Test and Verification Solutions hits 80 employees worldwide

Bristol(England) — March 1 2013 — Test and Verification Solutions (TVS) was today welcomed into the prestigious “SETsquared Alumni” group of growing high-tech, high-growth businesses that have been supported by The Bristol SETsquared Centre.

TVS joined the award-winning business incubator in March 2008 with just the founder, Dr. Mike Bartley, and the aspiration to create a global technology products and services business.

The company now employs 80 people worldwide, with operations in Chennai, Delhi and Bangalore, in India, Hanau in Germany, Grenoble in France, Sweden and Italy and expects to achieve over £2.5M in revenue this financial year.

TVS provides specialist software test and hardware verification services and products for clients developing products for the semiconductor and embedded systems industries.  By outsourcing to TVS, the client can focus on designing great products  and not have to worry about building expertise for these complex QA activities.  Bristol is the obvious headquarters location for this business given the globally significant concentration of semiconductor and related businesses within a 20 mile radius of the city.

The Bristol SETsquared Centre now has more than 60 businesses that it is supporting including members within the elite “Alumni” group – SETsquared supported businesses that have existed the Centre and continue exciting growth paths, including XMOS, DigitalTV Labs, Apitope and Imetrum.

Dr. Mike Bartley Founder and CEO of TVS said, “SETsquared has given TVS great advice and help since we joined in 2008. As a technical specialist I needed guidance on how to grow a business and SETsquared has provided this. TVS is pleased to continue our relationship with SETsquared”

Nick Sturge, Centre Director of the SETsquared Centre in Bristol said “It has been a real pleasure working with Mike and the team at TVS over the last 5 years and supporting them in this aggressive global growth. We are delighted to welcome the business into our elite Alumni group.”

Note to Editors:

About Test and Verification Solutions

TVS provides services and products to organisations developing complex products in the micro-electronics and embedded systems industries.  Such organisations use TVS to verify their hardware and software products, employ industry best practice and manage peaks in development and testing programmes.  TVS hardware verification services include onsite/offshore verification support and training in advanced verification methodologies. TVS also offers Verification IPs and its own Verification (EDA) signoff tool (asureSign™).  TVS embedded software testing services includes methodology development, software test training and execution support services.

TVS has its headquarters inBristol,Englandwith offices in Europe andIndia.

Media Contact:

Mike Bartley      +44 (0)7796 307 958         [email protected]

 The SETsquared Partnership

The SETsquared Partnership is the enterprise collaboration of the Universities of Bath,Bristol,Exeter, Southampton andSurrey. Together, the universities employ 7,400 academic staff; and earn nearly 10 per cent of theUK’s higher education research budget.

The partnership has a 10 year track record of supporting companies through its business acceleration centres, which provide access to industry specialists, investors and experienced entrepreneurs. SETsquared currently supports over 250 early stage high-tech, high growth potential businesses, and 90 per cent of its incubated companies are still in business three years on. In the past five years, nearly £0.75bn in investment funding has been raised by spin outs and incubated companies.

SETsquared supports student enterprise including an annual showcase and a global scholars program. It provides opportunities for industry to access academic ideas with commercial potential and seeks to promote the impact, economically and socially, of its institutions’ research and enterprise activities.

A full list of the businesses currently supported by the Bristol SETsquared Centre can be found at www.setsquared.co.uk/companies/bristol-centre-members.

For further details see www.setsquared.co.uk or www.twitter.com/setsquared_Br


SETsquared Business Acceleration Centre, Bristol:
Nick Sturge, [email protected], 0044 117 9031100