Oasys Design Systems, provider of revolutionary electronic design automation (EDA) Chip Synthesis™ software, announced today that RealTime Designer™ is a finalist in the EDA: Front-End Analysis and Synthesis Tools category for this year’s EDN Innovation Awards.

“We are honored to have RealTime Designer selected as a finalist for such a prestigious award,” says Paul van Besouw, Oasys’ president and chief executive officer. “The response from design teams has been positive as well and we are committed to meeting their needs.”

Instituted in 1990, the Innovation Awards honor the people, products and technologies that have shaped the semiconductor industry over the past year. This year’s list of finalists features 32 categories and more than 120 products that shipped in volume in the 2009 calendar year.

To qualify, Oasys demonstrated innovation that resulted in a significant advance in technology and product development with RealTime Designer during the past 12 months. RealTime Designer is the first design tool for physical register transfer level (RTL) synthesis of 100-million gate designs. It features a unique RTL code placement approach that eliminates unending design closure and iterations between synthesis and layout.

“We received an impressive number of submissions for our 2009 Innovation Awards program, indicating that innovation was alive and well despite the economically challenging year,” remarks Rick Nelson, EDN editor-in-chief. “Despite our editors’ best efforts to narrow the field, more than 120 products qualified as finalists, and our editors worked diligently to group them into 30 competitive categories, representing components, integrated circuits, test systems, EDA tools, design and test software, subsystems, and systems. Oasys’ RealTime Designer was one of the outstanding submissions our editors chose. And now, it’s up to the readers to determine which product in each category they find most compelling.”

During February and March, EDN’s worldwide audience of electronic engineers and engineering managers will use an online ballot to select the ultimate winners from among the finalists. EDN’s editorial staff also takes part in determining the final winners. Visit www.EDN.com/innovation20 to review each of the nominees. Winners will be announced at a reception and awards ceremony April 26 in San Jose, Calif.

About EDN and EDN.com

EDN serves the vital information needs of design engineers and engineering managers worldwide. EDN.com delivers a three-dimensional view of the electronic industry via news coverage, strategic business information, and in-depth technical content. (www.edn.com)

EDN is published by Reed Business Information (www.reedbusiness.com/us), the largest business-to-business publisher in the United States and a member of the Reed Elsevier Group Plc (NYSE: RUK - News and ENL - News) –– a world-leading publisher and information provider.

About Oasys Design Systems

Oasys Design Systems is a privately funded electronic design automation (EDA) company with a revolutionary new platform called Chip Synthesis™, a fundamental shift in how synthesis is used to design and implement ICs larger than 20-million gates. It has attracted the support of legendary EDA leaders and its RealTime Designer™ is in use at leading-edge semiconductor and systems companies worldwide. Corporate Headquarters is located at 3250 Olcott Street, Suite 120, Santa Clara, Calif. 95054. Telephone: (408) 855-8531. Facsimile: (408) 855-8537. Email: info@oasys-ds.com. For more information, visit: www.oasys-ds.com.