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Moshe Gavrielov, Chief Executive Officer of Verisity, to Present at the Needham Growth Conference

MOUNTAIN VIEW, Calif.—(BUSINESS WIRE)—Dec. 18, 2003— Verisity, Ltd. (Nasdaq:VRST), the leading supplier of verification process automation solutions, today announced that Moshe Gavrielov, Chief Executive Officer, will be a featured speaker at the Needham Growth Conference in New York on January 6, 2004. The live webcast will be available on the investor relations page of Verisity's Web site at www.verisity.com at 8:30 a.m. Eastern Time on Tuesday, January 6, 2004. The replay of the webcast will be available beginning at 9:30 a.m. on January 6, 2004 and ending at midnight on January 12, 2004.

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 VPA solutions enable projects to move from executable verification plans to module, unit, and chip/system level 'total coverage' and verification closure, while maximizing productivity, product quality and predictability of schedules. 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, and Specman Elite, 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 Ltd.
Bonnie Mott, 650-934-6800
bonnie@verisity.com

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