$GTCH “Large microchip design companies typica

$GTCH “Large microchip design companies typically pay millions of dollars annually to license a complete set of EDA tools that are necessary to design IC projects; particularly, in advanced nanometer nodes. But not every design firm can afford this cost. For example, startups or medium size corporations are struggling paying high licensing cost of EDA tools to ensure well designed projects. Using a per-demand, per user licensing model, we plan to offer our IC analysis technology in much more affordable prices. As large corporations will be able to license our technology according to their capabilities, smaller and medium firms will also benefit from advanced IC analytics tools in an affordable cost. We plan to offer this type of licensing through a secured web portal that will provide time/user based, per-demand leasing option. Design firms will have the option to run GBT’s software on their own servers or to upload their design to be processed on our secured computing environment. We will offer our Design Rule, Reliability, Connectivity and DFM analysis tools. We plan to incorporate advanced data security technology to protect design firm’s IP and analysis results. We firmly believe that such a system may create a whole world of business opportunities, offering significant productivity enhancement technology, enabling a major project’s design time reduction, with higher quality, and much faster timelines to market” stated Danny Rittman, the Company’s CTO.