San Jose, CA – January 9, 2006 - Forte Design Systems today announced
that David Sear has been named President and Chief Executive Officer and
elected to its Board of Directors. Dr. Sear will oversee all daily
operations to drive the company's global growth strategy.
Dr. Sear joins Forte with more than 25 years of senior management
experience in the semiconductor industry. Most recently he was a strategic
consultant, serving as an interim CEO for various pre-IPO semiconductor
companies. Prior to his consulting work, Dr. Sear held numerous executive
management positions, including: President and CEO of Vaishali
Semiconductor, LLC; COO of Quality Semiconductor (now part of IDT);
President and CEO of Integrated Circuit Systems Inc. (Nasdaq: ICST); and
President and COO of Catalyst Semiconductor, taking that company public.
"We are excited to have such a high-caliber executive as David join
Forte," said Lucio Lanza, Managing Director of Lanza Tech Ventures and
Forte Board member. "David brings the level of business acumen we believe
the company needs to fully capitalize on its potential. His extensive
experience in the semiconductor industry and demonstrated leadership
abilities will complement Forte's existing strengths. Under his management,
the company will continue to expand its technology leadership, grow its
customer base toward a more global expansion, and strengthen its leading
position in the ESL market."
"I am pleased to be joining Forte as ESL design is gaining traction on a
worldwide basis," said the incoming CEO Sear. "Forte has an outstanding
team, is backed by a very strong board of directors and investors, and has
already built a strong customer base and partnership network. I look
forward to working with the rest of the team to take our company to the
next phase of growth."
Forte's Cynthesizer significantly reduces the
time needed to create complex chips and systems by automatically generating
high-quality RTL designs from high-level algorithms. Cynthesizer is
silicon-proven with uncompromising quality of results that often exceed
hand-coded RTL. It is the only behavioral synthesis product that offers
designers a complete environment including synthesis, verification, and
co-simulation. Cynthesizer has been used on over 90 designs and is in
production use in many of the largest systems and semiconductor companies
worldwide.
Forte Design Systems is a leading provider of
electronic design automation products that enable design at a higher level
of abstraction. Forte's innovative
behavioral synthesis technology allows
design teams creating complex electronic systems from algorithmic designs
using ASICs, FPGAs, and SoCs to significantly reduce their overall design
and verification time.
Forte is headquartered at 100 Century Center Court, San Jose, CA 95112.
For more information, visit
www.ForteDS.com.
Cynthesizer is a trademark of Forte Design Systems.
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