CELOXICA IN TECH TRACK 100 DOUBLE

A 99.43% increase in sales over 2000-2002 won Celoxica Limited a place in the Sunday Times ARM Tech Track 100 for the second year running. Celoxica ranked 36 in this closely-watched ranking of fast-growing UK technology firms

"Focusing on strategic customers and our core competency of increasing system design productivity has allowed us to register spectacular sales growth in every region" commented Phil Bishop, Chief Executive Officer of Celoxica Limited. "Our strategy is to be the world leader in Electronic Design Automation products and services that allow customers to implement and accelerate complex software algorithms into semiconductor platforms. We call our implementation methodology Software-Compiled System Design, and as demonstrated by our sales growth, customers are seeing substantial benefits in their system design activities."

With $30 million in funding behind it and a new management team led by Bishop, Celoxica has achieved a compound annual growth rate of 99% between 2000 and 2002.

Now in its third year, The Sunday Times ARM Tech Track 100 annual league table ranks UK technology companies by growth, using the London Stock Exchanges techMARK definition of a technology company, and looking at firms registered in the UK as unquoted ultimate holding companies.

About Celoxica
An innovator in system-level electronic design automation (EDA), Celoxica is the technology leader in Software-Compiled System Design, a process that accelerates design productivity by using high-level languages to directly drive design verification and implementation of hardware and software through a platform-based design methodology. By providing a proven route to hardware design using software techniques, Celoxicas solutions redefine hardware and software partitioning to enable the use of reprogrammable logic devices in the development of electronics and reconfigurable systems. For more information, visit: http://www.celoxica.com.

Celoxica and the Celoxica logo are the trademarks of Celoxica Ltd.
Any other trademarks mentioned herein are the property of their respective owners.

Note to Editors:
For reader enquiries please contact: Jeff Jussel, Vice President of Marketing, Celoxica Limited, 20 Park Gate, Milton Park, Abingdon, Oxfordshire, OX14 4SH, United Kingdom, telephone +44 (0) 1235 863656, fax +44 (0) 1235 863648.

For more information about Celoxica, visit www.celoxica.com. For sales enquiries contact: Americas – sales.americas@celoxica.com; APAC – sales.apac@celoxica.com; Europe, Middle East, Africa – emeasales@celoxica.com.

For more information, contact:
Jeff Jussel, Celoxica Limited, +44 (0) 1235 863656, jeff.jussel@celoxica.com

Allan Edwards, Neesham Public Relations, +44 (0) 1442 879222, allane@neesham.co.uk