Press Release

Apache Closes 2007 with Twentieth Consecutive Quarter of Record Sales

Company adds record number of new customers and Optimal acquisition exceeds expectations

SAN JOSE, Calif. – January 8, 2008 – Apache Design Solutions, the technology leader in power signoff and silicon integrity platform solutions, today announced that the company has achieved its 20th consecutive quarter of record sales and revenue, while maintaining profitability. Q4 sales consisted of expanded relationships with existing customers, adoption of Apache’s flagship RedHawk product by eleven new semiconductor companies, and strong growth in the Sentinel chip-package-system products. During Q4, Apache completed its acquisition of Optimal Corporation to further strengthen and expand its Sentinel product line. Also in Q4, the Common Platform alliance members (Chartered Semiconductor, IBM and Samsung) qualified RedHawk for use in their 65nm reference flows.

“The integration of Optimal into Apache has been a great success, already exceeding our expectations,” said Dave DeMaria, senior vice president of Chip-Package-System at Apache (former CEO of Optimal). “We shared our vision and roadmap for an industry-first co-design solution with our customers and received an exceptionally positive response. In addition to the teams successfully integrating, we’ve added more resources to accelerate our roadmap, and we exceeded our bookings goal in Q4, all in our first quarter as part of Apache.”

“We made significant strides helping our customers address the power and noise challenges for chip, package, and system in 2007. We expanded our traditional SoC dynamic power customer base and once again achieved a record quarter in Apache’s organic business,” said Andrew Yang, CEO of Apache. “In addition, Apache moved to a new headquarters in San Jose, California to accommodate our growth.”

Apache Design Solutions, NSPICE, RedHawk, PakSI-E, PsiWinder, Sahara, Sentinel, and Vectorless Dynamic are trademarks of Apache Design Solutions, Inc.

Downloads Contact Us Site Map