Yavne (Israel), 2^nd August 2000 - Valor Computerized Systems, a global leader in providing productivity software solutions to OEMs and CEMs in the electronics design and manufacturing industry, today announced the appointment of Hankuk Valence Co. to represent Valor in South Korea. Hankuk Valence will sell and support Valor's Enterprise 3000 physical verification DFM system to electronics OEMs.

Ofer Shofman, President of Valor Far East Operations said "Hankuk Valence is well established in the Korean electronics market having sold PCB solutions and services, including Viewlogic and VeriBest, to major OEMs for a number of years. The qualified sales and engineering staff at the company have over 18 years' experience in EDA. With this expertise they make an ideal partner for Valor in order to meet the rapid growth rates we are seeing in the PCB market in Asia."

"We recognize Valor's DFM solutions as being an important offering in the electronics design industry. Valor products are based on ODB++, a high-level intelligent data exchange format, that bridges the information gap between the worlds of design and manufacturing. This is a real challenge that the PCB/PCA supply chain is facing and we see good business opportunities for these solutions," commented Hyung-Duck Kim, President at Hankuk Valence Co.

Valor is experiencing a healthy growth rate in excess of 65% in the Far East with its PCB/PCA physical design verification and CAM assembly/test systems and the appointment of Hankuk Valence is part of its expansion program for the rapid growth in the design-for-manufacturing sector in Asia.

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.

For more information please contact:

Valor Corporate

Cathryn Hage

Pentacom Public Relations

Tel: +44 (0)1242 525205

cathryn.hage@btinternet.com

Valor North America

Hileigh Murphy

Valor Computerized Systems, Inc.

Tel: +1 (949) 586 5969

hileighm@valor-us.com

Valor Europe

Sharon Graves

PentaCom Public Relations

Tel: +44 (0)1242 525205
sharon.graves@btinternet.com

Valor Far East

Ofer Shofman

Valor Computerized Systems

Tel: +(852) 273 13504
ofer@valor.com