IPextreme Adopts Synchronicity Software to Facilitate Customer Intimacy and Productivity through Efficient IP Distribution and Support

San Jose and Campbell, CA – Aug 3, 2004 – Up-and-coming semiconductor intellectual property (IP) company, IPextreme, is adopting the Synchronicity® Publisher Suite solution for the distribution and support of their high quality IP. As semiconductor companies are scrambling to overcome the high cost of custom chip design, IPextreme is helping their customers get new chips to market faster and at lower cost by applying “Extreme Programming”, a disciplined approach to design and programming, to the development of IP. The Publisher Suite will directly support key Extreme Programming tenets such as close customer involvement, frequent releases, whole team ownership and continuous integration of the entire design.

The Publisher Suite is widely used for design reuse and the distribution and support of IP. The Publisher Suite contains the IP Gear™ Catalog to store and present reusable designs and the IP Gear Helpdesk and Knowledge base as a rich support environment. This infrastructure will raise the productivity and quality of experience for IPextreme’s customers around the globe, by enabling them to find, evaluate and securely download blocks of already complete and proven designs through any web browser. By easing and supporting such transactions, the Publisher Suite raises intimacy with, and satisfaction of, prominent IPextreme customers such as Infineon.

“There is a huge commercial opportunity for semiconductor intellectual property, especially for a company that can bring a fresh approach to IP quality and customer satisfaction”, commented industry veteran, Warren Savage, president and CEO of IPextreme. “To make IPextreme into a successful, sustainable IP business, we started with a clean sheet, adopting the best processes and systems available today. Thus we chose the Synchronicity Publisher Suite as the preeminent solution to connect to our customers as it enables the uncommonly tight interaction demanded by our Extreme Programming methodology.”

Brad Hafer, Synchronicity vice-president of marketing and business development, noted, “IPextreme looks set to shake-up semiconductor development by revolutionizing the design, packaging and distribution of IP, and we are pleased that their experienced team selected our Publisher Suite as the best customer interface solution. They are joining many other significant electronics companies in the adoption of our IP lifecycle management solutions and confirming that we are the de facto standard for moving and managing designs in and between companies.”

About Synchronicity
Synchronicity enables IC, embedded software and system developers to get from concept to product to revenue more quickly. Their Developer and Publisher Suites provide value by tracking project status, capturing design intent, managing engineering data and coordinating IP reuse, distribution and support. Over 120 development organizations, including 13 of the top 15 semiconductor companies, use Synchronicity software to connect and manage their design chain; boosting collaboration within project teams, across the enterprise and between businesses. Synchronicity has entered into a definitive agreement to be acquired by MatrixOne (www.matrixone.com) in a transaction which is expected to close in early August 2004. Both companies are headquartered in Massachusetts. For more information: www.synchronicity.com

About IPextreme Inc.
IPextreme is a thought leader in semiconductor IP. IPextreme creates, licenses, and brokers semiconductor IP and provides IP design and methodology services. In order to provide trusted, high-quality IP, IPextreme is committed to the continuous improvement of the design process itself, adhering to the principles of Extreme Programming, a software development methodology that embraces customer collaboration and takes sensible development practices to an extreme. IPextreme is a privately held company with locations in Campbell, California and Munich, Germany. For more information, please visit www.ip-extreme.com.

Synchronicity is registered trademark and IP Gear and Synchronicity Publisher Suite are trademarks of Synchronicity Software Inc.. IPextreme is a trademark of IPextreme Inc. All other trademarks are acknowledged.