Synopsys Appoints Roy Vallee, Chairman and CEO of Avnet, to Its Board of Directors

Business Wire, Feb 26, 2003

Business Editors/High-Tech Writers

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Feb. 26, 2003

Synopsys, Inc. (Nasdaq:SNPS), the world leader in integrated circuit (IC) design software, today announced that Roy Vallee, chairman and chief executive officer of Avnet, Inc., has been appointed to Synopsys' board of directors.

Vallee, 50, is a 30-year veteran of the electronics industry, with a distinguished career in sales and management. He has served as chairman of the board and CEO of Phoenix, Arizona-based Avnet, Inc. (NYSE:AVT) since 1998. Avnet, a global Fortune 500 company, is the world's largest distributor of semiconductors, interconnect, passive and electromechanical components, embedded systems and computer products from leading manufacturers. Prior to becoming chairman and CEO, Vallee served as president, chief operating officer, and vice chairman of Avnet, and held various executive management and sales positions within the company. Vallee currently serves on the board of directors of Teradyne, the world's leading automated testing company for the electronics, communications and software industries. He is also a member of the executive committee of the Global Technology Distribution Council.

"As CEO at Avnet, Roy brings a strong background in international sales and marketing, many years of electronics industry leadership, and strong relationships with many of our customers," said Aart de Geus, chairman and CEO of Synopsys, Inc. "In addition, Roy has led Avnet through its ascent to the No. 1 position in its industry, and has experience providing leadership at an industry-leading firm. We are very pleased that Roy has agreed to serve on our Board."

About Synopsys

Synopsys, Inc. (Nasdaq:SNPS) is the world leader in electronic design automation (EDA) software for integrated circuit (IC) design. The company delivers technology-leading IC design and verification platforms to the global electronics market, enabling the development of complex systems-on-chips (SoCs). Synopsys also provides intellectual property and design services to simplify the design process and accelerate time-to-market for its customers. Synopsys is headquartered in Mountain View, California and is located in more than 60 offices throughout North America, Europe, Japan and Asia. Visit Synopsys online at http://www.synopsys.com/.> Synopsys is a registered trademark of Synopsys, Inc. All other trademarks or registered trademarks mentioned in this release are the intellectual property of their respective owners.

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