SAN JOSE, Calif., January 31, 2007 -CoWare(R), Inc., the leading supplier of platform-driven electronic system-level (ESL) design software and services, announced that its Virtual Platform Product Family has been named Best Electronic Design 2006 winner by the editors of Electronic Design magazine. CoWare's newest product family was voted best technology of the year in the EDA category.

The candidates were chosen from the hundreds of briefings and demonstrations in which Electronic Design's editors participated in 2006. The technical editor committee reviewed the key technologies covered in the magazine and online during the year and the feedback from its readers. Based on this research, the editors chose the products and solutions they felt had the greatest impact on design in 2006. Visit www.electronicdesign.com/bestof2006 for more information on the awards.

“The pace of innovation continued at an astonishing rate in 2006,” said Mark David, editor-in-chief of Electronic Design magazine. “The ‘Best Electronic Design' issue highlights some of the technologies most significant to advancing electronic design.”

“Having our Virtual Platform Product Family named Best Electronic Design 2006 winner is indeed an honor,” said Marc Serughetti, CoWare director of marketing. “This award is further recognition of the impact that our new ESL solution has had on the design community. More and more companies are adopting our solution for their software-intensive product designs

as they recognize the competitive advantage it provides them.”

About CoWare Virtual Platform Product Family

Companies producing electronic devices in the consumer, mobile and wireless, networking, and automotive markets are facing the challenge of an exponential increase in the software content of their products. CoWare's new product family addresses this challenge. Virtual platforms for software development are fast and scalable models of the system hardware, including the device hardware and the environment it evolves in. Unlike traditional software methods, virtual platforms combine execution speed, early availability, controllability, observability, and determinism with pre- and post-silicon usability. CoWare's Virtual Platform Product Family delivers tools and services for the creation, distribution, and use of virtual platforms for software development to leading semiconductor and electronic device companies worldwide. The product family is integrated with and supports the CoWare platform-driven ESL strategy. Visit www.CoWare.com for more information on the Virtual Platform Product Family and CoWare's other ESL solutions.

About CoWare

CoWare is the leading supplier of platform-driven electronic system-level (ESL) design software and services. CoWare offers a comprehensive set of ESL tools that enable electronics companies to “differentiate by design” through the creation of system IP, including embedded processors, on-chip buses, and DSP algorithms; the architecture of optimized SoC platforms; hardware/software co-design; and virtual platforms for device software development. The company's solutions are based on open industry standards including SystemC. CoWare's customers are major systems, semiconductor, and IP companies in the market where consumer electronics, computing, and communications converge. CoWare's corporate investors include ARM [(LSE: ARM); (NASDAQ: ARMHY)], Cadence Design Systems (NASDAQ: CDNS), STMicroelectronics (NYSE: STM), and Sony Corporation (NYSE: SNE). CoWare is headquartered in San Jose, Calif., and has offices around the world. For more information about CoWare and its products and services visit www.coware.com.

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