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Catalytic Inc. Appoints AST Ltd. as New Distributor in Israel.

PALO ALTO, Calif. -- Catalytic Inc., a technology innovator that accelerates signal processing algorithm design, verification and implementation, announced the appointment of Advanced Semiconductor Technology Ltd. (AST) of Ra'anana, Israel as its new distributor and technical representative in Israel. This agreement allows DSP designers in Israel to receive quality sales and technical support for Catalytic's products from an established and respected local company.

"Israel presents an exciting opportunity for us because of the high level of algorithm development taking place at domestic companies and multi-national design centers located there," says Dave Burow, Catalytic's chief executive officer (CEO). "Selecting AST as our partner in Israel was an easy choice, with their knowledge of the market and strong customer relationships."

"Catalytic is developing a reputation for accelerating MATLAB-based algorithm development," remarks Uri Farkash, AST's director of EDA Operations. "We are delighted to work with the Catalytic team and look forward to a mutually beneficial relationship."

About AST

Founded in 1986, Advanced Semiconductor Technology (AST) is a focal point in the Israeli market for state of the art Electronic Design Automation (EDA) tools, ASIC Design and the supply of advanced electronic components. It represents a group of world-class companies in the areas of EDA, ASIC and STD products for high-end OEMs. AST provides ASIC design services and production in a wide range of technologies, including mixed signal, in both the ASIC and COT flows. For more information, please visit: http://www.ast.co.il.

About Catalytic Inc.

Catalytic shortens the development of signal processing applications through a family of software products that accelerate algorithm simulation and automatically synthesize implementations of those algorithms for use in digital electronic systems. Catalytic Inc. was founded in 2001 by Dr. Randy Allen, a world-renowned compiler technology expert. Catalytic Inc. is backed by CMEA Ventures, New Enterprise Associates (NEA), ITU Ventures, and private investors. Corporate headquarters are located at 1076A East Meadow Circle, Palo Alto, Calif. 94303. Telephone: (650) 846-2555. Facsimile: (650) 846-2557. Email: info@catalyticinc.com. More information about Catalytic Inc. can be found at its website located at: http://www.catalyticinc.com.

Catalytic Inc. acknowledges trademarks or registered trademarks of other organizations for their respective products and services.
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Publication:Business Wire
Date:Nov 28, 2006
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