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Apache Design Solutions Continues Growth with Record Q1 Sales

Business Wire, April 21, 2008

SAN JOSE, Calif. -- Apache Design Solutions, the technology leader in power, noise, and reliability (PNR) signoff for chip and package designs, today announced that the company has achieved its 21st consecutive quarter of record bookings and revenue, while maintaining profitability. Sales growth in Q1 consisted of RedHawk license expansion and adoption of the new Sentinel chip-package co-design platform by existing customers. Additionally, seven new semiconductor companies selected Apache's solutions.

"Apache has maintained continuous growth every quarter for the past five years," stated Craig Shirley, vice president of worldwide sales at Apache. "This achievement validates our products, customer support, and business model."

"Apache's product portfolio has expanded from on-chip power integrity to multiple platforms addressing power, noise, and reliability challenges for IC, analog, and chip-package-system co-design," stated Andrew Yang, CEO of Apache. "Apache will continue to execute based on customer-driven technology roadmap with solid product delivery for risk mitigation and system cost optimization."

About Apache Design Solutions

Apache delivers the leading power signoff solution adopted by 80% of the top IDM, fabless semiconductor, and foundries and a complete platform for silicon integrity of low-power, high-performance system-on-a-chip (SoC) designs. Apache's innovative platform considers multiple noise sources that impact the design--such as power, signal, package / system IO, substrate, and temperature--and enables designers to detect, fix, and prevent design weaknesses that can result in reduced yield or failed silicon and/or system. Apache's vendor-neutral solution supports any industry-standard physical design flow and is certified by TSMC and Common Platform Reference Flows. Apache is a global company with R&D centers and direct sales / support offices worldwide. For more information, visit www.apache-da.com.

Apache Design Solutions, NSPICE, RedHawk, PakSI-E, PsiWinder, Sahara, Sentinel, and Vectorless Dynamic are trademarks of Apache Design Solutions, Inc.

COPYRIGHT 2008 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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