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Red Herring 100 Finalist
Berkeley Design Automation Selected as a Finalist for the "Red Herring 100 North America" Awards

The most promising technology ventures will be introduced at the Red Herring Spring 2006 CEO Summit


SANTA CLARA, Calif. — [April 5, 2006] — Red Herring announced that Berkeley Design Automation has been selected as one of the top 200 contenders for its annual "Red Herring 100 North America" list. Well over 1,000 privately held technology companies submitted to this year’s edition of the prestigious award, giving evidence to the invigorated innovative and entrepreneurial strength of the technology ecosystem. As one of the finalists, Ravi Subramanian, CEO of Berkeley Design Automation, will join the exclusive Red Herring Spring 2006 CEO summit, May 23-25 in Monterey, California, where the technology industry’s most-innovative CEOs, venture financiers, and corporate strategists will gather to meet this next wave of disruptive companies.

High-quality companies
"We can see the resurgence of the tech sector reflected in the quantity and variety of excellent companies that we had to chose from in putting our list together,” said Joel Dreyfuss, Editor-in-Chief of Red Herring. “It was difficult to choose the 200 finalists and we are very happy with the stellar quality of the companies on this short-list."

Berkeley Design Automation is an innovative electronic design automation (EDA) company focused on the challenges that come with the increasing analog/radio frequency (RF) content of today’s semiconductor products for consumer and networking applications. The company is delivering breakthrough technology to dramatically improve the design and verification of analog, RF, and mixed-signal integrated circuits (ICs). The company’s first product has been adopted by more than ten of the world’s leading semiconductor companies.

“We are extremely proud to be selected as a finalist for this prestigious award”, said Ravi Subramanian, president and CEO of Berkeley Design Automation. “This is recognition of our team’s success to date in delivering innovative solutions for our customers’ toughest analog/RF IC design and verification problems.”

More than just buzz
The “Red Herring 100 North America” award is an important part of Red Herring’s tradition of recognizing new and innovative technology firms and their entrepreneurial founders. Berkeley Design Automation and the other nominees were rigidly evaluated on both quantitative and qualitative criteria such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their ecosystem. This unique assessment of potential complemented by a review of the actual track record and standing of a company allows Red Herring to see past the “buzz” and make the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.

Bringing together the best
As part of this tradition to honor innovation and entrepreneurship in the business of technology, Red Herring will again host “Red Herring Spring,” a two day invitation-only summit for the CEOs and founders of the Red Herring 100 winners and finalists in Monterey, California. The summit's C-level attendees will convene under the theme “The Pursuit of Disruption” to discuss major trends and opportunities and to explore partnerships, alliances, investments, and M&A activities. Further information regarding the event and how to register is available at http://www.herringevents.com/rhspring06.

About Berkeley Design Automation
Berkeley Design Automation Inc. was founded in 2003 to address the verification challenges in the design of next-generation high-performance analog/RF integrated circuits (ICs). Berkeley Design Automation is a venture-backed, private company funded by Woodside Fund and Bessemer Venture Partners. The company’s technology characterizes the nonlinear, time-varying behavior of complex analog and RF circuits, providing extremely accurate predictions that dramatically reduce the need for silicon re-spins. The company’s first product, PLL Noise Analyzer, the industry's only noise analysis tool for phase-locked loops (PLLs), has been adopted by semiconductor industry leaders. For more information, see http://www.berkeley-da.com.

About Red Herring
Red Herring is a sophisticated insider’s guide to the business of technology, featuring unparalleled insights on the emerging technologies driving the economy, from the Internet to wireless communications and digital entertainment. Red Herring reports on how innovation and entrepreneurship are transforming business and how the business of technology is transforming the world, providing readers with a deep understanding of venture capital and capital markets. Recognized as an essential resource in today’s fast-changing business world, Red Herring gets the right answers before anyone else even thinks to ask the questions. More information on Red Herring is available on the Internet at www.redherring.com.

PLL Noise Analyzer and Stochastic Nonlinear Engine are trademarks of Berkeley Design Automation, Inc.
Berkeley Design is a registered trademark of Berkeley Design Automation, Inc.


Editorial Contact:
PR for Berkeley Design Automation – Cayenne Communication LLC
Michelle Clancy, 252-940-0981, michelle.clancy@cayennecom.com


 
           
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