CoWare Welcomes Scott Kleinberg as Company's New CFO

SAN JOSE, Calif.--January 18, 2007--CoWare, Inc., the leading supplier of platform-driven electronic system-level (ESL) design software and services, announced that Scott Kleinberg has been selected as the company's new CFO. Kleinberg is responsible for accounting and financial management for CoWare worldwide and reports to CoWare president and CEO, Alan Naumann.

"We are very pleased to have been able to attract a CFO of Scott's caliber," said Naumann. "Scott has more than 17 years of financial management experience with privately-held and publicly-traded technology companies at all stages of growth. I look forward to Scott's financial guidance as CoWare continues to define ESL and cement its leadership in that space."

"I know that my financial experience with technology companies and in public accounting will serve me in good stead at CoWare," said Kleinberg. "My focus most recently has been on successfully developing and growing the finance and operations segments of the businesses I have served. I will continue with that focus at CoWare."

About Scott Kleinberg
Scott Kleinberg joined CoWare having held executive positions most recently with Monta Vista Software, Lutris Technologies, and Live Picture. All of those companies were enterprise software companies. Prior to his time at those companies, Kleinberg held financial management positions with a semiconductor start-up and at Electronics for Imaging, a publicly-traded company. He also spent seven years in the high technology audit practice of KPMG Peat Marwick in San Jose, and played a key role in several client IPOs, including those of Oak Technology and Global Village Communication. Kleinberg is a member of the American Institute of Certified Public Accountants and an elected board member of the Campbell Union School District. He holds a B.A. in Economics and Political Science from Westmont College and an M.B.A. from Santa Clara University�s Leavey School of Business.

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 http://www.coware.com.