HPL Technologies, Inc. Receives Required Vote for Synopsys Acquisition

SAN JOSE, Calif., Dec. 6 /PRNewswire-FirstCall/ -- HPL Technologies, Inc. , a provider of yield-optimization software solutions for the semiconductor and flat-panel display industries, today announced that at a special meeting of its stockholders, it received the requisite stockholder vote necessary to consummate its acquisition by Synopsys, Inc. HPL expects the transaction to close on December 7, 2005.

About HPL Technologies

HPL Technologies, Inc. supplies the software, services and technology necessary for semiconductor companies to streamline their design process and optimize product yields. Integrated device manufacturers (IDMs), fabless semiconductor companies, and foundries all utilize HPL's comprehensive portfolio of silicon-proven intellectual property (IP), highly flexible data analysis platforms, factory floor systems and professional services to facilitate product development from design through manufacturing and test phases.

HPL solutions also support the flat-panel display industry, making the Company a leading supplier to the world's top 25 semiconductor and flat-panel display manufacturers.

HPL is headquartered in San Jose, California, and has design and customer support offices located throughout the United States, Europe, and Asia. More information is available at www.hpl.com.

     HPL Technologies, Inc.
     2033 Gateway Place
     San Jose, CA 95110
     T: 1 408 437 1466

Except for statements of historical fact, the statements in this news release, including statements regarding the outcome and expected completion date of the proposed transaction between HPL and Synopsys, are forward-looking statements. Such statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors and other risks inherent in our business are described in our Annual Report on Form 10-K filed with the Securities and Exchange Commission on June 29, 2005 and in subsequent Quarterly Reports on Form 10-Q. Actual results may vary materially. The Company undertakes no obligation to update the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

CONTACT: Michael Scarpelli, CFO of HPL Technologies, Inc.,
+1-408-501-9281, or Email Contact

Web site: http://www.hpl.com/

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