DesignAdvance Announces VP Sales, Seasoned Exec Howard Coltin Joins to Promote Faster PCB Component Placement

PITTSBURGH, PA -- (MARKET WIRE) -- Jun 27, 2005 -- DesignAdvance™ Systems, Inc., an electronic design automation (EDA) and computer aided design (CAD) design-synthesis software developer, announced today that Howard Coltin has joined as Vice President of Sales. Mr. Coltin is a veteran of the design automation industry, having over 17 years of sales and management experience with EDA and CAD companies.

"We are pleased to have an executive of Howard's caliber join the company," added Randy Eager, CEO and co-founder of DesignAdvance. "He is an ideal addition to our leadership team and his extensive EDA and global sales experience will play an important role in putting us on the fast track to improving PCB design worldwide."

Mr. Coltin noted about his new position, "I joined DesignAdvance because I believe the company's CircuitSpace software represents a quantum leap forward in PCB design automation. CircuitSpace's intelligent and interactive component placement technology will have a dramatic impact on the PCB design process. We are poised for success and I am excited about being part of the team."

Most recently Mr. Coltin served as Vice President of Sales for VeSys Ltd., a United Kingdom-based EDA software developer (now part of Mentor Graphics Corp.). Mr. Coltin also co-founded Linius Technologies, Inc. (now part of Autodesk, Inc.) where he began as Vice President of Sales and Marketing, and later took on the role of President and CEO. Mr. Coltin received a Bachelor of Science in Electrical and Computer Engineering from Northeastern University, Boston, MA.

About CircuitSpace

CircuitSpace brings user-assisted automation to the current manual process of PCB component placement, reduces design time and helps bring products to market sooner at reduced costs. With CircuitSpace, designers can specify or import constraints such as Design Rule Checks (DRCs) and Electrical Rule Checks (ERCs). Patented algorithms then process the data, solving an optimization problem that results in components placed according to the constraints.

About DesignAdvance Systems, Inc.

DesignAdvance Systems, Inc. develops automated EDA and CAD design-synthesis software tools that reduce the amount of time it takes to design electrical and mechanical products.

The company is headquartered at 311 South Craig Street, Suite 303, Pittsburgh, PA 15213, Tel: 412 682 0200. For more info, please visit or email Email Contact.

Notes: Howard Coltin can be reached at Email Contact.

CircuitSpace and DesignAdvance are trademarks of DesignAdvance. All other trademarks and registered trademarks in this document are the properties of their respective owners.

Press Contact:
Georgia Marszalek
ValleyPR for DesignAdvance
650 345 7477

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