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News Release from: Calypto Design Systems
Edited by the Electronicstalk Editorial Team on 18 January 2005

Sanie and Lapides round out management team

Calypto Design Systems has hired two more key executives to round out its talented management team.

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Calypto Design Systems has hired key executives to round out its talented management team. The company has attracted senior management talent in industry veterans Michael Sanie who will serve as Vice President of Marketing and Business Development, and Larry Lapides who will serve as Vice President of Sales. The two join CEO Devadas Varma, Vice President of Engineering Gagan Hasteer, and Chief Architect Anmol Mathur to round out an experienced team.

'The original Calypto team contains some of the most talented technologists that weve seen in the industry', stated George Pavlov, General Partner of Tallwood Venture Capital and Chairman of the Calypto Board of Directors.

'Michael and Larry's successful track records in marketing and sales provide a strong complement as we begin the broadscale deployment of our system-to-RTL solutions'.

Calypto's original executive team consisted of a group of strong technologists who have successfully initiated and led successful product development and introductions.

CEO Devadas Varma, a former Cadence Fellow, has previously held CTO and senior engineering positions at Ambit, Viewlogic and Mentor Graphics.

Gagan Hasteer, Calypto Vice President of Engineering, most recently served as Director of Engineering for Innologic System prior to the company's acquisition by Synopsys.

Finally, Anmol Mathur, Calypto Chief Architect, was the architect of the Cadence datapath synthesis engine and served on an award-winning tools development team at the MIPS division of SGI.

The team was joined in 2004 by Michael Sanie, Vice President of Marketing and Business Development, who previously was group director of industry initiatives at Cadence and Director of Marketing and Business Development for IC design at Numerical Technologies.

He has also held marketing and technical positions at Actel, Compass Design Automation and VLSI Technologies.

Larry Lapides, Vice President of Sales, joins Calypto from Verisity where he served as Vice President of Worldwide Sales, building the company's pre-IPO sales channel and driving its post-IPO revenue growth.

Prior to Verisity, he built sales teams for Surefire Verification and Exemplar Logic.

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