Jim McGillivary Quotations

We worked very closely with major foundries in Taiwan and the U.S. to identify their most important, next-generation modeling requirements. These customers told us that process characterization is on the critical path to their success. Today's announcement emphasizes our significant and ongoing investment in device modeling. And what's really exciting is that these customers are responding by standardizing on our flow.

We feel confident in our strategy because we have had proven success by embedding our planar EM tool -- Momentum -- into the ADS flow. This has been a clear advantage for our customers, and we believe the same market success will be duplicated with this full 3D technology.

Today, many circuit simulation users are required to invest significant portions of their budgets for 3D EM tools that aren't part of their design flow. At the same time, our installed base of customers is asking us to invest in a 3D EM simulator that is tightly integrated within their current circuit simulation design flow, which is exactly what we have decided to do. I believe that we can offer our customers powerful technology at a price that completely redefines this market.