Nascentric Appoints Rahm Shastry as President and CEO

SAN JOSE, Calif.—(BUSINESS WIRE)—January 11, 2007— Nascentric, Inc., developer of AuSIM (pronounced awe-sim) the next-generation Fast-SPICE simulator solution, announced today the appointment of EDA veteran, Rahm Shastry as its President and Chief Executive Officer (CEO). Vess Johnson will remain with Nascentric in the role of Vice President of Applications & Consulting Services.

Previously as the President and CEO of Tharas Systems, a venture funded start-up which was recently acquired by EVE, Inc., Shastry assumes the position with a long record of EDA and entrepreneurial leadership. Experienced in both domestic and international markets, he has held a number of executive and business management positions with Cadence Design Systems, Triquest Design Automation, and Viewlogic Systems.

Based out of Nascentric's San Jose office, Shastry will be responsible for day-to-day operations of the Company including engineering, sales, finance, and administration. As the liaison to the Board of Directors, he will manage all strategic financial planning and fund raising efforts.

"Rahm comes to Nascentric with a proven track record and fresh vision for the Company," said Jim Solomon, Nascentric Board Member, founder of SDA which later became Cadence Design Systems and the 1997 Phil Kaufmann Award recipient. "Leveraging his energy as well as his many years of EDA and start-up experience he's precisely the person we need to lead the Company in its efforts to build industry awareness, establish world-wide sales channel and create long-term customer relationships."

Shastry's EDA start-up experience and familiarity with the venture funding community has had an immediate impact on Nascentric. He has recently helped to close additional financial backing from investors, which will be used to fund the expansion of its engineering, sales and support staff and further the creation and sales of the Company's state-of-the-art solutions.

About Nascentric

Nascentric is a privately held company that develops and markets a patented, next-generation Fast-SPICE simulator for analysis and functional verification of complex nanometer designs. Nascentric products allow designers to quickly simulate, analyze and verify larger and more complex circuits, improve design quality, and facilitate higher yields. The Nascentric management team brings decades of combined electrical engineering and electronic design automation experience to bear on the challenge of delivering full-chip simulation and analysis focused on eliminating silicon re-spins due to nanometer effects.

Nascentric, the Nascentric logo, and AuSIM are trademarks of Nascentric, Inc. All other Company or product names are the registered trademarks or trademarks of their respective owners. For more information call 1-512-225-8800, or visit us on the web at


Nascentric, Inc., Austin
Dennis George, 512-225-8775
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