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Nascentric growing in size, employees in North Austin

October 6, 2005

Nascentric Inc. is growing from 5,000 to 9,000 square feet in North Austin.

The company is moving into 8303 North MoPac Expressway, where it has leased 9,000 square feet. The company also has the option to grow by an additional 5,000 to 6,000 square feet, says Dennis George, Nascentric's director of marketing.

The move was necessary to support the company's growth.

It currently has 27 employees but hopes to add 10 to 14 new people in the coming year, George says. Nascentric plans to hire additional software developers, QA personnel and application engineers.

"It will be a function of how we add customers," he says.

Marc Vanderslice of Hill Partners Corporate Services represented Nascentric in its search.

The company says the new space offers improved conference facilities, an enhanced networking and communications infrastructure and a better location for customers.


About Nascentric

Nascentric is a privately held company that develops and markets a patented, next-generation Fast-SPICE simulator for analysis and functional verification of complex nanometer designs. Nascentric products allow designers to quickly simulate, analyze and verify larger and more complex circuits, improve design quality, and facilitate higher yields. The Nascentric management team brings decades of combined electrical engineering and electronic design automation experience to bear on the challenge of delivering full-chip simulation and analysis focused on eliminating silicon re-spins due to nanometer effects.

Nascentric, the Nascentric logo, and AuSIM are trademarks and registered trademarks of Nascentric, Inc. All other company or product names are the registered trademarks or trademarks of their respective owners. For more information call 1-512-225-8800, or visit us on the web at www.nascentric.com.

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