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 Sequence's Vic Kulkarni Speaks on R&D Outsourcing at India's NASSCOM Leadership Forum Feb. 10

SANTA CLARA, Calif. - Feb. 1, 2005 - Sequence Design CEO Vic Kulkarni will join a distinguished panel discussing the growing trend of outsourcing R&D to India at the NASSCOM Leadership Forum on Thursday, Feb. 10, 4 p.m., in Bombay.

Leading the panel is Broadview's managing director of technology investment banking, Bruce Huber, joined by Kulkarni; Anant Kopar, president of MphasiS Technologies; Ness Technologies' vice president Shai Onn; and Ajay Chamania, vice president product engineering services, Patni Computer Systems.

Since 1990, NASSCOM's annual India Leadership Forum has been the most prestigious and successful hi-tech conference in India. In 2004, NASSCOM's conference reinvented itself to become the first hi-tech conference to go beyond technology. Leading thinkers, analysts, bankers, politicians, and political figures from the United States, Europe, and throughout Asia spoke about the effects of high-tech growth on the global economy.

"With our worldwide R&D and field application operations we believe in going where the talent and customers are. India has impeccable engineering talent and favorable policies for doing business," Kulkarni said. "As our markets expand throughout India and Asia, India clearly becomes our preferred destination."

Sequence has invested more than Rs. 23 Crores (more than $5 million U.S.) in its India-based R&D operations the past five years. Currently, Sequence enjoys a growing customer base of multinational semiconductor companies in India, particularly in Bangalore's technology-rich environment. Kulkarni said he expects to double Sequence India's strength in 2005, and announced the company will open a "Center of Excellence" in Noida's new Logix Techno Park, focused on engineering, marketing, and support for the company's growing customer base in Japan and southeast Asia.

For a business appointment with Vic Kulkarni while he is in India, interested parties may contact Sequence India care of Gautami Bhattacherjee at gbhatta@sequencedesign.com.

About NASSCOM

NASSCOM is India's National Association of Software and Service Companies, the premier trade body and the chamber of commerce of the IT software and services industry in India. NASSCOM is a truly global trade body with around 850 members, of which nearly 150 are global companies from the US, UK, EU, Japan and China. NASSCOM's member companies currently account for over 95 percent of the revenues of the software industry in India. For more information: www.nasscom.org.

About Sequence

Sequence Design, Inc. enables system-on-chip designers to bring higher-performance and power-aware nanometer integrated circuits quickly to fabrication. Sequence's power and signal- integrity software give its more than 125 customers the competitive advantage necessary to excel in aggressive technology markets, despite demanding complexity and time-to-market issues of nanometer design.

Sequence has worldwide development and field service operations. The company was recently named by Reed Electronics as one of the top 10 companies to watch in the electronics industry. Sequence is privately held. Sequence is a member of Cadence Design Systems' Connections(TM) and Mentor Graphics' Open Door(TM) partnership programs. Additional information is available at http://www.sequencedesign.com.

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