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Zoran Corporation Selects Verisity's Verification Process Automation Technology
Leading Provider of Digital Solutions Turns to Verisity to Accelerate Time-to-Closure
MOUNTAIN VIEW, Calif--(BUSINESS WIRE)--Oct. 18, 2004 -- Verisity Ltd. (Nasdaq:VRST), the leading provider of Verification Process Automation (VPA) solutions, announced Zoran Corporation is using Verisity's VPA solutions to speed functional verification processes for the company's IC solutions for digital entertainment and digital imaging markets. The company's verification team evaluated several commercial options for automating the verification process and decided on Specman Elite(TM) based on its superior technology and outstanding support. "We serve a market that is growing rapidly with OEMs that demand continued innovation and flawless execution," said Ram Ofir, Sr. VP of engineering, Zoran Corporation. "Anything we can do to shorten our verification time is critical to our ability to meet the stringent schedules we face. We're confident Verisity technologies and methodologies will help make our engineering teams more productive." Verisity's metric-based methodology enables design teams to accurately measure verification progress so they can better predict time-to-closure. The metric-driven processes, based on Coverage-Driven Verification (CDV), allow engineers to efficiently analyze progress and optimize the use of its resources. About Verisity Verisity Ltd. (Nasdaq:VRST) is the leading supplier of process automation solutions for the functional verification market. The company addresses customers' critical business issues with its market-leading software and intellectual property (IP) that effectively and efficiently verify the design of electronic systems and complex integrated circuits for the communications, computing, and consumer electronics global markets. Verisity's VPA solutions enable projects to move from executable verification plans to module, unit, and chip/system level "total coverage" and verification closure, while maximizing productivity, product quality, and predictability of schedules. The company's strong market presence is driven by its proven technology, methodology and solid strategic partnerships and programs. Verisity's customer list includes leading companies in all strategic technology sectors. Verisity is a global organization with offices throughout Asia, Europe, and North America. Verisity's principal executive offices are located in Mountain View, Calif., with its principal research and development offices located in Rosh Ha'ain, Israel. For more information, visit www.verisity.com. Verisity, the Verisity logo, and Specman Elite are either registered trademarks or trademarks of Verisity Design, Inc., in the United States and/or other jurisdictions. All other trademarks are the property of their respective holders. SOURCE: Verisity Design, Inc. "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Verisity's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.
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