Nascentric Names Distributor in India

SAN JOSE, Calif.—(BUSINESS WIRE)—November 16, 2007— Nascentric, Inc., an Electronic Design Automation (EDA) company focused on providing the fastest, highest capacity, and most accurate SPICE simulation and analysis tools, announced the appointment of ICON Design Automation Pvt. Ltd. as its distributor in India.

"ICON has established a record of excellence while serving the sophisticated needs of semiconductor design and verification customers in India," said Rahm Shastry, President and CEO of Nascentric. "Through our partnership with Icon we look forward to serving the needs of the Indian market."

ICON Design Automation Pvt Ltd. has established itself as a Premier EDA Solutions provider to multinational and Indian design companies through its association with leading-edge EDA tool suppliers.

"Nascentric's Fast-SPICE tool is quickly gaining a reputation in the EDA industry as the tool to beat," remarked Mrs R Varalakshmi, CEO of ICON. "We are delighted to be bringing this leading-edge product to the Indian market which we believe will become essential for next-generation nanometer design."

About Nascentric

Nascentric is a privately held company that develops and markets a patented, next-generation Fast-SPICE simulator for analysis and functional verification of complex nanometer designs. Nascentric products allow designers to quickly simulate, analyze and verify larger and more complex circuits, improve design quality, and facilitate higher yields. The Nascentric management team brings decades of combined electrical engineering and electronic design automation experience to bear on the challenge of delivering full-chip simulation and analysis focused on eliminating silicon re-spins due to nanometer effects.

Nascentric and its logo are registered trademarks of Nascentric, Inc. All other company or product names are the registered trademarks or trademarks of their respective owners. For more information call 1-512-225-8800, or visit us at www.nascentric.com.

About ICON Design Automation Pvt. Ltd.

ICON Design Automation handles leading chip design tool companies for the India market through its offices at Bangalore, Hyderabad and New Delhi, headquartered at No. 510, 7th Cross, 10th Main, HAL 3rd Stage, Bangalore - 560075. Visit Icon at www.icon-dapl.com or write to sales@icon-dapl.com for more details.

Contact:

Nascentric, Inc.
Dino Caporossi, +1-512-225-8800
Email Contact
or
ICON Design Automation Pvt. Ltd.
Basavaraju P Noolvi, +91 80 25272030 / 25273997
Email Contact

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