Sunnyvale, CA--May 21, 1997--Avant! Corp. (Sunnyvale, CA) announced that within the European market, it is witnessing a wide deployment of the company's products throughout a growing customer base. For the first quarter ended March 31, 1997, European bookings were a record $12.5 Million, a 5x increase over first quarter 1996 bookings. Recently the company added several accounts, including the largest semiconductor house in Germany, and has closed several deals in excess of one-half million dollars, forging new, key relationships and strengthening the company's ties with existing customers.
Avant! is also announcing the opening of a new field office in Israel to meet increased European demand for its advanced integrated circuit design automation (ICDA) software products. Based in Herzalia, Israel, the new Avant! field office will be responsible for selling and supporting Avant!'s full line of leading-edge ICDA software products to major semiconductor companies throughout the country. Paul Greenfield, Avant!'s vice president of European sales, is currently forming a team of engineers to start operations in Israel, focusing on solving the major problems confronting Israeli designers building next-generation deep submicron integrated circuits.
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