Uri Mayer Appointed VP European Field Operations at CoWare; Coincides with CoWare's European Expansion



SAN JOSE, Calif. & MUNICH, Germany--(BUSINESS WIRE)--March 3, 2003--Uri Mayer, formerly president and chief executive officer (CEO) of LISATek, Inc., which was recently acquired by CoWare(TM) Inc., was named today to the newly-created position, vice President, European Field Operations. Mayer reports to Peter Richards, vice president, Worldwide Field Operations at CoWare, the leading supplier of system-level electronic design automation (EDA) software.

In his new position, Mayer will oversee CoWare's expanding European presence where the company will be establishing CoWare GmbH in Munich, Germany. CoWare also has sales/support offices in Grenoble, France, and Bracknell, United Kingdom.

"It gives me great pleasure to appoint Uri to this role," notes Naumann. "Europe is a growing market opportunity for CoWare and Uri has the skills and insight to help us understand the needs of this important region of the world."

Mayer has more than 20 years of experience in both the application specific integrated circuit (ASIC) and EDA industries. Prior to his position at LISATek, he was vice president of worldwide business development at Synopsys, Inc., a company he joined in 1990. Previously, he served as managing director of Synopsys GmbH, the central European subsidiary of Synopsys, Inc. Under his direction, Synopsys GmbH became a multi-million dollar subsidiary with an average annual revenue growth of more than 30 percent.

Mayer holds a master of science degree in Electrical Engineering from the Technical University of Munich.

About CoWare

CoWare is the leading supplier of system-level electronic design automation (EDA) software and services for system-on-chip (SoC) designers. CoWare is revolutionizing SoC and embedded software development by enabling customers to create design platforms that can be rapidly optimized to meet specific market needs. SoC designs consisting of embedded processors and software, busses, memory, new and reused proprietary IP, are created and verified using the CoWare N2C system-level design environment and the LISATek(TM) software tools. CoWare's design environment utilizes open, standard languages such as C and SystemC (C++), and interfaces with popular third-party tools from Cadence, Synopsys and Mentor. CoWare software is employed today by major systems, intellectual property (IP) and semiconductor companies, including ARM, Canon, Fujitsu, Matsushita, Motorola, Samsung, Sony, ST Microelectronics, Toshiba and Xilinx. For the second year, the San Jose Business Journal has recognized CoWare as one of the fastest-growing private companies in Silicon Valley. For more information, visit www.CoWare.com.

CoWare and LISATek are trademarks of CoWare, Inc.

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