Verification Leader TransEDA Adds EDA Veteran Bob Quinn to Its Board of Directors

LOS GATOS, Calif.--(BUSINESS WIRE)--Aug. 29, 2001--TransEDA® PLC (LSE:TRA), the leader in ready-to-use verification solutions, today announced that Mr. Bob Quinn has joined its board of directors.

Quinn is a founder and president of Network Virtual Systems, Inc. of San Jose, Calif., which develops security components for the networking industry. He was previously a founder and chairman of iMODL, an electronic design automation (EDA) software company that was purchased by TransEDA in March 2001. Before that, he was director of advanced development at Unisys Corporation, and held engineering management positions with Unisys, Arix, and Exxon. Quinn serves on the board of directors of Lark Wires & InfoTech Ltd. of India. He is a qualified engineer, and holds a B.E. from the University of Ireland, Cork.

According to Chris Wright, chairman of TransEDA, ``We are delighted to welcome Bob Quinn to the board. His considerable EDA experience and knowledge will be invaluable to the future growth of TransEDA.''

Ellis Smith, TransEDA president and CEO, said, ``Bob joins an already strong board of directors, bringing with him extensive technical and business expertise. This expertise will be of great value as TransEDA moves to becoming the dominant provider of verification solutions to the IC market worldwide.''

About TransEDA

TransEDA PLC (LSE:TRA) develops and markets ready-to-use verification solutions for electronic field-programmable gate array (FPGA), application-specific integrated circuit (ASIC), and system-on-chip (SoC) designs. The company's verification IP library includes models for advanced microprocessors and bus interfaces.

TransEDA's design verification software performs application-specific test automation and configurable HDL checking; functional, finite state machine (FSM) and code coverage analysis; and test suite analysis. TransEDA's tier-1 list of customers includes 18 of the world's top 20 semiconductor vendors.

For more information, visit www.transeda.com or contact TransEDA at 985 University Avenue, Los Gatos, California 95032 U.S.A., telephone 408/335-1300, fax 408/335-1319, email info@transeda.com.

Note: TransEDA is a registered trademark of TransEDA PLC. All other trademarks are properties of their respective holders.

Contact:
     In North America, Asia, and Japan
     TransEDA
     Tom Borgstrom, 408/335-1303
     tom.borgstrom@transeda.com
     or
     Armstrong Kendall, Inc.
     Jen Bernier, 408/975-9863
     jen@akipr.com
     or
     In the U.K. and Europe
     PentaCom
     Sharon Graves, +44 1242 525205
     sharon.graves@btinternet.com
     or
     Financial Inquiries
     Beattie Financial
     Susan Frost, +44 020 7398 3300, ext. 223
     susan.frost@beattiefinancial.com