Gradient Design Automation Names Industry Veteran Edmund Cheng as New President and CEO

Company's Founding CEO, Rajit Chandra, Assumes Role of CTO

SANTA CLARA, CALIF. - July 12, 2006 - Gradient Design Automation, the pioneer in integrated circuits (ICs) thermal analysis and verification, announced today that it has named industry veteran Dr. Edmund K. Cheng as president and chief executive officer.

"I am proud that in the last three years, we have successfully launched a thermal analysis solution that recently won the 2005 EDN Innovation Award for verification and analysis," said Rajit Chandra, Gradient's founding CEO, who now will assume the role of CTO. "We are pleased to have someone of Ed's stature join the team. The combination of his executive and engineering experience, especially his start-up experience, will help take us to the next phase of growth and success."

"I am excited to be joining a young technology company that has very quickly and efficiently developed important new technology and become the leader in IC thermal verification," said Ed Cheng, president and CEO of Gradient. "The complexity and density of microelectronics are driving the requirements for low power and thermal management. We have a 3-D thermal analysis technology that is detailed, accurate and scalable for the latest integrated circuits, and I am looking forward to working with the Gradient team as we prepare to meet emerging requirements."

Ed came to Gradient after eight years at Synopsys, most recently as vice president of marketing for the silicon engineering group, where his responsibilities included software products for custom design and DFM. Prior to joining Synopsys, Ed was president and CEO of Anagram. In 1981, he co-founded Silicon Compilers, where he was vice president of engineering. He started his career at Intel where he held various design and management positions in the microprocessors group. Ed received his B.S.E.E. from Ohio University, and his M.S. and Ph.D. in Electrical Engineering from California Institute of Technology.

About Gradient
Gradient Design Automation provides thermal analysis solutions for the power-intensive and temperature-sensitive integrated circuits (ICs) that are used in the automotive, computer, hand-held, and networking application segments. The Gradient products integrate easily into existing IC design flows and provide a rich set of visual analysis capabilities. For the first time, designers can have visibility into the fine-grain temperature profile throughout the design process, locate temperature hotspots, and simulate their impact on the design parameters. Gradient is located in Santa Clara, California. For more information, visit www.gradient-da.com.

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Media Contact:
PR for Gradient - Cayenne Communication LLC
Linda Marchant, Email Contact,
919-451-0776



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