Value-added Software Services Company Meets Highly Challenging Development Requirements for EDA Leader

Foster City, CA. — November 21, 2005, Augmentum, Inc., a leading provider of value-added software services in China, the US, and India, announced today that they have successfully provided development services to Cadence Design Systems, Inc.

"EDA software product development is extremely challenging because of the highly specialized domain knowledge and technology it encompasses," said Dr. William Kao, Ph.D., engineering group director at Cadence Design Systems. "It takes years to gain the necessary experience. Assembling and ramping up a team to reach desired productivity levels is especially difficult in China, which is still working on extending its pool of experienced EDA developers. Augmentum did very well and exceeded the majority of my expectations."

Augmentum, Inc. has 450 developers at its facility in the Pudong Software Park, Shanghai, as well as a facility in Bangalore, India and one in Foster City, California. The company hires from top universities across the world and supplies value-added software development, QA, and solutions implementation services to the world's leading software and systems companies. EDA is one of Augmentum's industry focus areas.

"Our delivery for Cadence Design Systems is another proof point for the Augmentation Model™, and for our capacity to ramp teams up quickly to near-equivalent productivity," said Frank Yu, president and COO of Augmentum. "Cadence and Augmentum succeeded in one of the most challenging situations for distributed development. Our team in China augmented Cadence's existing highly experienced team. The critical issue was transferring complex EDA domain expertise quickly and completely to the Augmentation Team™."

About Augmentum
Augmentum offers value-added software development services to its customers worldwide. We augment our clients' teams as their extension, utilizing leading edge development tools and technologies, as well as proven processes, to create commercial-quality software. Our management has decades of collective experience outsourcing commercial software and solutions. Augmentum, Inc. is headquartered in Shanghai, China and Foster City, California. We have grown to over 450 people worldwide in two years since our founding, and won the Red Herring Asia Top 100 award in 2005. For more information, please visit www.augmentum.com or call (650) 578-9221.