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Sagantec Establishes Direct Office in Japan(2006/11/16)

FREMONT, Calif., November 16, 2006 Sagantec announced today the opening of its branch sales and support office in Tokyo, Japan.

Sagantec-Japan began direct operation in October in response to a significant growth of its business in Japan and recognition of the strategic position of the Japanese semiconductor industry in advanced technology implementation and design for manufacturing.

With a local team of sales managers and application engineers, Sagantec can now provide advanced EDA solutions and expert technical support for its customers in Japan. Furthermore, the direct presence of Sagantec in Japan will lead to a closer relationship between major Japanese customers and Sagantec's engineering team.

Sagantec's solutions for accelerating design to production address a real and growing need for Japan's major semiconductor companies - to accelerate time to market of complex IC implementations in leading edge technologies.

"We have seen increased acceptance and broad adoption of our products with most of the major Japanese semiconductor companies. We have built strong business relationships with these companies, and the Sagantec-Japan office will enable us to provide direct and focused support to address the specific needs of each of our customers," said Hillel Ofek, Sagantec president and chief executive officer.

The Sagantec-Japan office is located at Level 28, Shinagawa Intercity Tower A, 2-15-1
Kounan, Minato-ku, Tokyo 108-6028. Phone: (03) 6717 2843. Fax: (03) 6717 4545.

About Sagantec

Sagantec accelerates design to silicon in advanced process technologies. Sagantec’s EDA products enable a dramatic shortcut in the successful deployment of new silicon technology through the use of physical design reuse, automatic process migration and DFM optimization. Sagantec's migration tools are used to redirect designs to either the newest technology or to a different process at the same technology node. Sagantec's DFM solutions accelerate delivery of high-yielding silicon through physical-design optimization. Privately held and funded, its corporate headquarters is at 46485 Landing Parkway, Fremont, CA. 94538. Telephone: (510) 360-5200. Facsimile: (510) 360-5255. On the Web at: www.sagantec.com