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Valor Appoints Product Marketing Specialist for Component Library Services and CAM Software

Aug 28, 2001

Yavne (Israel), August 28th 2001 - Valor Computerized Systems (Neuer Markt: VCR) today announced the appointment of Dale Lee as Product Marketing Manager for its fast-growing component data service, the Valor Parts Library (VPL), and for Trilogy 5000, Valor's CAM software for virtual prototyping and assembly and test. Valor is a global leader in providing productivity software solutions to OEMs and CEMs in the electronics design and manufacturing industry.

Dale Lee joins Valor with over 20 years hands-on design and manufacturing experience in the electronics industry. Before Valor, Lee worked as a Corporate Staff Engineer in the Advanced Technology Group at MSL, one of the world's leading electronics manufacturing services (EMS) companies, where he was responsible for implementing automated DFM systems corporate-wide and recommending process development improvements, new technologies and software tools for their global manufacturing operations. Prior to MSL, Lee worked as a consultant to the electronics industry providing design analyses for cost reductions, manufacturing optimization and DFM training. Lee has also worked in various engineering and technical positions for leading blue chip companies including Iomega, Motorola and Texas Instruments, and boasts an impressive list of internationally published papers and conference presentations. From 1994 through 1999, Lee held various board member positions for the Surface Mount Technology Association.

"The global electronics manufacturing services market is growing at 25-30% CAGR through 2004*. Dale will be targeting this high-growth sector with Valor's online data service and building a successful business around the VPL component library which, unlike any other parts library, deals with the physical geometries and manufacturing characteristics of components," said Julian Coates, VP corporate marketing at Valor. "Utilizing his vast experience in manufacturing he will also be marketing our Trilogy 5000 product for prototype, pre-production and volume manufacturing. He will play a vital role in working with R&D as we continue to extend the scope of our best-in-class CAM system for assembly, test and machine optimization."

About Valor

Valor is a global leader in providing business productivity tools throughout the design-through-manufacturing electronics supply chain. Valor is a public company listed on the Neuer Markt of the Frankfurt Stock Exchange. The company's powerful software tools, based on ODB++, the Valor-funded

data format which has quickly become the format of choice for high-level data exchange, ensure the rapid transfer of optimized data from design through manufacturing. Enterprise 3000 DFx system for physical design verification, Trilogy 5000 for assembly and test engineering, and the unique Valor Parts Library on-line data service are utilized by designers and engineers to deliver enhanced productivity, higher yields, shorter cycle times and increased product quality. All Valor products are sold and supported by a worldwide network that includes global subsidiary offices, VARs and OEM channels. More information about the company can be found at http://www.valor.com.

(* Market data source Goldman Sachs 10/2000)

For more information please contact:

Valor Corporate

Cathryn Hage

Pentacom Public Relations

Tel: +44 (0)1242 525205

cathryn.hage@pentacomagency.com

Valor North America

Hileigh Murphy

Valor Computerized Systems, Inc.

Tel: +1 (949) 586 5969

hileigh_murphy@valor-us.com

Valor Europe

Sharon Graves

PentaCom Public Relations

Tel: +44 (0)1242 525205

sharon.graves@pentacomagency.com

Valor Far East

Ofer Shofman

Valor Computerized Systems

Tel: +(852) 2-731 6108

ofer@valor.com

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