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Technology Stocks : LSI Corporation

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To: GST who wrote (17122)2/22/1999 8:49:00 AM
From: Paul Lee  Read Replies (2) of 25814
 
LSI Logic Incorporates Verisity's Specman Elite as Functional Verification Platform
LSI Logic Also Announces Equity Investment in Verisity
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Feb. 22, 1999--LSI Logic Corporation (NYSE:LSI - news) and Verisity Ltd. today announced that LSI Logic has made a financial investment in Verisity and has included Verisity's Specman Elite tool as its principal functional verification platform.

LSI Logic will use Specman Elite in multiple sites worldwide to support distributed product development and ensure the reliability of its system-on-a-chip solutions.

''Functional verification is becoming a critical issue in system-on-a-chip design,'' said Dan Weed, vice president of worldwide customer engineering at LSI Logic.

''Maintaining a consistent and standardized verification methodology across all of our product groups allows for the re-use of building-block cores for key customers in target markets, and reduces product delivery time. Verisity's unique approach and proven product, Specman Elite, is consistent with LSI Logic's product methodology direction.''

''LSI Logic is the leading methodology company in system-on-a-chip solutions. Its broad portfolio of processor, peripheral and protocol cores that target networking, telecommunications and wireless, data storage, consumer and computer products markets, underscores the importance of a common verification methodology,'' said Moshe Gavrielov, CEO of Verisity.

''The proliferation of Specman Elite and the financial investment by LSI Logic represents a significant endorsement of Verisity's products.''

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