"Avant is a leader in providing IP and EDA solutions to the Taiwan semiconductor community," said James T. Healy, CEO of LogicVision. "Avant is expected to drive the adoption of LogicVision's tools in the rapidly growing Taiwan semiconductor market, enabling companies to realize significant competitive advantage through the adoption of LogicVision's test solutions."
"The addition of LogicVision solutions to our IP and EDA offerings will enable us to provide a broader set of solutions and services to our customers," said Yao-Chang Chang, General Manager of Avant Technology. "We are excited to add LogicVision's unique test solution to our portfolio of products to help Taiwan semiconductor companies address the increasing challenges of designing and testing complex semiconductor SoCs."
Under the terms of the agreement, Avant will be able to sell the complete line of LogicVision test solutions to the Taiwan semiconductor design community.
About Avant
Avant Technology Inc., a leading professional IP & EDA distributor, was established in 1990 in Hsinchu, Taiwan. Avant distributes leading edge products from LogicVision, Novelics, Agility, ChipVision, AerieLogic, TransEDA, Artwork, HDL Works, and Saratoga Data. Avant Technology Inc. is headquartered at 5F-1, No. 83, Sec. 2, Gongdaowu Rd., Hsinchu, Taiwan 30070. For more information, please visit www.avant.com.tw.
About LogicVision, Inc.
LogicVision (NASDAQ: LGVN) provides proprietary technologies for achieving highest quality silicon manufacturing test while reducing test costs for complex Systems-on-Chip. LogicVision's Dragonfly Test Platform(TM) enables integrated circuit designers to embed test functionality into a semiconductor design that is used during semiconductor production test and throughout the useful life of the chip. Dragonfly Test Platform, with ETCreate(TM), Silicon Insight(TM) and Yield Insight(TM) product families, improves profit margins by reducing device field returns and test costs, accelerating silicon bring-up times and shortening both time-to-market and time-to-yield. For more information on the company and its products, please visit the LogicVision website at www.logicvision.com
FORWARD LOOKING STATEMENTS
Except for the historical information contained herein, the matters set forth in this press release, including statements as to the Company's outlook, interest for the Company's products, and successes in adoption of the Company's solutions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including, but not limited to, the possibility that orders could be modified or cancelled, existing customer orders may not be renewed, the ability of the Company to negotiate and sign customer agreements and obtain purchase orders, trends in capital spending in the semiconductor industry, the timing and nature of customer orders, whether customers accept the Company's new and existing products, the impact of competitive products and alternative technological advances, and other risks detailed in LogicVision's Annual Report on Form 10-K for the year ended December 31, 2007, LogicVision's Quarterly Report on Form 10-Q for the quarter ended September 30, 2007 and from time to time in LogicVision's SEC reports. These forward-looking statements speak only as of the date hereof. LogicVision disclaims any obligation to update these forward-looking statements.
Web site:
http://www.logicvision.com/
http://www.avant.com.tw/
