inSilicon Adds ASIC International as Authorized Design Center
SAN JOSE, Calif., August 8, 2000 - inSilicon Corporation (Nasdaq: INSN) - a leading provider of communications technology for complex systems-on-a-chip -today announced it has initiated an Authorized Design Center agreement with ASIC International ("Ai").
As an inSilicon Authorized Design Center, ASIC International will have direct access to inSilicon training and application support to enable them to offer value-added design integration services for inSilicon's semiconductor intellectual property technology licensees.
"ASIC International offers inSilicon licensees an additional resource for design services for implementing complex systems-on-a-chip ASIC," said John Weekley, director of partner marketing of inSilicon. "Authorized Design Centers, like Ai, provide a vital component of accelerating time to market for inSilicon licensees."
"ASIC International prides itself at being able to provide superior design services, on-time and within budget - inSilicon was an obvious match," said Mark Goode, vice president ASIC development, ASIC International. "inSilicon's proven communication cores will provide our customers with quick solutions and turn-around time, accelerating their world-class products' time-to-market and trimming design costs. ASIC International's design expertise and inSilicon's technology is a winning combination."
inSilicon Corporation is a leading provider of communications and connectivity technology used by semiconductor and systems companies to design complex systems-on-chip that are critical components of digital devices. inSilicon's technology provides customers faster time-to-market, and reduced risk and development cost. The Company's enabling communications technologies, including the JVX[tm] Java[tm] Accelerator, Ethernet, USB, PCI, and IEEE-1394 are used in a wide variety of markets encompassing communications, consumer, computing, and office automation.
About ASIC International
ASIC International ("Ai"), the leader in deep-submicron ASIC design, provides world-class expertise in all aspects of ASIC design, systems, and architectural implementations. ASIC International provides complete ASIC design services, from initial specification through layout. Ai also provides cryptographic cores and technologies, as well as foundry interface and production services. Ai offers complex ASIC and advanced system designs in signal processing, cryptography, video, rad-hard, communications, graphics, and audio.
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In addition to the historical information contained herein, statements in this press release may contain forward-looking statements within the meaning of the Federal securities laws and are subject to the safe harbors created thereby. The following are among the factors that could cause actual results to differ materially from the forward-looking statements: the risks that products will fail to achieve market acceptance, the timing of customer orders, delays in the design process, the length of inSilicon Corporations' sales cycle, inSilicon Corporation's ability to develop, introduce and market new products and product enhancements, changes in product mix or distribution channels; the demand for semiconductors and end-user products that incorporate semiconductors; technological difficulties and resource constraints encountered in developing and/or introducing new products; natural disasters/acts of God; and other risks both domestic and international. Forward-looking statements contained in this press release regarding expected financial results, industry trends, sales and future product development and business strategies and activities should be considered in light of these factors and those factors discussed from time to time the Company's public reports filed with the Securities and Exchange Commission, such as those discussed under "Risk Factors"' in the Company's report on form S-1 filed in March 2000, and Company 10Q filed in May 2000.
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