NetSpeed Systems mames Industry Veteran Scott Seaton as VP Worldwide Sales

SAN JOSE, Calif., March 25, 2015—NetSpeed Systems Inc., the supplier of on-chip network IP that is transforming SoC design, today named Scott Seaton as its VP Worldwide Sales. In his new role, Mr. Seaton will lead initiatives to expand the company’s global customer reach.

“This is a time of rapid growth for us, with many new design wins with major customers around the world,” said Sundari Mitra, NetSpeed’s co-founder and CEO. “NetSpeed’s on-chip network IP is now in production use at several leading companies in the enterprise networking, mobile and FPGA market segments. It is great to have Scott as part of the executive team. His extensive semiconductor sales experience and his track record in taking companies to the next level will help NetSpeed scale its sales operations and lead us into our next phase of growth.”

Mr. Seaton brings extensive experience in executing successful corporate strategies that drive growth while serving customers in semiconductor and network security markets. Most recently he was CEO of Oasys Design Systems, a chip synthesis company that was acquired by Mentor Graphics. Previously, Mr. Seaton was VP of Sales and Marketing at Carbon Design Systems where he helped transform the company into a market leader in system level design. Scott was also VP of Worldwide Sales at Enkoo, an SSL VPN networking appliance company and was President and CEO of ListenPoint, a venture-backed enterprise software company. Earlier in his career he was VP of Channel Sales at Viewlogic and he began his career in engineering at AMD.

“NetSpeed is revolutionizing the way SoC design teams create interconnect for complex SoC designs. With our technology, architects now have the ability to synthesize correct by construction network-on-chips (NoCs) from high level system specs.” said Mr. Seaton. “The response from customers has been phenomenal and I am excited to be part of the team.”

About NetSpeed Systems, Inc.
NetSpeed Systems provides scalable, coherent, on-chip network IPs to SoC designers for a wide range of markets from mobile to high-performance computing and networking. NetSpeed's on-chip network platform delivers significant time-to-market advantages through a system-level approach, a high level of user-driven automation and state-of-the-art algorithms. NetSpeed Systems was founded in 2011 and is led by seasoned executives from the semiconductor and networking industries. The company is funded by top-tier investors from Silicon Valley. It is based in San Jose, California and has additional research and development facilities in Asia. For more information, visit www.netspeedsystems.com.