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HIGH LEVEL DESIGN SYSTEMS LISTS ON THE VSE

 VANCOUVER, British Columbia, Oct. 19 /PRNewswire/ -- High Level Design Systems, classified as a "VENTURE" company, was posted and called for trading on the Vancouver Stock Exchange this morning at the opening. The company will trade its Regulation S shares, a class of shares carrying certain exemptions, under the symbol "HLD.S." Its common shares will trade under the symbol "HLD."
 High Level Design Systems, based in Santa Clara, Calif., is involved in the development and marketing of Electronic Design Automation (EDA) software tools for use in the design of integrated circuits. The company's principal product is Design Planner 2.0, designed to reduce the cost and time expended in the development and manufacturing of integrated circuits.
 The company has completed its initial distribution of shares to the public for total gross proceeds of $1,560,000. The company's capitalization of its common stock is 25 million shares with no par value of which 9,645,000 common shares are currently issued and outstanding. Also issued and outstanding are 1,910,000 Regulation S shares. Haywood Securities Inc. is the company's sponsoring member and R-M Trust Co. is the company's transfer agent.
 The company has issued to its sponsor a total of 300,000 non- transferable share purchase warrants of which 50,000 have already been excercised. Each warrant entitles the agent to purchase one share of the company at a price of $1.30 per share up to the close of business, Jan. 17, 1994.
 For further information please refer to the company's prospectus dated Sept. 17, 1993.
 HIGH LEVEL DESIGN SYSTEMS
 K. Charles Janac
 President
 Suite 202 - 2933 Bunker Hill Lane
 Santa Clara, CA
 U.S.A. 95054
 408-748-3456
 -0- 10/19/93
 /CONTACT: David A. Laundy, 604-689-3334/


CO: High Level Design Systems ST: British Columbia; California IN: CPR SU:

EH-LM -- LA043 -- 4227 10/19/93 17:20 EDT
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Publication:PR Newswire
Date:Oct 19, 1993
Words:310
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