Avant! Wins Court Ruling
Wednesday March 19 12:41 AM EDT
Decision Not to Enjoin Avant! Software Assures Uninterrupted Sales and Support of Avant!'s Superior Place & Route Technology
SUNNYVALE, Calif., March 18 /PRNewswire/ -- Avant! Corporation (Nasdaq: AVNT) today announced that a federal judge has denied Cadence Design Systems' motion to enjoin the sale and support of Avant!'s IC place and route software. Avant! will continue to sell its leading integrated circuit design automation (ICDA) place and route software family of products, including Aquarius-BV and Aquarius-XO, as well as support its older products ArcCell-BV and ArcCell-XO.
Gerald C. Hsu, Avant!'s Chairman, President and CEO, said, "I applaud the Court's order issued today. I have always had strong faith in our legal system, although it is costly. Cadence has used unfounded and distorted stories in the past 15 months as a marketing campaign against Avant!. We are pleased to see that the truth is coming out through the legal process. We firmly believe that justice has been served. We hope that both Avant! and Cadence will put the legal issues behind them and compete professionally in the open marketplace. We should both devote our precious time, money and resources to developing better technologies for our customers. Avant! thanks its customers, shareholders and employees for their confidence and support in Avant!'s business and its products."
About Avant!
Avant! (pronounced ah-VANH-tee) Corporation develops, markets, and supports integrated circuit design automation (ICDA) software for the layout, verification and analysis of deep submicron ICs including microprocessors, microcontrollers, application-specific standard products (ASSPs) and complex application-specific integrated circuits
(ASICs). The company is headquartered in Sunnyvale, California. Telephone: 408 738-8881. Fax: 408 738-8508.
Worldwide Web: avanticorp.com.
ArcCell, ArcCell-XO, Aquarius and Aquarius-XO are trademarks of Avant! Corporation. SOURCE Avant Corporation |
