According to Gartner, Synplicity's share of the FPGA synthesis market has grown from 45 percent in 2000 to 67 percent in 2004. Synplicity attributes this rapid growth to its emphasis on product innovation, quality of results, close relationships with the silicon vendors, its focus on customer satisfaction, and its direct worldwide sales and application engineering teams.
"With today's FPGAs rapidly increasing in size and complexity, a premium is placed on advanced tools that enable design teams to quickly deliver outstanding results," said Gary Meyers, president and CEO of Synplicity. "Through our long-standing and close partnerships with the silicon vendors, we provide our customers with leading-edge design solutions. This, combined with our consistent delivery of innovative solutions that accelerate our customers' time to market and our investment in a worldwide direct channel that understands the challenges our customers face, allows us to establish and maintain our dominant position in the FPGA synthesis market. Moving forward, we expect the overall FPGA market to continue to grow and believe we are well positioned to meet the increased demand for tools that enable designers to meet their cost, time-to-market and performance goals."
Dataquest's annual market share and forecast report titled, "Market Trends: Electronic Design Automation, Worldwide, 2005,"(1) was compiled using a variety of data sources including Gartner's research, EDA vendor-submitted responses and detailed end-user surveys. Synplicity's leadership position was based on 2004 license and maintenance revenues for Synplicity's FPGA synthesis products including Synplify(R), Synplify Pro(R) and Amplify(R) FPGA synthesis solutions.
About Synplicity's FPGA Synthesis Solutions
Synplicity's FPGA synthesis solutions help programmable logic designers rapidly achieve aggressive performance objectives. The software takes designs written in VHDL or Verilog as input, and compiles, optimizes and maps them into efficient, high-performance netlists for all leading CPLD and FPGA devices. Synplicity's family of FPGA synthesis solutions includes the Synplify software, Synplify Pro logic synthesis software and the Synplify Premier physical synthesis software. The Synplify Pro software is the industry's most widely used FPGA synthesis solution, utilizing a true timing-driven approach to synthesis. The software delivers the performance needed to meet a design's timing requirements and then optimizes the circuit for area, saving significantly on chip cost. The Synplify Premier solution builds upon Synplicity's industry-leading synthesis technology and adds new graph-based physical synthesis and real-time, simulator-like visibility into operating FPGA devices. Graph-based physical synthesis provides rapid timing closure and a 5-20 percent timing improvement.
Synplicity(R), Inc. (Nasdaq: SYNP) is a leading supplier of innovative software solutions that enable the rapid and effective design of complex, high-performance semiconductors. Synplicity's tools provide outstanding performance, cost and time-to-market benefits by simplifying, improving and automating key design planning, logic synthesis, physical synthesis and verification functions for FPGA, DSP, ASIC prototyping, structured/platform ASIC and cell-based ASIC designers. Synplicity is the first company to deliver customized physical synthesis, analysis and floorplanning solutions for today's leading structured/platform ASICs. In addition, the company is the number one supplier of FPGA synthesis solutions and has been rated #1 in customer satisfaction in 2004 and 2005 in EE Times' Annual FPGA Customer Survey. Synplicity's products support industry-standard design languages (VHDL and Verilog) and run on popular platforms. The company employs over 300 people in over 20 facilities worldwide and is headquartered in Sunnyvale, California. For more information visit http://www.synplicity.com.
This press release contains forward-looking statements regarding the continued growth of the FPGA synthesis market, our market share and the positioning of our products. These statements relate to future events and involve known and unknown risks, uncertainties and other factors that may cause Synplicity's actual financial results, levels of activity, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. In some cases, you will be able to identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue" or the negative of these terms or other comparable terminology. Forward-looking statements are only predictions and the actual events or results may differ materially. Synplicity cannot provide any assurance that its future results will meet expectations. Synplicity's future results could differ materially due to a number of factors, including Synplicity's continued progress in establishing strategic relationships with third parties to support its FPGA products, continued acceptance of and demand for Synplicity's existing FPGA products and the changing technical requirements in the FPGA market. For additional information and considerations regarding the risks faced by Synplicity, see its annual report on Form 10-K for the year ended December 31, 2004 as filed with the Securities and Exchange Commission, as well as other periodic reports filed with the SEC from time to time including its quarterly reports on Form 10-Q. Although Synplicity believes that the expectations reflected in the forward-looking statements are reasonable, Synplicity cannot guarantee future results, levels of activity, performance or achievements. In addition, neither Synplicity nor any other person assumes responsibility for the accuracy and completeness of these forward-looking statements. Synplicity disclaims any obligation to update information contained in any forward-looking statement.
(1) "Market Trends: Electronic Design Automation, Worldwide, 2005." Published December 5, 2005. Authors Gary Smith, Daya Nadamuni, Laurie Balch and Nancy Wu. 2005 Gartner Inc. and/or its Affiliates. All Rights Reserved
Synplicity, Amplify, Synplify and Synplify Pro are registered trademarks of Synplicity, Inc. All other brands or products are the trademarks or registered trademarks of their owners.
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