Many people contributed to the success of MTV 2012 and to the publishing of this proceeding. We thank all the contributors for their sustained interest, support and cooperation. MTV 2012 has been a great success. We are deeply indebted to all members of the organizing committee, program committee, session chairs, and volunteers for their support to MTV events over the years. Special thanks to co-program chairs Dr. Jayanta Bhadra and Prof. Li-C Wang for their devotion to the success of MTV 2012. Very special thanks to Himyanshu Anand, Aseem Gupta, Rajesh Raina, Xiao Sun, Jeff Tikkanen, Feng Xiushan, and Vivek Vedula, for their tremendous efforts in the organization of MTV 2012. Many thanks to MTV Corporate Supporters AMD, ARM, Freescale, IBM, Intel and Samsung This year MTV again shared a lunch meeting on the 3rd day of the workshop with the Design Verification (DV) Club in Austin. This was a big success and we plan to continue this co-operation in future years. Special thanks to Eric Hennenhofer, DV club chair, for his continued support of MTV.