Accelerates at-speed silicon debug of multit-million gate chip to days
San Jose, Calif. - March 19, 2003 - LogicVision, Inc., (NASDAQ:LGVN), a leading provider of embedded test for integrated circuits and systems, today announced that Oak Technology (NASDAQ: OAKT) has selected LogicVision's Validator desktop silicon debug station for at-speed debugging of its IC designs integrated with LogicVision's embedded test technology. LogicVision's Validator product and embedded test solutions are the most advanced and proven test technologies available to help companies achieve a faster time-to-market and lower manufacturing cost.
"Oak Technology is seeing strong demand for highly integrated System-on-a-Chip IC's for HDTV," said Alex Sinar, VP Operations for Oak's TeraLogic Group. "The unique combination of LogicVision's Embedded Test technology and the Validator enables us to perform at-speed debug of our multi-million gate chips in days instead of weeks and pinpoint manufacturing yield hazards for rapid analysis and corrective action. We believe this fast, advanced debug capability will help us maintain a leading edge in the market by delivering robust, highly complex devices to our customers in a timely manner."
"We are very pleased to have Oak Technology as a customer for our Validator product. Increasing adoption of the Validator underscores the interest we continue to see for our embedded test solutions. Competitive advantages of reduced manufacturing costs and reduced time to market that embedded test can provide have been key value propositions for our customers," said Mukesh Mowji, LogicVision's vice president sales and marketing. "We look forward to expanding our relationship with Oak Technology."
About Oak Technology, Inc.
Oak Technology, Inc., a leading provider of solutions for the storage, management and display of digital content, is committed to driving the emerging world of connected consumer appliances. The company's fully integrated products and technologies target two key markets: digital home entertainment (digital TV, HDTV and PVRs), and digital imaging (advanced copiers, printers, faxes, scanners and MFPs).
Oak's TeraLogic Group designs integrated circuits, software and platforms for digital TV that enable the delivery of compelling entertainment, information and interactive services to the home. With products powered by TeraLogic's technologies, consumers can enjoy crystal clear video and audio, Internet, electronic commerce, electronic program guides and interactive data services. TeraLogic Group's customers and partners include Sony, Mitsubishi, Samsung, Thomson/RCA, Access, Funai, JVC, Kenwood, NDS, NEC, Oren, Panasonic, ReplayTV, Texas Instruments, VividLogic, and Wind River Systems.
The company is headquartered in Sunnyvale, CA and trades on the NASDAQ Stock Exchange under the symbol OAKT. Additional information about Oak and its digital solutions can be found at www.oaktech.com.
About LogicVision Inc.
LogicVision (NASDAQ: LGVN) provides proprietary technologies for embedded test that enable the more efficient design and manufacture of complex semiconductors. LogicVision's embedded test solution allows integrated circuit designers to embed into a semiconductor design test functionality that can be used during semiconductor production and throughout the useful life of the chip. For more information on the company and its products, please visit the LogicVision website at www.logicvision.com.
FORWARD LOOKING STATEMENTS:
Except for the historical information contained herein, the matters set forth in this press release, including statements as to the expected benefits of and demand for the companies' technology and products, LogicVision's competitive position, and the continued relationship between the companies, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risk and uncertainties that could cause actual results to differ materially, including, but not limited to, the impact of competitive products and technological advances, risks and challenges associated with international operations, and other risks detailed in LogicVision's Form 10-K for the year ended December 31, 2002, and from time to time in LogicVision's SEC reports. These forward-looking statements speak only as of the date hereof. LogicVision disclaims any obligation to update these forward-looking statements.
LogicVision, Embedded Test, LogicVision Ready and LogicVision logos are trademarks or registered trademarks of LogicVision Inc. in the United States and other countries. All other trademarks and service marks are the property of their respective owners.
# # #