Synplicity Announces Fourth Quarter 2007 and Full Year Results

                           SYNPLICITY, INC.
             CONDENSED CONSOLIDATED STATEMENTS OF INCOME
                (in thousands, except per share data)
                             (unaudited)

                                      Three Months     Twelve Months
                                           Ended            Ended
                                       December 31,     December 31,
                                     ---------------- ----------------
                                       2007     2006    2007     2006
                                     -------- ------- -------- -------
Revenue:
License and systems                  $ 8,966  $ 5,349 $26,148  $17,867
Maintenance                            7,417    6,871  27,994   27,192
Bundled license and services           3,690    4,197  17,024   17,484
                                     -------- ------- -------- -------
        Total revenue                 20,073   16,417  71,166   62,543
Cost of revenue:(2)
Cost of license and systems            1,229       38   2,672      153
Cost of maintenance                      450      362   1,695    1,641
Cost of bundled license and services      75      163     364      457
Amortization of intangible assets        581      248   1,847      916
                                     -------- ------- -------- -------
        Total cost of revenue          2,335      811   6,578    3,167
                                     -------- ------- -------- -------
Gross profit                          17,738   15,606  64,588   59,376
Operating expenses:(2)
Research and development               6,536    5,266  24,797   23,386
Sales and marketing                    7,781    6,818  27,638   25,412
General and administrative             2,183    2,142   8,642    8,073
Amortization of intangible assets
 from acquisition                        298        -     669        -
Restructuring charge                       -        -       -      854
                                     -------- ------- -------- -------
         Total operating expenses     16,798   14,226  61,746   57,725
                                     -------- ------- -------- -------
Income from operations                   940    1,380   2,842    1,651
Other income, net                        392      810   2,417    2,728
                                     -------- ------- -------- -------
Income before income taxes             1,332    2,190   5,259    4,379
Income tax provision (benefit)        (9,014)     596  (7,833)   1,204
                                     -------- ------- -------- -------
         Net income                  $10,346  $ 1,594 $13,092  $ 3,175
                                     ======== ======= ======== =======
Net income per share:
Basic and diluted net income per
 share                               $  0.39  $  0.06 $  0.49  $  0.12
                                     ======== ======= ======== =======
Shares used in basic per share
 calculation                          26,493   26,851  26,684   26,902
                                                                          ========  =======  ========  =======
Diluted  net  income  per  share                  $    0.38    $    0.06  $    0.47    $    0.11
                                                                          ========  =======  ========  =======
Shares  used  in  diluted  per  share
  calculation                                                    27,319      27,839    27,607      27,793
                                                                          ========  =======  ========  =======
(2)  Amortization  of  stock-based  compensation  expense  relates  to  the
  following:
 


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