Released on: January 10, 2008, 11:29 pm

Press Release Author: PRHUB

Industry: Semiconductors

Press Release Summary: Axiom Design Automation, a leading semiconductor design
solutions company, today announced expansion of its Indian operations with
inauguration of a new facility in Bangalore. Axiom now has two R&D facilities in
India, one in Mangalore set up last month making it the first semiconductor design
company to do so. The company announced investments in excess of US$3 million in
India and that its headcount will exceed 150 by end 2008. The two facilities will
enable Axiom to better support the rapidly evolving Indian market and tap into the
world-class engineering talent available here.

Press Release Body: Bangalore, January 11, 2008: Axiom Design Automation, a leading
semiconductor design solutions company, today announced expansion of its Indian
operations with inauguration of a new facility in Bangalore. Axiom now has two R&D
facilities in India, one in Mangalore set up last month making it the first
semiconductor design company to do so. The company announced investments in excess
of US$3 million in India and that its headcount will exceed 150 by end 2008. The two
facilities will enable Axiom to better support the rapidly evolving Indian market
and tap into the world-class engineering talent available here. The Bangalore
facility was inaugurated by Dr. Prabhu Goel, EDA expert & Founder of Verilog
Language with Dasaratha R Gude, Vice President & Managing Director, AMD R&D
Center-Hyderabad as the Guest of Honor. They were joined by Avtar Saini, Chairman,
Axiom Inc. & ex-chief of Intel India and Badru Agarwala, President & CEO, Axiom Inc.
besides key customers and partners.

"Axiom is focused on building a complete verification flow to customers and are
expanding our portfolio constantly for performance, productivity and verification
closure," said Badru Agarwala, President & CEO, Axiom Inc. adding, "Significant
investments in R&D become a natural evolution as India continues to have a major
impact in our overall business and the company heads to record a 100% growth this
year."

"Verification challenges are increasing exponentially with linear increase in design
complexity. Talent engagement thus becomes critical to adopt new tools and
methodologies for on time delivery. The new facilities in Bangalore and Mangalore
enhance our ability to attract an increasing number of the talented engineers in
India who will play a key role in ensuring customers' success," said Avtar Saini,
Chairman, Axiom Inc.

"The silicon design ecosystem is witnessing great progress in India and we need to
expand the talent pool further in vertical domains. AXIOM is adopting novel
strategies to build talent and apply them in project situations. With strong
presence in tools, methodologies and high end design services space, we are in a
unique position to address our customers' challenges in ASIC/SoC verification," said
Ravi Shankar, Managing Director, Axiom India.

Axiom Design Automation is the pioneer behind developing advanced functional
verification products. Originally @HDL, Axiom\'s mission has always been to improve
the productivity of design verification teams. Axiom has a global sales and support
team with R&D centers in USA and India. Recently the company acquired SysChip
Technologies to further expand its verification solutions footprint.


Web Site: http://www.axiom-da.com

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