Santa Clara, CA--July 22, 1996--High Level Design Systems Inc. (Santa Clara, CA) and OEA International Inc. announced an original equipment manufacturer (OEM) agreement aimed at enabling IC and ASIC designers to more quickly solve large design problems while retaining full accuracy. The agreement combines OEA's 2D field solver technology with HLDS' deep-submicron RC-extraction tool, called HyperExtract.
Under the terms of the agreement, HLDS will integrate and distribute OEA's core METAL 2D capacitance field solver through its worldwide direct sales channel. The field solver technology will be integrated with HLDS' HyperExtract deep-submicron RC-extraction system, creating an RC-extraction solution that addresses the needs of deep-submicron designers. The companies estimate that using the combined tools will reduce the time spent by process engineers to simulate and write rules for extractors from more than a month to just a few hours.
In the full OEA product offering, the METAL interconnect-simulator package is used to understand, analyze and optimize interconnect delay and crosstalk, and their effects in IC, PCB, hybrid, multichip module, and package modeling applications. METAL includes a full" range of Laplace/Poisson field solvers to calculate capacitance, resistance, and inductance matrices of interconnect structures including buses, vias, crossovers, and IC cell parasitics. A fully-3D graphical viewer displays the input structures and also contour, perspective, or field mapping plots of variables in the solutions. METAL generates matrix output and fully-coupled RCLK Spice sub-circuit decks for the defined structures. An optional GDSII, CIF, and DXF Interface is offered to make layout to model generation a push-button process.
High Level Design Systems
3945 Freedom Circle, Fourth Floor
Santa Clara, CA 95054
Fax: (408) 748-3499
Return to Headlines
Westborough, MA--July 24, 1996--Electronic Designs Inc. (EDI; Westborough, MA) reported revenues for the third quarter of fiscal 1996, which ended June 30, 1996, of $16.1 million, compared with $0.4 million in the third quarter of the prior year. Results in fiscal 1995 do not include Electronic Designs, then a privately held Massachusetts corporation (EDI-MA), which was acquired on October 10, 1995. On a pro forma basis, revenues for the third quarter of fiscal 1996 increased 47 percent from $11.0 million for the same period in fiscal 1995.
Net income for the third quarter increased to $1.3 million, or 15 cents per share, from a net loss of $0.9 million, or 28 cents per share, for the comparable period in fiscal 1995. Weighted average shares for the three months ended June 30, 1996, were 9.9 million, compared with 3.2 million in the comparable period. The increase in shares is primarily attributed to the financing of the Company's acquisition of EDI-MA and the inclusion of approximately 2.8 million warrants and options, including warrants for the purchase of approximately 1.3 million common shares at higher than current market prices.
For the nine months ended June 30, 1996, EDI reported revenues of $45.2 million, compared with $1.2 million for the same period in fiscal 1995. Pro forma revenues increased 70 percent to $45.8 million, from $27.0 million for the first nine months of fiscal 1995. After non- recurring merger-related charges of $1.7 million incurred in the first quarter of fiscal 1996, net income was $1.5 million, or 24 cents per share, for the first nine months of fiscal 1996, compared with a net operating loss of $2.8 million, or 88 cents per share, for the same period in the prior year.
The company's results of operations for the first nine months of fiscal 1996 include the combined operations of the company and EDI-MA from October 10, 1995, the day EDI-MA was acquired in a transaction accounted for under the purchase method.
Return to Headlines