Sequence Names Robert Sheffield VP Finance; EDA Veteran Strengthens Exec Team

SANTA CLARA, Calif.—(BUSINESS WIRE)—June 10, 2005— Chip-design software company Sequence Design has named Robert "RAS" Sheffield its vice president of finance and administration. Sheffield has more than 30 years of executive-level finance experience with public and private companies.

Sheffield helped lead the successful IPO of Magma Design Automation as that company's CFO in 2001. He has been CFO of seven Silicon Valley companies, including several well-known, high-tech companies, such as Time-Warner Interactive, Faroudja, Asante Technologies, and Televideo Systems.

"RAS's addition is an important step in our evolution," said Vic Kulkarni, Sequence president and CEO. "As we continue to grow, it is vital that we maintain sound financials that allow us to develop products, retain key people, serve our customers, and build wealth for investors. RAS is the ideal man to help us accomplish all of these goals and more, and I welcome him to the Sequence family."

"Being the unquestioned technology leader in power-aware design puts Sequence in the front ranks of EDA," Sheffield said. "The company is uniquely positioned to have a lasting impact on design, and I look forward to working with Vic as they expand their impact in this important industry."

Sheffield holds a bachelor's degree in finance from Cal State, Northridge, and an MBA from the University of Utah.

Sequence at DAC 2005

In its booth # 301 at DAC 2005, Sequence will showcase its products in a system-level to signoff flow wherein power analysis and optimization are seamlessly integrated at each stage in the user's existing design and implementation flow. To register online for Sequence demos: www.sequencedesign.com/dac-2005/demos.html. To be added to the list for future DAC announcements from Sequence, interested parties may contact: cpuri@sequencedesign.com.

About Sequence

Sequence Design, Inc. enables system-on-chip designers to bring higher-performance and power-aware nanometer integrated circuits quickly to fabrication. Sequence's power and signal-integrity software give its more than 125 customers the competitive advantage necessary to excel in aggressive technology markets, despite demanding complexity and time-to-market issues of nanometer design.

Sequence has worldwide development and field service operations. The company was recently named by Reed Electronics as one of the top 10 companies to watch in the electronics industry. Sequence is privately held. Sequence is a member of the ARM/Artisan Connected Community(TM), Cadence Design Systems' Connections(TM), Mentor Graphics' Open Door(TM), and Virage Logic VIP(TM) partnership programs. Additional information is available at sequencedesign.com.

All trademarks mentioned herein are the property of their respective owners.



Contact:
Sequence Public Relations
Jim Lochmiller, 541-821-3438

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