Tality Appoints Two New Board Members

Tality Appoints Two New Board Members

SAN JOSE, Calif.----Sept. 25, 2000--Tality Corporation -- formerly the Electronic Design Services group of Cadence Design Systems, Inc. that will soon be launched as a separate company -- announced today the appointment of two new members to its board of directors. Michael G. Keith and Kenneth Levy were elected to the board on September 15, 2000.

`` We are excited about the addition of Michael and Ken to the board,'' said Bob Wiederhold, president and chief executive officer of Tality. ``Both bring to Tality a wealth of experience and will be critical to our ongoing success as we launch the company.''

Mr. Keith has served as president and chief executive officer, AT&T Fixed Wireless Services of the AT&T Wireless Group since January 2000. He has held numerous sales and marketing positions at AT&T since joining the company in 1978, including vice president and general manager for business customer care in 1996; vice president and general manager, Global Services, in 1997; and president, AT&T Business Services, in 1999.

Mr. Levy co-founded KLA Instruments and served as its president and chief executive officer from 1976 until its merger with Tencor in 1997. He has served as chief executive officer and as a director of the merged company, KLA-Tencor Corporation, and currently serves as its chairman of the board. Mr. Levy also serves on the boards of directors of Ultratech Stepper, Inc. and Speedfam-IPEC.

In addition to Keith and Levy, the current members of Tality's board are: H. Raymond Bingham, president and chief executive officer of Cadence; Ron Barris, senior vice president, Services and Strategy of Cadence; and Bob Wiederhold, president and chief executive officer of Tality.

About Tality

Tality Corporation, formerly the Electronic Design Services group of Cadence Design Systems, Inc. (NYSE:CDN), will soon be launched as a separate company. With more than 1000 engineers located in 14 design sites worldwide, the organization is the world's largest independent provider of engineering services and intellectual property for the design of complex electronic systems and integrated circuits. Tality is headquartered at 555 River Oaks Parkway, Building #3, San Jose, California, 95134.

Note to Editors: Tality is a trademark of Tality Corporation. Cadence and the Cadence logo are registered trademarks of Cadence Design Systems, Inc. All others are the property of their respective holders.

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Contact:

     Tality Corporation, San Jose       Jim Douglas, 408/944-7955       jimd@cadence.com         or       Darryl Lloyd, Inc., Glendale       Darryl Lloyd, 818/551-7360  ext. 11       darryl@dlloyd.com

 
 

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