Apache Continues Record Quarter Sales Success in Third Quarter

Adds New Customers and Expands R&D Operations


Mountain View, Calif. – October 24, 2006– Apache Design Solutions, the technology leader in full-chip dynamic power and noise solution for system-on-chip (SoC) designs, today announced that the company has achieved its 15th consecutive quarter of record bookings and revenue, while maintaining profitability. Apache also continues its global expansion plans with the opening of R&D centers in China, India, and Taiwan.

Apache’s business growth includes continued expansion of licenses in existing accounts and new customers, as well as multi-year orders for the recently announced Sahara-PTE product. Apache also maintains 100% renewal rate with customers in Q3.

“Apache’s commitment to address our customer’s top design concerns in SoC power and noise, as well as our first-class support team continues to drive our growth,” stated Craig Shirley, vice president of worldwide sales at Apache. “With the recently released Sahara-PTE for power-thermal-electrical analysis, Apache upholds it leadership position in this critical market by delivering the only platform solution to address the power integrity needs.”

“Continued profitability and international growth signifies the long term stability of the company,” said Andrew Yang, CEO of Apache. “We are pleased that our customers are partnering with us for our expertise in addressing the signoff challenges of advanced SoC designs.”

Apache Design Solutions, NSPICE, RedHawk, PsiWinder, Sahara-PTE, and Vectorless Dynamic are trademarks of Apache Design Solutions, Inc.