Innovating the Intelligence of Formal Techniques for Automatic Design Verification

Real Intent Appoints Technical, Sales and Marketing Execs to Management Team; Expands Focus to Timing Closure

Pranav Ashar, Ron Geiss & Rich Faris Join

Santa Clara, Calif. – February 9th, 2005 – Real Intent, Inc., the leading supplier of
formal assertion-based verification (ABV) software for electronic design verification today announced that it has appointed Dr. Pranav Ashar as CTO, Ron Geiss as VP of Worldwide Sales and Rich Faris as Director of Marketing. All of these executives will report directly to President and CEO, Prakash Narain. In addition, the company announced that while continuing to deliver its formal analysis technology for verification, it will expand its market by addressing new electronic design applications that improve timing closure.

“With the addition of this experienced management team and our new product vision, we are now strongly positioned to expand our formal analysis based suite of products in the market. We have achieved several key milestones in our growth that make me extremely excited about our future”, remarked Prakash Narain, President and CEO. “We now have over 35 customers, who have completed successful tapeouts. Our customers are capitalizing on the verification ROI our tools are delivering.”

“It is very exciting for me to be involved with Real Intent and contribute to the next generation of verification technologies,” said Dr. Pranav Ashar, CTO. “Our customers tell me that the period for evangelizing about formal methods in design verification is past. The standardization of property specification languages, their compatibility with simulation and numerous examples of formal methods finding bugs early has convinced design companies that formal methods deliver value in their flows.”

“I am thrilled to be part of the Real Intent team at this exciting time – a time when the company has successfully demonstrated that their ABV products are rapidly being adopted”, noted Ron Geiss, VP of Worldwide Sales. “Our tools offer a very compelling value proposition to any design team and customer response is strongly endorsing our new product directions”, he further added.

Rich Faris, Marketing Director added, “Real Intent‘s formal technology is unsurpassed in the market, and we have a large and expanding portfolio of influential customers, who are mandating the use of our tools in their verification flows. In addition, formal techniques have much to offer to design teams as well as verification engineers, and our new focus on design will open up new markets for us.”


More about the Execs

Dr. Pranav Ashar brings over a decade of leading edge EDA technology research in formal verification, test, logic synthesis and analysis. He spent over 10 years with NEC Laboratories in Princeton, where he was a department head, leading the R&D activities in the areas of HW and SW formal verification, embedded design and autonomic system management. While at NEC, he developed one of the most powerful engines in the formal industry. Dr. Ashar received his Ph.D. and Masters in EECS from Berkeley and his BSEE from IIT Madras in India.

Ron Geiss brings to Real Intent a 26 year history in EDA sales, starting with Calma in 1978. Most recently, he was the VP of Sales at Cadence covering the Company's all European Global Accounts. Prior to that he was Cadence's VP of Sales for Japan. Prior to Cadence, Mr. Geiss held senior sales management positions with several start-ups and larger EDA companies, including Arcsys (Avanti), NeoCAD, Daisy, Cadnetix, Spectragraphics and Calma.

Mr. Geiss has three engineering degrees, specializing in Electrical Engineering, Computer Science, and Material Science.

Mr. Faris has contributed in a wide variety of senior roles in EDA, specializing in Verification and Synthesis for more than a decade. Most recently, Mr. Faris managed the most productive channel within Mentor Graphics for FPGA Synthesis Solutions. Prior to that, he held senior and executive roles at IKOS Systems, including VP of Information Technology, Senior Director of Services, and Senior Director of Marketing. Mr. Faris received his BSEE from Northwestern University and his Masters in Computer Architecture from University of Southern California.

About Real Intent

Real Intent is the leading provider of assertion-based verification (ABV) solutions, and is extending breakthrough formal technology to critical problems encountered by design and verification teams worldwide. Real Intent’s products dramatically improve the functional verification efficiency of leading edge application-specific integrated circuit (ASIC), system-on-chip (SOC), and Field Programmable Gate Array (FPGA) devices. Over 30 major electronics design houses, including Sun Microsystems, ATI, Agilent Technologies, nVidia, and NEC Electronics, rely on the Verix solution. Founded in 1999, Real Intent is a privately-held Electronic Design Automation company headquartered in Santa Clara, CA. For further information, visit www.realintent.com.

Real Intent, Inc.
505 North Mathilda Avenue, Suite 210
Sunnyvale, CA 94085
tel: (408) 830-0700
fax: (408) 737-1962
email: info@realintent.com
web: www.realintent.com
Marketing Director
Rich Faris
(408) 830-0700 x212
rich@realintent.com
Georgia Marszalek
Valley PR
(650) 345-7477
Georgia@valleypr.com
Real Intent and Verix are trademarks of Real Intent, Inc. All other tradenames and trademarks are the property of their respective owners.