Magma's Titan Analog/Mixed-Signal Design Platform Nominated by EDN Magazine for Innovation of the Year Award

Integrated Full-Chip Analog/Mixed-Signal Design, Analysis, Verification and Migration Platform Delivers Better QoR and Turnaround Time

SAN JOSE, Calif., Feb. 4, 2009 (GLOBE NEWSWIRE) -- Magma® Design Automation Inc. (Nasdaq:LAVA), a provider of chip design software, today announced that Titan, a full-chip analog/mixed-signal design, analysis and verification platform, has been selected as a finalist for this year's EDN Innovation Awards.

Unlike other design solutions, the Titan platform tightly integrates analog/custom design implementation with Magma's digital implementation, circuit simulation, transistor-level extraction and verification. Titan Chip Finishing and Titan Analog Migration are key components of the platform. Titan Chip Finishing is a fast, high-capacity system that provides complete and automated chip finishing. Titan Analog Migration allows designers to capture designer know-how in a structured and repeatable format and to optimize circuits to given specifications using mathematical optimization techniques.

"Offering an unmatched level of integration and automation, Titan allows analog/mixed-signal designers to deliver ICs with better quality of results (QoR) with less effort and in less time," said Suk Lee, general manager of Magma's Custom Design Business Unit. "The nomination for an EDN Innovation Award validates that Titan is a quantum leap in the evolution of mixed-signal design."

About the EDN Innovation Awards

The EDN Innovation Awards honor outstanding engineering professionals and products and recognize unique, state-of-the-art electronics products in key categories. The Innovator of the Year award recognizes an electronics engineer or engineering team for innovation in product design or technical leadership.

In addition to honoring these people and products, EDN donates a portion of the proceeds from the nominations and the awards event to an engineering college or university chosen by the Innovator of the Year. It's EDN's way of encouraging and supporting tomorrow's great minds.

The EDN Innovation Awards carry special meaning because the winners are chosen by a jury of their peers. After an open nomination period, a panel of EDN editors selects finalists in each category. Then EDN's audience of engineers and engineering managers votes to select the final winners using an online ballot. To cast a vote for Titan, visit www.EDN.com/innovation. Winners will be announced at an awards event March 30 in San Jose.

About Magma

Magma's software for designing integrated circuits (ICs) is used to create complex, high-performance chips required in cellular telephones, electronic games, WiFi, MP3 players, DVD/digital video, networking, automotive electronics and other electronic applications. Magma's EDA software for IC implementation, analysis, physical verification, circuit simulation and characterization is recognized as embodying the best in semiconductor technology, enabling the world's top chip companies to "Design Ahead of the Curve" while reducing design time and costs. Magma is headquartered in San Jose, Calif., with offices around the world. Magma's stock trades on NASDAQ under the ticker symbol LAVA. Visit Magma Design Automation on the Web at www.magma-da.com.

Magma is a registered trademark and "Design Ahead of the Curve" and Titan are trademarks of Magma Design Automation Inc. All other product and company names are trademarks or registered trademarks of their respective companies.

Forward-looking Statements:

Except for the historical information contained herein, the matters set forth in this press release, including statements that Titan allows designers to improve quality and reduce the development time of analog and mixed-signal ICs, and about the features and benefits of Magma's software, are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including but not limited to the ability of Magma's products to produce the desired results and Magma's ability to keep pace with rapidly changing technology. Further discussion of these and other potential risk factors may be found in Magma's public filings with the Securities and Exchange Commission (www.sec.gov). Magma undertakes no additional obligation to update these forward-looking statements.

CONTACT:  Magma Design Automation
          Monica Marmie, Director, Marketing Communications
          (408) 565-7689
          
Email Contact

 



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