EVE Achieves Record Bookings of $19.9 Million in Q4 FY2010

Sixth-Generation ZeBu-Server Purchased By Eight Major Semiconductor Companies, Including Long-Time ZeBu Platform Users

SAN JOSE, CA--JUNE 30, 2010--EVE, the leader in hardware/software co-verification, today announced that it closed the last fiscal quarter of 2010 on March 31 with record bookings of $19.9 million.

Further, since it began volume production in January 2010 of ZeBu-Server, its new billion-gate fast emulation platform, EVE has received purchase orders from eight semiconductor companies, including both new and long-time users of ZeBu platforms.

"We have been granted our wish to forget 2009 and the worst recession in history," emphasizes Dr. Luc Burgun, EVE’s chief executive officer and president, who adds that this quarter marks the beginning of a strong recovery. "The rapid ramp in ZeBu-Server orders over the first five months, some of which included multiple systems from long-time users of our ZeBu emulators, delivers another vote of confidence in the design and productivity of our state-of-the-art fast emulation systems."

In fiscal 2010, EVE added multiple new customers in leading industries, including LG Electronics, Konica-Minolta, Fujitsu Microelectronics Solutions, Nokia-Siemens Networks among others. EVE expanded its installed base through several repeat orders from previous ZeBu users.

In January, EVE started volume production of ZeBu-Server, its sixth-generation scalable emulation system capable of handling up to one-billion application specific integrated circuit (ASIC) gates. A high-capacity, highly scalable and very fast emulator, ZeBu-Server is suitable for hardware verification and hardware/software co-verification of current and next-generation system-on-chip (SoC) designs.

Over the past 12 months, EVE expanded its library of verification intellectual property (IP), adding several memory models and fast ZeBu transactors, such as HDMI, AXI and TLM 2.0, announced June 1. EVE delivered two major software releases that slashed set-up and compilation time for large designs and enhanced ZeBu-Server’s hardware debugging capabilities.

About EVE

EVE is the worldwide leader in hardware/software co-verification solutions, including hardware description language (HDL) acceleration and extremely fast emulation. EVE products significantly shorten the overall verification cycle of complex integrated circuits and electronic systems designs. Its products also work in conjunction with popular Verilog, SystemVerilog, and VHDL-based software simulators from Synopsys, Cadence Design Systems and Mentor Graphics. Its United States headquarters are in San Jose, Calif. Telephone: (408) 457-3200. Facsimile: (408) 457-3299. Corporate headquarters are in Palaiseau, France. Telephone: (33) 1 64.53.27.30. Fax: (33) 1 64.53.27.40. Email: info@eve-team.com. Website: www.eve-team.com.