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Altium Establishes Direct Presence In China

Local representative office and expanded reseller network highlights Altium's recognition of China's growing importance as a global center for electronics design

SYDNEY, Australia—(BUSINESS WIRE)—Dec. 17, 2003— Altium Limited (ASX:ALU) -- a leading developer of Windows-based electronics design software, is pleased to announce the establishment of a representative office and a strengthened reseller network in China. With the new office, the company will take on a more active role in the Chinese electronics design market and work more closely with its newly appointed reseller network.

"We see China as a very important market because their electronics design market is rapidly growing -- in both sophistication and size -- it is fast becoming an important global center for electronics design," says Kayvan Oboudiyat, CEO of Altium Limited. "However to keep up with demand and remain internationally competitive, engineers in China need access to powerful and professional design tools at affordable prices that enable them to take advantage of the latest design technologies. In order to serve this need, we decided to actively restructure our reseller network in China and establish relationships that provide increased support for both our resellers and customers based in China."

The strengthened network of Chinese resellers comprises of: an expanded role for MCU Beijing Open Lab. (BOL) System Inc. as the official reseller for the Northern provinces; the appointment of Shanghai Sunwei Co. Ltd. as the official reseller for the Eastern provinces; and the appointment of Shenzhen Chinasky Technology Co. Ltd. as the official reseller for the Southern provinces.

Altium's representative office in China will be established in January 2004, and based in Shanghai. Altium expects that its local office and expanded reseller network will provide Altium current and future customers with a higher level of support, and a platform from which the company can further develop its business in the China region.

For more information

For contact details and more information, please go to Altium's Chinese-language website, www.altium.cn. English-language information is also available at www.altium.com.

About Altium Limited

Altium Limited (ASX:ALU), trading as Protel International Limited (ASX:PRI) prior to August 6, 2001, is a leading global developer and supplier of electronics design software for the Microsoft Windows environment. Since the company's foundation in 1985 and its release of the world's first Microsoft Windows-based printed circuit board design tool in 1991, Altium has continued to apply the most advanced software development methods to provide powerful, easy-to-use and affordable design tools to electronics engineers, designers, and developers worldwide.

Altium's products cover a range of hardware and software electronics design processes, and the current brands include Protel, Nexar, nVisage, P-CAD, TASKING, CircuitMaker and CAMtastic.

Altium is headquartered in Sydney, Australia, and operates a number of sales and support offices in Australia, the United States, Japan and Europe, as well as maintaining a large reseller network in all other major markets. More information about the company and its products and services may be obtained from our website at www.altium.com.

Note to Editors: Altium, Nexar, LiveDesign, NanoBoard, Protel, DXP, Design Explorer, nVisage, P-CAD, TASKING, Accolade, CircuitMaker, CAMtastic, Situs and Topological Autorouting and their respective logos are trademarks or registered trademarks of Altium Limited or its subsidiaries. All other registered or unregistered trademarks referenced herein are the property of their respective owners, and no trademark rights to the same are claimed.



Contact:
Altium Limited  
Jessica Maxwell, +61 2 9975 7710 (Corporate Media)   
jessica.maxwell@altium.com.au               
www.altium.com
  or
Edelman 
Sarah Seifert, 650-968-4033 (USA Media)
sarah.seifert@edelman.com
www.edelman.com

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