2/7/2003 - Magma® Design Automation Inc. (Nasdaq: LAVA), a provider of chip design solutions, announced the appointment of a new distributor in Singapore. FTD Solutions Pte Ltd., established in 1994, is recognized as a leading electronic design automation (EDA) solutions provider and will provide sales and technical support for all Magma products.
FTD Solutions Pte Ltd. was established to distribute IC design tools and has previously represented EDA companies such as Avant! Corporation. It is now one of the largest distributors of software development tools in the Asia-Pacific region and has evolved into a total electronics design solution provider, offering customized training, design services and consultancy.
"FTD has a strong team of sales, marketing and technical professionals, which has enabled us to provide excellent services and support to our customers," said FTD CEO Tay Kah Choon. "We are quite pleased to be associated with Magma and a design solution that is so well positioned for our customers' challenging design needs, particularly its fully integrated RTL-to-GDSII design flow."
"FTD enjoys a reputation in Singapore for strong technical support," said Lung Chu, Magma's vice president, Asia-Pacific sales. "FTD has many years of experience in the EDA business and knows Singapore's semiconductor industry quite well. FTD is an excellent partner for Magma to deliver our advanced EDA solutions to address RTL-to-GDSII IC design needs and greatly improve productivity for our customers in Singapore."
For more information on FTD, visit www.ftdsolutions.com.
About Magma Design Automation
Magma software is used to design fast, multimillion-gate integrated circuits, providing "The Fastest Path from RTL to Silicon"TM to enable chip designers to reduce the time required to produce complex ICs. Magma's products for prototyping, synthesis, and place & route provide a single executable for RTL-to-GDSII chip design. The company's Blast FusionTM, Blast Fusion APXTM, Blast PlanTM, Blast Noise® and Blast RTLTM products utilize Magma's patented FixedTiming® methodology and single data model architecture to reduce the timing-closure iterations often required between the logic and physical processes in conventional IC design flows.
Magma maintains headquarters in Cupertino, Calif., as well as facilities in Los Angeles, Orange County and San Diego, Calif.; Boston, Mass.; Durham, N.C.; Laurys Station, Pa.; Austin and Dallas, Texas; Newcastle, Wash.; and in Canada, China, France, Germany, India, Israel, Japan, Korea, the Netherlands, Taiwan and the United Kingdom. The company's stock trades on Nasdaq under the ticker symbol LAVA. Visit Magma Design Automation on the Web at www.magma-da.com.
Magma, Blast Noise and FixedTiming are registered trademarks, and Blast Fusion, Blast Fusion APX, Blast Plan and "The Fastest Path from RTL to Silicon" are trademarks of Magma Design Automation.
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