AccelChip Partners with Pinpoint Solutions to Provide Structured ASIC Design and Methodology Services.

Business Editors & Technology Writers

MILPITAS, Calif.--(BUSINESS WIRE)--April 28, 2004

To bolster their move into the new structured ASIC market, AccelChip Inc., the industry's only provider of automated flows from MATLAB(R) algorithms to silicon, is partnering with Pinpoint Solutions, Inc. to provide third-party design and methodology services to their mutual customers. A fully-independent design services company, Pinpoint assists clients in all aspects of ASIC and FPGA design, from high-level design to integration, verification, synthesis, physical design, and more.

AccelChip offers next-generation synthesis solutions that enable a true top-down flow for digital signal processing (DSP) design. The new AccelChip(R) DSP Synthesis tool accelerates the ASIC, structured ASIC, and FPGA development process by providing automatic IC implementation and verification flow for DSP algorithms.

"We are seeing an ever increasing amount of DSP design moving from standard DSP processors because of increased performance demands. By including AccelChip DSP Synthesis tools in our repertoire, we can now offer an automated path from MATLAB to silicon implementation," said Peter Parsons, president and founder, Pinpoint Solutions. "AccelChip solutions increase productivity and provide unheard of flexibility by allowing algorithm developers to explore design implementation possibilities without ever touching their golden MATLAB source."

"Pinpoint Solutions has worked on more than 200 ASIC designs and been responsible for more than 10 million chips, representing $100 million in silicon revenue. Its commitment to high-end digital design efficiency makes it an ideal partner to help our mutual customers navigate the ASIC design waters," said Tom Feist, vice president of Sales & Marketing, AccelChip. "Our partnership will allow us to continue to expand services and capabilities as both businesses grow."

About the Companies

Pinpoint Solutions, Inc. (PSI) is the premier design services provider in the Rocky Mountain region. PSI provides ASIC and FPGA design, verification and methodology expertise to ever-increasing complex FPGA and ASIC designs. Using seasoned ASIC methodologies for FPGA design and verification is becoming increasingly critical for fast and successful deployment of FPGA-based SOC product solutions. All the technical benefits PSI offers to services clients have been applied to the creation of PS-IP core products. PSI focuses on standards-based IP to solve critical problems facing the emerging telecom and datacom markets. More information on PSI can be found at www.asic-design.com.

AccelChip Inc. develops and markets a MATLAB-based architectural synthesis environment, intellectual property, and consulting services that enable a true, top-down DSP design. AccelChip's unique DSP Design Automation (DDA) solutions link the domain-specific DSP design environment with industry-standard FPGA, ASIC, and structured ASIC design flows and are proven to dramatically accelerate the DSP design cycle and increase the quality of results. Founded in 2000, AccelChip is located in Milpitas, California, and has design centers in Portland, Oregon, and Carlsbad, California. AccelChip's Web address is www.accelchip.com.

AccelChip and AccelWare are registered trademarks of AccelChip Inc. All other trade names referenced are the service marks, trademarks, or registered trademarks of their respective companies.