San Jose, CA. — October, 20, 2003 — LogicVision, Inc., (NASDAQ:LGVN), the leading provider of embedded test for integrated circuits and systems, today announced that EL & Associates, Inc, a leading design services company, is the first firm to be certified as a LogicVision Design Service Partner. EL & Associates will provide embedded test integration and verification services using LogicVision’s embedded test technology and the LV2004TM test products.
As semiconductor companies continue to develop increasingly complex devices, they are continuously looking for solutions to lower test costs and increase quality, while enhancing overall time-to-market. By outsourcing the embedded test integration portion of the design flow to EL & Associates, companies can take advantage of all the cost, quality and time-to-market benefits of LogicVision’s technology and minimize any risk to the design schedule.
“EL & Associates is a well established design services company that specializes in design-for-test and manufacturing test enhancement for ASICs and SOCs.” said Ron Mabry, LogicVision’s vice president of marketing and business development. “This partnership helps us provide our customers with optimized test solutions through the combination of leading edge embedded test technology and specialized design services.”
“Our partnership with LogicVision allows companies to focus on their core business needs and objectives,” said Edward Toy, EL & Associates’ CEO. “With our design experience and LogicVision’s Embedded Test solutions, we believe, companies can confidently reduce test costs and improve product quality while minimizing design related costs.”
About EL & Associates
EL & Associates provides quality turnkey design services solutions with risk management and schedule reductions for integrated circuit projects. The company's highly experienced staff has helped more than 650 development teams to meet their production schedules over the past 14 years. EL & Associates has managed design projects for companies ranging from start-ups to multi-nationals. For more information on the company and its design service offerings, please visit the EL & Associate website at www.ela.com.
About LogicVision Inc.
LogicVision (NASDAQ: LGVN) provides proprietary technologies for embedded test that enable the more efficient design and manufacture of complex semiconductors. LogicVision's embedded test solution allows integrated circuit designers to embed into a semiconductor design test functionality that can be used during semiconductor production and throughout the useful life of the chip. For more information on the company and its products, please visit the LogicVision website at www.logicvision.com.
FORWARD LOOKING STATEMENTS:
Except for the historical information contained herein, the matters set forth in this press release, including statements as to the expected benefits of the companies’ partnership and embedded test products and services, including minimizing the risk of any impact on design schedules, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risk and uncertainties that could cause actual results to differ materially, including, but not limited to, the impact of competitive products and technological advances, and other risks detailed in LogicVision's Form 10-Q for the quarter ended June 30, 2003, and from time to time in LogicVision's SEC reports. These forward-looking statements speak only as of the date hereof. LogicVision disclaims any obligation to update these forward-looking statements.
LogicVision, Embedded Test, LogicVision Ready and LogicVision logos are trademarks or registered trademarks of LogicVision Inc. in the United States and other countries. All other trademarks and service marks are the property of their respective owners.
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