SYNP Synplicity (MM)

Synplicity, Inc. (Nasdaq:SYNP), a leading provider of software for the design and verification of semiconductors, and Achronix Semiconductor Corporation today announced the two companies have signed a multi-year development and OEM agreement aimed at providing critical EDA technology for the Achronix multi-GHz FPGAs. Under the terms of the agreement, Synplicity will optimize its industry-leading Synplify Pro FPGA synthesis tool for the Achronix devices, allowing both companies to tap the ultra high-performance market segment for programmable devices. As a result, designers can leverage the performance and quality of results offered by Synplicity�s Synplify Pro software with Achronix�s multi-GHz programmable devices, creating opportunities for new types of products that require high performance but have been unable to use FPGAs to date. �As we roll out our disruptive FPGA technology, the ability to offer familiar tools using a traditional design methodology becomes imperative,� said Yousef Khalilollahi, vice president of marketing, Achronix Semiconductor Corporation. �Through this agreement, we will be able to provide industry-leading FPGA synthesis support for our multi-GHz FPGAs in a timely fashion.� �The Achronix devices are a unique programmable solution that offers customers true ASIC performance with the flexibility of an FPGA,� said Joe Gianelli, Synplicity�s vice president of business development. �In partnering with Achronix, our industry proven FPGA synthesis technology will extend into the untapped ultra high-performance market segment for programmable devices. This agreement with Achronix demonstrates the market leadership position of the Synplify Pro software, further solidifying it as the FPGA synthesis tool of choice.� With this announcement, Synplicity will optimize its Synplify Pro software for Achronix FPGAs. In 2007, Achronix will bundle the optimized version of Synplicity�s Synplify Pro synthesis software into its Integrated Design Environment. About the Synplify Pro Software Synplicity�s Synplify Pro software is the industry�s leading FPGA synthesis product. The Synplify Pro tool combines superior quality of results with lightning fast runtimes, unmatched ease-of-use, and technology independence. By using a true timing-driven approach to synthesis, the Synplify Pro tool meets design performance requirements while simultaneously minimizing area. The Synplify Pro software completes designs quicker than other tools by providing fast runtimes and automatic optimization selection. This automation simplifies the synthesis process while producing excellent results. The Synplify Pro software offers flexibility by allowing designers to target any FPGA vendor from the same RTL source code and quickly determine what device provides the most cost effective solution. The Synplify Pro tool�s superior quality of results allows use of less expensive, lower speed grade components. Extremely fast runtimes and ease-of-use result in significant time to market benefits. About Achronix Semiconductor Achronix Semiconductor is a privately held fabless corporation based in San Jose, California. Achronix builds the world's fastest field programmable gate arrays (FPGAs) achieving 2 GHz system performance. FPGAs are re-configurable devices, enabling short time-to-market and field upgrades for numerous applications. Applications of FPGAs include communications, networking, high performance computing, digital signal processing, aerospace and defense systems, medical imaging and a growing range of other areas. Information about Achronix can be found on the Internet at http://www.achronix.com. About Synplicity Synplicity� Inc. (Nasdaq:SYNP) is a leading supplier of innovative software solutions that enable the rapid and effective design of Programmable Logic Devices (FPGAs, PLDs and CPLDs) that serve a wide range of communications, military/aerospace, consumer, semiconductor, computer, and other electronic systems markets. Synplicity's tools provide outstanding performance, cost and time-to-market benefits by simplifying, improving and automating key design planning, logic synthesis, physical synthesis and verification functions for FPGA, FPGA-based ASIC verification, and DSP designers. Synplicity is the number one supplier of FPGA synthesis solutions and has been rated #1 in customer satisfaction since 2004 in EE Times' Annual FPGA Customer Survey. Synplicity products support industry-standard design languages (VHDL and Verilog) and run on popular platforms. The company operates in over 20 facilities worldwide and is headquartered in Sunnyvale, California. For more information visit http://www.synplicity.com. Forward-Looking Statements This press release contains forward-looking statements including, but not limited to, statements regarding the performance and achievements of the Synplify Pro used in conjunction with Achronix�s FPGAs, and the development of the ultra high-performance market segment for programmable devices. In some cases, you will be able to identify forward-looking statements by terminology such as �may,� �will,� �should,� �expects,� �believes,� �can� or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause the forward looking statements to differ materially, including the potential errors, design flaws or other problems with the Synplify Pro; the performance and quality of Synplicity�s products relative to other comparable software; the development of the market for ultra high-performance programmable devices; the rapid changes in technical requirements for FPGAs and competitive risks. For additional information and considerations regarding the risks faced by Synplicity, see its annual report on Form 10-K for the year ended December 31, 2005 as filed with the Securities and Exchange Commission, as well as other periodic reports filed with the SEC from time to time, including its quarterly reports on Form 10-Q. Although Synplicity believes that the expectations reflected in the forward-looking statements are reasonable, Synplicity cannot guarantee the future performance or achievements of the proposed methodology. In addition, neither Synplicity nor any other person assumes responsibility for the accuracy or completeness of these forward-looking statements. Synplicity disclaims any obligation to update information contained in any forward-looking statement. Synplicity and Synplify Pro are registered trademarks of Synplicity Inc. All other brands or products are the trademarks or registered trademarks of their respective owners. Synplicity, Inc. (Nasdaq:SYNP), a leading provider of software for the design and verification of semiconductors, and Achronix Semiconductor Corporation today announced the two companies have signed a multi-year development and OEM agreement aimed at providing critical EDA technology for the Achronix multi-GHz FPGAs. Under the terms of the agreement, Synplicity will optimize its industry-leading Synplify Pro FPGA synthesis tool for the Achronix devices, allowing both companies to tap the ultra high-performance market segment for programmable devices. As a result, designers can leverage the performance and quality of results offered by Synplicity's Synplify Pro software with Achronix's multi-GHz programmable devices, creating opportunities for new types of products that require high performance but have been unable to use FPGAs to date. "As we roll out our disruptive FPGA technology, the ability to offer familiar tools using a traditional design methodology becomes imperative," said Yousef Khalilollahi, vice president of marketing, Achronix Semiconductor Corporation. "Through this agreement, we will be able to provide industry-leading FPGA synthesis support for our multi-GHz FPGAs in a timely fashion." "The Achronix devices are a unique programmable solution that offers customers true ASIC performance with the flexibility of an FPGA," said Joe Gianelli, Synplicity's vice president of business development. "In partnering with Achronix, our industry proven FPGA synthesis technology will extend into the untapped ultra high-performance market segment for programmable devices. This agreement with Achronix demonstrates the market leadership position of the Synplify Pro software, further solidifying it as the FPGA synthesis tool of choice." With this announcement, Synplicity will optimize its Synplify Pro software for Achronix FPGAs. In 2007, Achronix will bundle the optimized version of Synplicity's Synplify Pro synthesis software into its Integrated Design Environment. About the Synplify Pro Software Synplicity's Synplify Pro software is the industry's leading FPGA synthesis product. The Synplify Pro tool combines superior quality of results with lightning fast runtimes, unmatched ease-of-use, and technology independence. By using a true timing-driven approach to synthesis, the Synplify Pro tool meets design performance requirements while simultaneously minimizing area. The Synplify Pro software completes designs quicker than other tools by providing fast runtimes and automatic optimization selection. This automation simplifies the synthesis process while producing excellent results. The Synplify Pro software offers flexibility by allowing designers to target any FPGA vendor from the same RTL source code and quickly determine what device provides the most cost effective solution. The Synplify Pro tool's superior quality of results allows use of less expensive, lower speed grade components. Extremely fast runtimes and ease-of-use result in significant time to market benefits. About Achronix Semiconductor Achronix Semiconductor is a privately held fabless corporation based in San Jose, California. Achronix builds the world's fastest field programmable gate arrays (FPGAs) achieving 2 GHz system performance. FPGAs are re-configurable devices, enabling short time-to-market and field upgrades for numerous applications. Applications of FPGAs include communications, networking, high performance computing, digital signal processing, aerospace and defense systems, medical imaging and a growing range of other areas. Information about Achronix can be found on the Internet at http://www.achronix.com. About Synplicity Synplicity(R) Inc. (Nasdaq:SYNP) is a leading supplier of innovative software solutions that enable the rapid and effective design of Programmable Logic Devices (FPGAs, PLDs and CPLDs) that serve a wide range of communications, military/aerospace, consumer, semiconductor, computer, and other electronic systems markets. Synplicity's tools provide outstanding performance, cost and time-to-market benefits by simplifying, improving and automating key design planning, logic synthesis, physical synthesis and verification functions for FPGA, FPGA-based ASIC verification, and DSP designers. Synplicity is the number one supplier of FPGA synthesis solutions and has been rated #1 in customer satisfaction since 2004 in EE Times' Annual FPGA Customer Survey. Synplicity products support industry-standard design languages (VHDL and Verilog) and run on popular platforms. The company operates in over 20 facilities worldwide and is headquartered in Sunnyvale, California. For more information visit http://www.synplicity.com. Forward-Looking Statements This press release contains forward-looking statements including, but not limited to, statements regarding the performance and achievements of the Synplify Pro used in conjunction with Achronix's FPGAs, and the development of the ultra high-performance market segment for programmable devices. In some cases, you will be able to identify forward-looking statements by terminology such as "may," "will," "should," "expects," "believes," "can" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause the forward looking statements to differ materially, including the potential errors, design flaws or other problems with the Synplify Pro; the performance and quality of Synplicity's products relative to other comparable software; the development of the market for ultra high-performance programmable devices; the rapid changes in technical requirements for FPGAs and competitive risks. For additional information and considerations regarding the risks faced by Synplicity, see its annual report on Form 10-K for the year ended December 31, 2005 as filed with the Securities and Exchange Commission, as well as other periodic reports filed with the SEC from time to time, including its quarterly reports on Form 10-Q. Although Synplicity believes that the expectations reflected in the forward-looking statements are reasonable, Synplicity cannot guarantee the future performance or achievements of the proposed methodology. In addition, neither Synplicity nor any other person assumes responsibility for the accuracy or completeness of these forward-looking statements. Synplicity disclaims any obligation to update information contained in any forward-looking statement. Synplicity and Synplify Pro are registered trademarks of Synplicity Inc. All other brands or products are the trademarks or registered trademarks of their respective owners.