Axis Appoints VP of Worldwide Sales, Opens New Offices, Seeks International Distributors; John Stressing Joins as VP of Worldwide Sales

Business Wire, Jan 31, 2000

Business Editors/High-Tech Writers

SUNNYVALE, Calif.--(BUSINESS WIRE)--Jan. 31, 2000

Axis Systems, Inc. (Axis), a supplier of the fastest electronic design automation (EDA) simulation acceleration solutions announced today that it has appointed John Stressing as its first VP of worldwide sales, opened sales and support offices in Boston, MA and Austin, TX and is seeking distribution partners in the Pacific Rim and in Israel. Later this year, Axis Systems will open a direct sales office in Europe.

Axis customers use its Xcite verification system to simulate, verify and debug systems-on-chip (SoC) design functionality. The new offices and staff provide sales and support for Axis rapidly growing customer base.

&uot;As part of plans to expand our growth and support our customers, we have selected John Stressing, a top-notch and experienced sales executive, opened additional offices in the United States and are seeking to add distribution partners throughout the world,&uot; noted Mike Tsai, President and CEO of Axis.

&uot;I am excited to be part of the Axis team. Having been in the EDA industry for over 15 years, the Xcite product line presents one of the most dramatic technology breakthroughs in design verification I have seen. Axis is on-track to become the market leader in design verification,&uot; said John Stressing, VP Worldwide Sales of Axis.

Axis in the World

Axis has it headquarters and a sales office in Sunnyvale, CA and local sales offices in Austin, TX and Boston, MA. Marubeni distributes Axis fast simulation solution, Xcite, in Japan.

Axis VP of Worldwide Sales

Stressing was most recently VP of Worldwide Sales at Applied Microsystems Corporation. Previously, he was VP of Worldwide Sales and served as European Director and VP of International Sales at Ikos Systems. Stressing has also run a consulting firm and held sales and management positions at Zycad, Teradyne and British Aerospace.

About Xcite's fast simulation acceleration

Xcite represents of a new class of design verification tools that take advantage of ReConfigurable Computing (RCC) co-processors coupled with functional verification and debugging software to improve design simulation, verification and debugging throughput of 100 to 1000 times over software only simulation approach. Xcite addresses behavioral, RT and gate-level simulation and verification of million-gate plus designs.

Xcite is used for simulations of up to 10 million gates and fits directly inside or along side a Sun(TM) Microsystems Ultra 60 or Ultra 80 workstation and connects to its PCI backplane.

About Axis

Axis Systems, Inc. is a technology leader in the simulation acceleration market. Founded in 1996, the company offers breakthrough technologies and high-speed simulation acceleration for verification of electronic systems and systems-on-a-chip designs.

Axis is headquartered at 209 Java Drive, Sunnyvale, CA 94089, 408-588-2000, FAX: 408-588-1662, www.axiscorp.com.

Acronyms

EDA: Electronic Design Automation

HDL: Hardware Description language

RCC: ReConfigurable Computing

RTL: Register-transfer level or RL-level

SoC: Systems-on-Chip

Contact information

Axis Systems, Inc., 209 Java Drive, Sunnyvale, CA 94089, 408-588-2000 x111, FAX: 408-588-1662, xcite@axiscorp.com or visit www.axiscorp.com, Attn.: Steve Wang

Axis Systems, Inc., 249 Ayer Road, Suite 101 Harvard, MA 01451, 978-772-6122, FAX: 978-772-6130, mark@axiscorp.com, Attn: Mark Petrozzion

Axis Systems, Inc., 8500 North Mopac, Suite 809 Austin, TX 78759, 512-231-1280, FAX: 512-231-9428, daryl@axiscorp.com, Attn: Daryl Kokoszka

Marubeni Solutions Corp. 1-26-20, Higashi, Shibuya-ku, Tokyo, Japan. 011-81-3-5778-8540, Fax: 011-81-3-5778-8579, sakamaki@ksv.msol.co.jp, Attn: Ken Sakamaki

Note to Editors: Xcite is a trademark of Axis Systems, Inc. All other trademarks are the property of their owners.