Mentor Graphics Appoints InnoFour as Distribution Partner
Utrecht, Netherlands, June 19, 2008 – Mentor Graphics Corporation (Nasdaq: MENT) today announced newly formed InnoFour, based in Almelo, Netherlands, as its new partner for distribution sales in Belgium, Luxembourg and The Netherlands. InnoFour will offer all the Mentor main product lines including market leading brands such as the Expedition® Enterprise product, PADS® and HyperLynx® products for PCB design, the ModelSim® product for RTL verification, and the Calibre® product for IC physical verification.
Growth in demand for Electronic Design Automation (EDA) solutions in the region over the last three years has highlighted the need for a strong distribution partner for Mentor Graphics. Selection criteria for the partner were strict, emphasizing both local electronic design industry and EDA technology specific knowledge. Mentor´s leadership in this part of the European market place also demanded strong motivation from Innofour to further increase Mentor's market share.
"We selected Innofour so that our small to medium-size customers will benefit from the attention of a knowedgeable and responsive distributor who has the added advantage of being able to offer complementary products and services to best suit their customer needs", said Frank Schoonens, Managing Director, Mentor Graphics (Netherlands) B.V.
"I have personally known the founders of Innofour for many years so I am confident they will offer a seamless extension to Mentor’s existing team." "Innofour partners have deep roots in the EDA industry with over 60 man years of direct experience in this region", said Peter Bakker, one of the Innofour founders. "We will be providing a highly knowledgeable service to electronic design companies, helping them employ market leading technology solutions effectively to address their challenges."
InnoFour was founded to provide tools, technology and methodologies in the area of FPGA, IC and PCB design, with the goal to innovate, shorten the development cycle and to be more predictable. In our portfolio we offer best in class products and solutions to prevail over the design challenges which are faced by the engineers today, such as reduce time to market, increase productivity and produce more competitive products. InnoFour is based in Almelo, The Netherlands, and is a channel partner for Mentor Graphics as well as Omnify Software and DownStream Technologies. For more information please visit our website at https://www.innofour.com
About Mentor Graphics
Mentor Graphics Corporation (NASDAQ: MENT) is a world leader in electronic hardware and software design solutions, providing products, consulting services and award-winning support for the world’s most successful electronics and semiconductor companies. Established in 1981, the company reported revenues over the last 12 months of over $850 million and employs approximately 4,200 people worldwide. Corporate headquarters are located at 8005 S.W. Boeckman Road, Wilsonville, Oregon 97070- 7777. World Wide Web site: http://www.mentor.com/.