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IKOS Appoints Holly Stump to Key Marketing Role; Explosive Verification Market Mandates Expansion and Integration at IKOS.

CUPERTINO, Calif.--(BUSINESS WIRE)--Nov. 25, 1996--IKOS Systems, Inc. (NASDAQ: IKOS) today announced the appointment of Holly Stump as director of product marketing.

Veteran of three successful electronic design automation (EDA) companies, Stump will head a marketing team responsible for the expansion and integration of IKOS verification products worldwide.

Responding to the dramatically increasing demand for a wide spectrum of high performance verification technologies, including emulation, acceleration and multi-lingual HDL (hardware design language) support, the company appointed Stump to spearhead the integration and growth of the IKOS product line, including the newly introduced VirtuaLogic emulators and consulting services. Reporting to Larry Melling, vice president of marketing, Stump will oversee IKOS' product marketing, technical marketing, training and documentation activities.

"Holly has a proven track record as a key contributor in fast growth companies, as well as extensive experience in the EDA industry," stated Ramon Nuez, President and CEO of IKOS Systems. "Her strengths in marketing, sales and design technology will contribute greatly to our customers' success as we stand poised on the next frontier of expansion at IKOS."

"IKOS' impressive revenue growth exiting fiscal year 1996 was a strong indicator of its emerging leadership position in the high performance verification market, and I am delighted to be a part of the next stage of growth for the company," Stump commented.

"IKOS recently expanded its product and technology portfolio, and has a time-tested understanding of designers applications and requirements. I am confident that IKOS has the right technology, at the right time, in the right market space, with the right management, to win the high-stakes verification wars."

Stump has over 15 years of EDA management experience, most recently as vice president of marketing at Interconnectix, and previously as vice president of sales and marketing at Precedence, Inc. Stump was a co-founder of Logic Modeling Systems, where she held a variety of management roles including director of marketing, sales manager and managing director of Asian operations.

Prior to Logic Modeling, Stump held marketing and engineering management positions at Valid Logic Systems and Hewlett-Packard respectively. She holds a BSEE from the Illinois Institute of Technology and an MS in Engineering Management from Stanford.

About the Company

IKOS Systems, Inc. is a technology leader in high-performance design verification with hardware and software simulation for language-based design and logic emulation. The Company's mission is to be the leading supplier of design verification solutions for high-complexity projects.

IKOS' products help designers dramatically reduce product development cycles for very complex, high-performance systems containing multiple ASICs and full-custom ICs. IKOS supports direct sales operation in North America, U.K., France, Germany, and Japan, and a distribution network throughout Europe and Asia.


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Publication:Business Wire
Date:Nov 25, 1996
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