LSI Logic Joins Verisity's LicenseE Program

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Nov. 12, 2002--Verisity Ltd. (Nasdaq:VRST), the leading supplier of essential technology and methodology for functional verification, today announced that LSI Logic Corporation (NYSE:LSI), has joined its LicenseE(TM) program. LSI Logic is the latest in a growing number of key customers to join the LicenseE program in an effort to drive Verisity's e verification language toward public standardization.

"The LicenseE program was developed to drive the adoption and maturation of the e verification language," said Francine Ferguson, vice president of worldwide marketing for Verisity. "With industry-leading companies like LSI Logic joining the standardization effort, we are making significant progress in making what has already achieved de facto acceptance by the verification community, an open public standard. LSI Logic's participation in the LicenseE program and e Steering Committee will be a welcome addition."

The increasing interest from customers, EDA vendors and the industry at large has created significant momentum around Verisity's LicenseE program. As a member in the program, LSI Logic will receive open access to the e language and will participate in the e Steering Committee. The Steering Committee guides the future direction of the language to better serve the verification community and drives the standardization process to completion. All companies on the Steering Committee have equal say, including Verisity.

"We use Verisity extensively in the verification of our high-performance processor subsystems, memory controllers, and other key AMBA IP used with our broad portfolio of ARM and MIPS cores. We therefore have a substantial interest in the evolution and standardization of e," said Doug McKenney, director of processor engineering at LSI Logic. "As a member of the LicenseE program, our goal is to participate in the drive toward e language standardization so that it is open and available to everyone."

LSI Logic joins a prestigious list of strategic industry players supporting the e language initiative through the LicenseE program. Currently participating in the program are a number of Verisity customers including: ARM, Cisco Systems, Infineon Technologies, LSI Logic, PMC-Sierra, and STMicroelectronics.

About LSI Logic Corporation
LSI Logic Corporation (NYSE:LSI) is a leading designer and manufacturer of communications, consumer and storage semiconductors for applications that access, interconnect and store data, voice and video. In addition, the company supplies storage network solutions for the enterprise. LSI Logic is headquartered at 1551 McCarthy Boulevard, Milpitas, CA 95035, 866/574-5741 (within U.S.), 408/954-3108 (outside U.S.), http://www.lsilogic.com.

About Verisity
Verisity, Ltd. (Nasdaq:VRST), is the leading supplier of essential technology and methodology 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 flagship verification solution, Specman Elite(TM), automates manual processes and detects critical flaws in hardware designs enabling delivery of the highest quality products and accelerating time to market. 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, Israel, and North America. Verisity's principal executive offices are located in Mountain View, California, with its principal research and development offices located in Rosh Ha'ain, Israel. For more information, visit www.verisity.com.

Note to Editors: Verisity, Specman Elite and LicenseE 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.

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