Methodics Awarded Rightful Domain Name in Decision by WIPO

SAN FRANCISCO, CA--(Marketwire - Nov 28, 2011) - Methodics, Inc., the leading provider of integrated solutions used in managing design data and semiconductor intellectual property (IP) for complex IC design, today announced that the World Intellectual Property Organization (WIPO) has ruled in its favor in a dispute involving the domain www.methodics.com. The rights to the domain have now been turned over to Methodics, and the company will begin using it for its primary web site and email address protocol immediately.

The WIPO decision stated: "The Panel determines that Complainant has established that Respondent registered and has used the disputed domain name in bad faith within the meaning of the Policy, and that the disputed domain name should be transferred to Complainant."

The previous owner of the domain was given ten days to relinquish the domain, an order with which they complied.

Methodics had sought the rights to the name following a series of malicious and misleading posts on the domain address by the previous owner, which indicated the company was no longer in business and directed visitors to a competitor's web site.

"We are satisfied and vindicated that the issue has been resolved in a fair way and we no longer have to deal with this silly distraction," said Simon Butler, CEO of Methodics. "Our focus remains on providing the most complete and automated way for IC designers to manage the volume and complexity of the design data required to develop complex chips. We look forward to using our rightful domain name as a platform to keep our customers and the rest of the industry informed about our progress."

About Methodics, Inc.
Methodics, Inc. is a leading provider of design data management (DM) tools that improve the efficiency and collaboration of integrated circuit (IC) design. Its SoC Development Platform tools provide the first integrated system for managing SoC realization, reducing the time, complexity and costs involved in IP-based design approaches. Its VersIC™ DM tools integrate industry-standard software configuration management (SCM) tools, such as the Perforce® and Subversion® version control systems into the hardware design environment to provide a more efficient global collaboration experience. The privately held company has offices in the USA, Europe and Asia. For further information, visit www.methodics.com.