Nassda Expands Executive Staff
09 Septiembre 2004 - 5:49PM
PR Newswire (US)
Nassda Expands Executive Staff New Appointments for Major Accounts,
North American and European Sales Operations SANTA CLARA, Calif.,
Sept. 9 /PRNewswire-FirstCall/ -- Nassda Corporation (NASDAQ:NSDA)
today announced major appointments to its executive ranks to
support greater product adoption and growth in its worldwide
customer base. Dermott Lynch has been promoted to vice president,
U.S. sales, and Susanne Hampe has been hired as the European
general manager. In these new positions, both Lynch and Hampe
report to Nassda CEO, Sang Wang. John Yelinek, who has been
responsible for building Nassda's sales and support team since
joining the company in January 2000, has been appointed to the new
role of vice president of major accounts from his previous role as
vice president for world-wide sales. Yelinek will continue to focus
on expanding business with Nassda's largest and most important
customers who require its advanced nanometer verification and
analysis technology. Sang Wang, CEO, stated, "Our customers,
including 25 out of the top 25 world-wide semiconductor companies,
have been adopting Nassda tools and require greater support. We are
dedicating executive resources to oversee each region's sales and
support operations, including major accounts." Wang continued,
"Dermott and Susanne are savvy veterans of the EDA industry with
acute knowledge of their respective regions' sales cycles, customer
expectations and sales potential. Both are highly qualified to help
bring Nassda's sales to the next level while providing world-class
support to large customers with international design sites. With
Dermott and Susanne on board in these new positions, we are
targeting to increase sales activity, user satisfaction and
customer support." About Dermott Lynch Lynch was formerly the
director of Northwest sales at Nassda. He is an 18 year veteran of
the EDA industry, and served as vice president of business
development at Sente until its merger with Sequence Design. Before
Sente, he was director of technical marketing and Western region
sales manager at Quad Design. Lynch has also held sales and
engineering positions at Ashling Microsystems, Elcor Associates and
Contec Microelectronics. Lynch will oversee domestic sales from
Nassda's corporate headquarters in Santa Clara, California. About
Susanne Hampe Based in Munich, Germany, Susanne Hampe was formerly
European sales director for Barcelona Design (Sunnyvale,
California). Ms. Hampe will be responsible for Nassda's sales
operations in the European market. Before joining Barcelona Design,
Ms. Hampe worked for Simplex Solutions as general manager for
Central Europe. After Cadence Design System's acquisition of
Simplex, she became business development manager for Europe at
Cadence. Daniel Borgraeve, who had been Nassda's European director
of operations, has resigned to pursue other business opportunities.
About Nassda Nassda Corporation is a leading provider of full-chip
circuit verification software for complex nanometer semiconductors.
Headquartered in Santa Clara, California, the company develops and
markets simulation and analysis solutions for advanced ICs,
especially for analog, mixed signal, memory, system-on-chip and
high performance digital designs. Nassda's products enable first
silicon success, and improve product quality and production yield
for its consumer, communication, computer and memory customers. The
company has sales and distribution offices throughout the world.
For more information about Nassda, please visit the company's
website at http://www.nassda.com/. Forward-Looking Statements This
press release contains forward-looking statements regarding
anticipated sales activity, future customer support and anticipated
user satisfaction. In some cases, you will be able to identify
forward-looking statements by terminology such as "believe," "may,"
"will," "can", "expect" or the negative of these terms or other
comparable terminology. Investors are cautioned that all
forward-looking statements in this release involve risks and
uncertainty, including without limitation the availability of
customer budgets for Nassda's products, the design performance of
Nassda's existing and new electronic design automation software and
other tools, customers' adoption of Nassda's products and the
integration of the new appointed executive staff with the company
and their respective staff. In addition, continued reduced capital
spending or delayed implementation of programs due to adverse
general economic conditions and reduced demand for products
containing complex nanometer-scale semiconductors may impact
Nassda's future sales activity. These risks, uncertainties and
other factors may cause Nassda's actual levels of activity or
performance to differ materially from those expressed or implied by
the forward-looking statements. Neither Nassda nor any other person
assumes responsibility for the accuracy and completeness of these
forward-looking statements. Nassda disclaims any obligation to
update information contained in any forward-looking statement. For
additional information and considerations regarding the risks faced
by Nassda, see Nassda's Annual Report on Form 10-K for the fiscal
year ended September 30, 2003 and Quarterly Report on Form 10-Q for
the quarter ended June 30, 2004, as filed with the Securities and
Exchange Commission. NOTE: Nassda is a registered trademarks of
Nassda Corporation. All other trademarks and registered trademarks
are the property of their owners. DATASOURCE: Nassda Corporation
CONTACT: Graham Bell of Nassda Corporation, +1-408-988-9988, or ;
or Gloria Nichols of Lee Public Relations, +1-650-363-0142, or ,
for Nassda Corporation Web site: http://www.nassda.com/
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