Aristo Technology Celebrates Year of Growth and Achievement; Announces Special Program to Reward Early Adopting Customers.Business Editors CUPERTINO, Calif.--(BUSINESS WIRE)--Oct. 27, 2000 Aristo Technology, Inc. is celebrating the completion of the company's first year of product sales and is honoring its customers and employees with a special recognition program. "We are especially grateful to our early customers who shared our vision and worked with Aristo while IC Wizard(TM) was still proving itself in the market, and to our employees who have been working diligently dil·i·gent adj. Marked by persevering, painstaking effort. See Synonyms at busy. [Middle English, from Old French, from Latin d to make large designs, fast a reality," said Simon Bloch, Aristo President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "What we have accomplished, we've accomplished by working together." Customer Appreciation Program In appreciation, Aristo is offering all of its existing customers a two-day on-site advanced training course without charge. This training course is designed to help Aristo's customers make the most effective use of IC Wizard, and covers advanced techniques developed by Aristo's application engineers and software developers. IC Wizard users can schedule a class for their site by contacting their Aristo sales representative. First Year Sales Highlights Several leading developers of communications equipment and personal electronics devices made initial purchases of IC Wizard during the first year of product sales. In all, Aristo's customers signed contracts for IC Wizard totaling over five million dollars during the period - Aristo shipped the first copy of IC Wizard in August 1999 and has achieved many significant sales milestones during the past 12 months.
-- Signed a multi-year multi-million dollar licensing agreement with
an undisclosed ASIC company (details to be announced later this
year).
-- Licensed over 30 seats to various companies developing broadband
communications chips, SOC devices for set-top boxes, and wireless
communications chips.
-- Licensed IC Wizard to nearly all of the leading graphics chip
companies.
In recognition of IC Wizard's early success, Aristo is planning a special event for all of its employees. More information about special employee-only events can be found at www.aristotech.com. About Block-Based Design Block-based design, the methodology enabled by the IC Wizard family of products, brings several advantages over gate-level design. These include scalability to support very large designs comprising tens of millions of gates; fast, predictable design closure; better support for hard and soft IP reuse; and better support for concurrent, distributed team-based design. About Aristo Aristo Technology, Inc. develops and markets automated block-based design planning and assembly tools for the rapid design of large integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. . The company's IC Wizard products are designed for and used by leading edge consumer, computer and communications companies Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. . Aristo is a partner in the Cadence cadence, in music, the ending of a phrase or composition. In singing the voice may be raised or lowered, or the singer may execute elaborate variations within the key. Design Systems' (NYSE NYSE See: New York Stock Exchange :CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. ) Alanza Connections and Synopsys' (Nasdaq:SNPS SNPS Space Nuclear Power System ) in-Sync programs. Aristo is privately held, funded by US Venture Partners, Information Technology Ventures, Lucent Venture Partners (NYSE:LU) and Intel Corporation (company) Intel Corporation - A US microelectronics manufacturer. They produced the Intel 4004, Intel 8080, Intel 8086, Intel 80186, Intel 80286, Intel 80386, Intel 486 and Pentium microprocessor families as well as many other integrated circuits and personal computer networking (Nasdaq:INTC INTC Intel (NASDAQ symbol) INTC Intercept INTC Interrupt Controller ). For more information about Aristo visit our Web site http://www.aristotech.com. Note to Editors: IC Wizard is a trademark of Aristo Technology, Inc. All other trademarks and registered trademarks are the property of their respective owners. |
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