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Summit Design Appoints Dr. Emil Girczyc President and Chief Executive Officer; EDA Veteran Brings Experience to Address Emerging ESL Market

BURLINGTON, Mass.—(BUSINESS WIRE)—Dec. 6, 2004— Summit Design, Inc., the world leader in electronic system-level (ESL) design solutions and methodologies, today announced that Dr. Emil Girczyc has joined the company as president and CEO. Emil assumes the role of President and CEO from Charles Hale, Chairman of the Board at Summit Design and former acting CEO for the company.

"Emil has demonstrated a consistent ability to formulate creative strategies to address emerging EDA markets and to deliver products that solve customer problems," said Charles Hale. "We are delighted to have Emil lead Summit at a time when ESL and SystemC are experiencing general market acceptance. Under his expert guidance, we expect Summit to capitalize upon its two-year history of profitability and expand its growing user base to encompass an even broader range of companies in the embedded systems space."

"Summit has targeted the key opportunity in ESL -- ensuring that complex embedded system designs deliver the desired functionality and performance within the requisite power consumption constraints before proceeding to the time-consuming task of design implementation," said Dr. Girczyc. "Given the tremendous depth of expertise within the Summit team and the excellence of its ESL solutions and methodology, I am very excited about leading Summit at this time of rapid growth in embedded system design complexity."

Dr. Girczyc has over 20 years experience in EDA management. Most recently he served as the President and CEO of 0-In Design Automation, and led the company through the market adoption of assertion-based verification. Before joining 0-In, he was VP of Marketing at Cadabra Design Technology, now part of Synopsys. From 1989 to 1997, he held several management positions at Synopsys, where he led the R&D efforts for HDL Compiler and for several new products, including DesignWare, Behavioral Compiler, Cyclone, and most recently served as the VP and GM of simulation. Prior to Synopsys, Dr. Girczyc held positions as Audesyn, Inc., BNR (now Nortel), and taught computer and electrical engineering at the University of Alberta and Carleton University.

About Summit Design

Summit Design is a supplier of industry-leading software solutions that address engineering challenges met during the specification and implementation design phases of complex hardware/software systems. Emerging and established electronics companies worldwide rely upon Summit's ESL solutions to analyze system trade-offs for rapid arrival at an optimized design specification. In turn, companies choose Summit's HDL solutions to ensure swift and successful specification implementation. Summit Design's advanced ESL and HDL solutions help system and SOC companies to deliver products that meet their performance and power targets in less time and with reduced schedule risk. Summit Design is headquartered in Burlington, Mass. with offices throughout the US, Europe, Japan, Israel, and ROA. To learn more, visit http://www.sd.com.

All trademarks or registered trademarks mentioned in this news release are the intellectual property of their respective owners.



Contact:
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francine@thinkbold.com

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