Circuit Semantics Moves to New Corporate Headquarters.

Business Editors/Technology Writes

SAN JOSE, Calif.--(BUSINESS WIRE)--April 24, 2000

Circuit Semantics Inc., a leading provider of timing and model generation tools for high performance integrated circuit design, today announced the opening of its new corporate headquarters on North First Street in San Jose, California. The move to expanded facilities will more than double the size of the company's office space to accommodate growing engineering, sales, and marketing organizations.

"The marketplace is clearly validating Circuit Semantics' technology," said Gary Larsen, CEO of Circuit Semantics. "We have nearly tripled the number of employees in the last six months accelerating the development of new solutions and support for our growing customer base. This move allows us to continue our rapid growth towards becoming a major force in one of the fastest growing segments in the electronic design automation (EDA) industry and in the developing area of intellectual property reuse."

About Circuit Semantics

Circuit Semantics, Inc. provides timing and characterization solutions for high performance cells, cores, and blocks based on innovative technology for which patents are currently pending. IC designers employ these mixed-level solutions to create high-performance chips using full-custom and structured-custom methodologies. The company's product support precise, gate-level abstraction of transistor-level circuits to accelerate timing closure for designs fabricated in deep submicron (DSM) process technologies. These solutions are especially well suited for the microprocessor, digital signal processing, graphics and the high-speed communications markets. Circuit Semantics is a member of the Synopsys (Nasdaq:SNPS) TAP-in program and the Cadence (NYSE:CDN) Connections program. Circuit Semantics is headquartered at 2590 North First Street, Suite 301, San Jose, California 95131, telephone [phone]; fax [phone]. For more information, visit www.circuitsemantics.com.