Apache Design Solutions Announces Expansion of India Operations

The company adds sales, support and R&D expertise

Bangalore , October 5, 2006 - Apache Design Solutions, the technology leader in full-chip dynamic power and noise solutions for system-on-chip (SoC) designs, today announced expansion plans for its Indian operations as part of a significant move in the company’s overall global expansion strategy. The Indian unit located in Bangalore will continue to provide customer support while leveraging India’s elite engineering expertise.

Apache Design Solutions increased its headcount by over 400% in 2006 and plans to double the current headcount in 2007. By expanding its operations in India, Apache aims to gain from the quality talent pool available in the country. India, which is known for its chip design and embedded software expertise, houses over a hundred chip design companies. The expansion of Apache’s Indian unit aims at providing around-the-clock worldwide support to its customers.

“ India has been recognized as a region with engineering expertise in the high-technology semiconductor and IC markets,” said Dr. Andrew Yang, CEO of Apache Design Solutions. “We are committed to ensuring the long term success of our international offices and providing support and engineering excellence to our customers worldwide.”

Apache’s India operations is headed by Prashant Pahade and include sales, applications support, and research & development expertise. Mr. Pahade comes to Apache with over sixteen years of EDA experience, most recently at Cadence Design Systems (NASDAQ:CDNS) where he served as Senior Global Account Executive responsible for managing global accounts and encounter platform business development. Before joining Cadence, Mr. Pahade was CEO and founder of Gizmo123, a startup company providing JAVA-based software to manufacturers.

“We are pleased to be able to offer hands on support and resources to our customer base and leverage the world class R&D talent pool in this region,” said Prashant Pahade, Managing Director of Apache, India. “The Indian semiconductor industry ,is growing at a rapid pace. According to the ISA-F&S reports, the VLSI design market revenues witnessed a growth rate of 38.0 % in 2005. With India’s current growth in the semiconductor industry, now is the time to take advantage of these fine resources and work closely with the companies already established in the region.”

Apache’s expansion into India with its already established sales and support presence in Europe, Japan, Korea, Taiwan and the USA is a response to an overwhelming increased customer demand for the company’s full-chip dynamic power closure solutions for SoC designs at 130 nm processes and below. Apache’s worldwide customer base uses the company’s solutions from early in the design process through validation to ensure power closure sign-off.