Timing and Synthesis Player, Incentia, Signs Davan Tech as Its Korean Distributor, Announces Plans for Asian Expansion
Asia Critical to Incentia's Plans for Growth and Success
Yahoo EDA News/Business Wire
(09/26/01, 9:01 a.m EST)
SANTA CLARA, Calif. & SEOUL, Korea--(BUSINESS WIRE)--Sept. 26, 2001--Incentia Design Systems, Inc., an EDA company in the ASIC timing analysis and synthesis market, announced today that it is implementing its technical support and distribution plan for Asia. Davan Tech Co., Ltd of Korea has signed an agreement to be Incentia's exclusive distributor and Incentia is finalizing negotiations with other distribution partners in the Pacific Rim.
Incentia's ASIC timing analysis and synthesis tools are well suited for Asia's consumer electronics and wireless electronic designs, where high performance and smaller silicon area are critical. The Company's tools are compatible with popular flows from leading EDA companies, such as Synopsys (Nasdaq:SNPS - news), Cadence Design Systems, Inc.
(NYSE:CDN - news) and Avant! Corporation (Nasdaq:AVNT - news).
Ihao Chen, Incentia's President, commented, "At the Design Automation Conference in June, there was lots of interest in our timing and synthesis products from leading electronics companies located in the Pacific Rim. To help us meet this demand, we signed Davan Tech as our first international distributor. We picked them because of their people, experience and the good relationships they have with leading electronics companies in Korea.''
"Because our customers urgently need deep submicron, system-on-chip design solutions, we have partnered with Incentia,'' noted Sancho Park, President and CEO of Davan Tech. "Incentia provides very fast timing analysis and comprehensive synthesis solutions for their high performance, multi-million-gate designs and complements our existing tool offerings.''
About Davan Tech Co., Ltd.
Davan Tech Co., Ltd, a leading EDA solution provider and distributor, has been operating profitably since its establishment in 1997. The Company started as the Avant! distributor in Korea. It carries leading edge tools from Avant!, Logic Vision, Sonics and Verisity, and is approved by Korea's SEC for an IPO.
Notes to Editors:
ASIC: Application Specific IC
EDA: Electronic Design Automation
IC: Integrated Circuit
SoC: System on Chip
CONTACT: Davan Tech Co., Ltd:
3Fl., Bescom Tower Bldg.
551-1, Sungnae-Dong, Kangdong-Gu
Seoul, Korea, 134-851
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