Magma Design Automation Joins Si2’s OpenPDK Coalition

EDA Vendors Unite to Set New Direction for Process Design Kits

AUSTIN, Texas — (BUSINESS WIRE) — June 8, 2010 — The Silicon Integration Initiative (Si2) announced today that Magma® Design Automation (Nasdaq: LAVA), a provider of chip design software, has become a founding member of the Open Process Design Kit (OpenPDK) Coalition.

Magma joins other electronic design automation (EDA) vendors including, Anaglobe Technologies, Cadence Design Systems, Mentor Graphics, Pulsic, Silvaco, SpringSoft and Synopsys, along with IBM, Intel Corporation, NXP and STMicroelectronics.

The OpenPDK Coalition from Si2 will enable greater efficiency in PDK development, verification and delivery, and will provide equivalent support to all foundries, EDA tool vendors, intellectual property (IP) providers and end users. Its goal is to define a set of open standards for a PDK structure portable across foundries and agnostic to EDA tools, that supports all process nodes up through 22-nanometer and beyond, including high-voltage analog processes.

“We set an ambitious goal and are pleased to have all major EDA vendors united in this important effort,” said Steve Schulz, president and chief executive officer of Si2. “Each member company has committed to use an inclusive approach to involve all stakeholders to create an industry-wide solution.”

By joining the Si2 OpenPDK Coalition, Magma intends to continue expanding its iPDK efforts supported by the Titan™ Mixed-Signal Platform. “The OpenPDK Coalition is an important step to opening the PDKs and offering greater industry efficiencies. With better interoperability in the custom design domain, our customers can fully exploit the advanced capabilities and features offered by the Titan Mixed-Signal Platform,” said Anirudh Devgan, general manager of Magma’s Custom Design Business Unit.

Membership in the OpenPDK Coalition is open to all interested parties across the semiconductor supply chain. For more information, see: http://www.si2.org/?page=1118.

Si2 will host “Advances in Process Design Kits Workshop” Monday, June 14, during the 47th Design Automation Conference (DAC) June 14-16 at the Anaheim Convention Center in Anaheim, Calif. It is open to all DAC attendees. For details, visit: http://www2.dac.com/workshops+_+colocated+events.aspx?event=91&topic=13

About Magma

Magma’s electronic design automation (EDA) software provides the “Fastest Path to Silicon”™ and enables the world’s top chip companies to create high-performance integrated circuits (ICs) for cellular telephones, electronic games, WiFi, MP3 players, digital video, networking and other electronic applications. Magma products are used in IC implementation, analog/mixed-signal design, analysis, physical verification, circuit simulation and characterization. The company maintains headquarters in San Jose, Calif., and offices throughout North America, Europe, Japan, Asia and India. Magma’s stock trades on Nasdaq under the ticker symbol LAVA. Follow Magma on Twitter at www.Twitter.com/MagmaEDA and on Facebook at www.Facebook.com/Magma. Visit Magma Design Automation on the Web at www.magma-da.com.

About Si2

Si2 is the largest organization of industry-leading semiconductor, systems, EDA and manufacturing companies focused on the development and adoption of standards to improve the way integrated circuits are designed and manufactured, in order to speed time-to-market, reduce costs, and meet the challenges of sub-micron design. Now in its 22nd year, Si2 is uniquely positioned to enable timely collaboration through dedicated staff and a strong implementation focus driven by its member companies. Si2 represents nearly 100 companies involved in all parts of the silicon supply chain throughout the world. See www.si2.org

Magma is a registered trademark and “Fastest Path to Silicon” and Titan are trademarks of Magma Design Automation Inc. All other product, company and institution names are trademarks or registered trademarks of their respective owners.

Forward-looking Statements:

Except for the historical information contained herein, the matters set forth in this press release, including statements about the features and benefits of Magma products, 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 the company’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). The company undertakes no additional obligation to update these forward-looking statements.



Contact:

Silicon Integration Initiative
William Bayer, 512-342-2244, ext. 304
Senior Director, Marketing Communications
Email Contact
or
Magma Design Automation
Monica Marmie, 408-565-7689
Director, Corporate Marketing
Email Contact




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