Loughborough University, Massachusetts University, Nebraska-Lincoln University, Northwestern Polytechnic University, Ohio State University, Osaka University, Purdue University, Santa Clara University, Swiss Federal Institute of Technology (EPFL), Texas A&M University, University of Texas at Austin, The University of Arizona, University of California at Irvine, University of California at Berkeley, University of California at Davis, Washington State University, and Washington University.

"We consider it extremely important for our graduates to have familiarity with leading commercial tools such as Specman Elite," said Prof. Mulvaney of Loughborough University in the United Kingdom. "Experience with industry-standard tools enhances their employability and ensures our program remains attractive to new students. We value highly the partnership between Verisity and Loughborough that has been established by the University Program."

"Leading engineering universities realize the critical role that functional verification plays and are choosing to partner with Verisity to bring Verisity's proven verification process automation solutions to their students," said Yaron Kashai, vice president of research and strategic technologies, Verisity Design. "I'm pleased to see such a strong pull for our solutions from the academic community and that many engineering students are now entering the workforce with knowledge of Verisity's verification methodology, Specman Elite and the emerging IEEE standard e verification language."

Many member universities are using Verisity tools to introduce functional verification concepts to their undergraduate students, while others are developing courses based on the emerging IEEE standard e verification language for senior-level and graduate students. Other program members are using Verisity tools for research projects in cooperation with commercial companies. Those projects range from e-based tool research and development, student research projects in verifying complex designs, cooperative research with commercial companies, course laboratories, and tool and methodology instruction.

Any educational institution with research programs focusing on innovative verification techniques, formal methods, language semantics and high-level specifications, or research projects involving complex verification tasks may join the program. Member universities receive support for ongoing research projects as well as access to Verisity's process automation solutions, including Specman Elite(R) verification process automation solution and SureCov(TM) code coverage. For more information regarding Verisity's University Program and a complete listing of participating universities, please go to: http://www.verisity.com/programs/university/index.html.

About Verisity

Verisity, Ltd. (Nasdaq:VRST), is the leading supplier of process automation solutions for the functional verification market. The company addresses customers' critical business issues with its market-leading software and intellectual property (IP) that effectively and efficiently verify the design of electronic systems and complex integrated circuits for the communications, computing, and consumer electronics global markets. Verisity's Specman Elite(R) verification process automation solution automates manual processes and detects critical flaws in hardware designs enabling delivery of the highest quality products and accelerating time to market. The company's strong market presence is driven by its proven technology, methodology, and solid strategic partnerships and programs. Verisity's customer list includes leading companies in all strategic technology sectors. Verisity is a global organization with offices throughout Asia, Europe, and North America. Verisity's principal executive offices are located in Mountain View, California, with its principal research and development offices located in Rosh Ha'ain, Israel. For more information, visit www.verisity.com.

Verisity, the Verisity logo, Specman Elite and SureCov are either registered trademarks or trademarks of Verisity Design, Inc. in the United States and/or other jurisdictions. All other trademarks are the property of their respective holders.

CONTACT: Verisity Design, Inc.
             Jennifer Bilsey, 650-934-6823
             jen@verisity.com