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Press ReleaseClioSoft Opens Sales Channel in Taiwan and ChinaTerasic Technologies to distribute and support ClioSoft’s products in Taiwan and ChinaFREMONT, Ca., August 23, 2004 --ClioSoft, Inc., a leading supplier of data management solutions for hardware designers, announced that it has entered into a partnership with Terasic Technologies, Inc. to represent ClioSoft’s products in Taiwan and China. Semiconductor and systems design is growing rapidly in Taiwan and China and designers are facing very large scale SOC and HW/SW design projects with extremely tight schedules. Efficiently managing the vast amounts of data and coordinating the development of several engineers is a key requirement for successful delivery of products on time and with high quality. ClioSoft provides scalable and reliable data management solutions for multi-site, multi-platform development and is specially tuned to meet the needs of hardware designers. ClioSoft’s SOS family of products improve design team productivity by non-intrusively managing design data and enhancing designer-to-designer and designer-to-manager communication whether they are all in the same building or geographically dispersed across different continents. By using SOS, design team leaders can track progress and tape-out designs faster, with greater confidence and significantly reduced overhead. "After a thorough investigation we concluded that Terasic is the ideal choice to represent us in Taiwan and China. Having a strong technical local support staff is extremely important to us. The engineering team at Terasic already had in-depth expertise in design data management and revision control. They had successfully helped large semiconductor companies adopt revision control methodologies and streamline their design flows" said Srinath Anantharaman, CEO of ClioSoft. "The sales team at Terasic is focused on selling EDA tools and have strong connections with the major semiconductor and systems manufacturers in Taiwan and China. Terasic’s marketing and technical expertise will provide ClioSoft a unique opportunity to significantly increase market share in this rapidly growing Asian market." "We chose to become ClioSoft’s distributor in both Taiwan and China because they have the best solution for design data management, which is the fundamental and most important EDA infrastructure for IC and system design industries. We have tried many other solutions, however, none of the design data management tools can provide the performance and ease of use that ClioSoft’s SOS products deliver" said Sean Peng, CEO of Terasic. "SOS addresses all the data management needs of your project, improves communication, and maximizes team productivity. Moreover, SOS has been integrated with many popular EDA tools including Cadence DFII, Mentor HDL Designer Series, and Summit’s Visual HDL, providing designers a seamless EDA working environment. With ClioSoft’s state-of-the-art technology and affordable products, we are well positioned to serve the data management needs of the Electronics Design market in Taiwan and China." About Terasic Technologies Inc.Terasic Technologies, Inc. was founded in 2003 and focuses on two major business areas: EDA distribution and system design services. Terasic provides a range of leading edge EDA solutions and design services to the electronics design and semiconductor industries. They leverage extensive experience in IC design, system design, EDA tool implementation, and high-tech product sales, to partner with clients and successfully deliver products to market faster. Backed by strong industry investors and many strategic partners, Terasic provides advanced EDA and system solutions for many leading system and ASIC design houses in Asia in the fields of telecommunications, consumer, and industrial electronics. Headquartered in Kaohsiung, Terasic Technologies has a branch office in HsinChu, the Asian Silicon Valley, and a sales team in China, which enables Terasic to provide the fastest service to customers in Taiwan and China. For more information visit http://www.terasic.com. About ClioSoftFounded in 1997, ClioSoft is a leading provider of design data management solutions for the electronics design industry. ClioSoft's products focus on maximizing team productivity and provide version control, work-area management, release management, issue tracking, and project control seamlessly within the existing design environment. The multi-site development environment and cross-platform support enables global team collaboration and efficient management of design data and processes from concept to tape-out. Its small footprint products provide out-of-the-box solutions for a quick start but can also be customized and configured to suit the needs of distributed global enterprises. ClioSoft is a member of Cadence (NYSE:CDN) Connections, Mentor (Nasdaq:MENT) OpenDoor and Synopsys (Nasdaq:SNPS) MAP-in programs and the Si2 Open Access Coalition. Its data management solution is seamlessly integrated with EDA design tools from leading vendors. The SOS viaDFII solution allows designers to invoke data management features directly from the Cadence Virtuoso® Custom IC Design Platform. For more information, please contact: Karim Khalfan Taiwan/China: All product and company names are used for identification purposes only, and may be trademarks of their respective owners |