Arithmatica Appoints New CEO

MENLO PARK, Calif. - May 30, 2007 - Arithmatica, the silicon math company, today announced the appointment of Dan Ganousis as CEO. Mr. Ganousis's most recent EDA position was CEO of AccelChip, an EDA startup that produced the first synthesis tool of the MATLAB language for automatically mapping DSP algorithms into FPGAs. AccelChip was acquired by Xilinx in January of 2005. Mr. Ganousis previously held EDA executive management positions at Innoveda (Viewlogic), VeriBest, and Mentor Graphics. Mr. Ganousis also joins the board of directors at Arithmatica.

Mr. Ganousis takes the helm at Arithmatica from Dr. Tony Curzon Price who has led the company since 2004. "Arithmatica has made great strides over the last few years as it transitioned to an EDA company from an intellectual property provider," said Dr. Curzon Price. "Arithmatica's datapath synthesis tools are being used at 25 major electronics companies such as Toshiba, Qualcomm, AMD/ATI, and Atheros Communications to produce the industry's most advanced math circuits. As Arithmatica enters the next phase of its growth in the EDA market, Mr. Ganousis's IC design and EDA executive management experience made him an ideal person to lead Arithmatica."

Arithmatica is the first EDA company focused solely on using advances in silicon math algorithms to lower costs and power and increase performance for math-intensive ICs, such as those used in 3D graphics, imaging, multimedia, wireline and wireless communications, and embedded processing. Its patented technology, available through its tools and design services, provides differentiated improvement to customers' ICs.

"I am honored to accept this leadership position at Arithmatica," said Mr. Ganousis. "Arithmatica has a combination of assets that will drive the company to success, including proven datapath synthesis tools, an outstanding R&D team, excellent support from their investors, and an exciting, growing market to address."

Dr. Curzon Price will be Executive Director of openDemocracy, a leading independent website on global current affairs, offering stimulating, critical analysis, promoting credibility and community through debate on issues of global importance and linking citizens from around the world.

About Arithmatica
Arithmatica is headquartered in Menlo Park, Calif., with a research and development center in Warwick, England. For further information, please visit: www.arithmatica.com

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