ChipMD Signs GTI as First Asian Distributor, Presents Design For Yield at EDA&T in Taiwan, September 30 - October 1, 2003.

Business Editors/High-Tech Writers

CUPERTINO, Calif.--(BUSINESS WIRE)--Sept. 29, 2003

ChipMD, Inc., an electronic design automation (EDA) company in the Design For Yield (DFY) space, today announced that it has signed its first distributor in Asia -- Grand Technology, Inc. (GTI) in Taiwan. In addition, ChipMD will demonstrate DesignMD(TM) at the Electronic Design Automation & Test Expo (EDA&T), September 30 through October 1, 2003.

"We realize DFY is an important concern all over the world, and we are very pleased to have GTI as our experienced and EDA-savvy partner in Taiwan," said Dale Pollek, ChipMD CEO and president. "We are especially pleased with their expertise in analog and mixed-signal design, where yield is a critical concern because of its impact on the bottom line."

Mr. Ching-Lung King, president of GTI, added, "We are pleased to add transistor-level DFY software to our portfolio of EDA products, and to introduce DesignMD to our customers so that they can reap the benefits of EDA software that will increase their profits, by reducing risk before silicon fabrication."

To reserve an appointment for a DFY product demonstration, please contact Rosi Wu at Tel.: [phone] or [e-mail]

About ChipMD

ChipMD, Inc. delivers Design For Yield (DFY) software for analyzing and optimizing the yield and performance of analog, mixed-signal designs and memories. DesignMD, ChipMD's first offering, is in production use by circuit designers in communications, computers, automotive and consumer electronics companies. It improves circuit performance by up to 50% and design yield by up to 20%.

ChipMD is located at 20863 Stevens Creek Blvd, suite 400, Cupertino, CA 95014, Tel.: [phone], Email: [e-mail], web: http://www.chipmd.com.

Notes to editors:

Definition: DFY: Design For Yield is the management of the design's sensitivities to silicon process variations and operating environment impacts on performance and yield during the design cycle.

Contact information for GTI:

Grand Technology, Inc. (GTI)

11F-1, No. 440 Chung Hsiao Road

Hsin-Chu, Taiwan, R.O.C.

Tel.: [phone]

Fax: [phone]

Email: [e-mail]

ChipMD, Deterministic Yield Optimization and DesignMD are trademarks of ChipMD, Inc. All other trademarks and tradenames are the property of their owners. All other trademarks mentioned herein are the property of their respective owners.