Zytalis Announces Magma Design Automation's Successful Go Live with SAP ERP

IRVINE, Calif.—(BUSINESS WIRE)—October 25, 2006— Zytalis Inc., a leading service provider of SAP solutions, announced today that it has successfully completed the first phase of Magma Design Automation's SAP ERP initiative in the United States and Europe.

The SAP ERP initiative is designed to standardize and streamline Magma's contract-to-cash, procure-to-pay, and revenue recognition processes to provide continuous access to accurate, reliable and timely information across its entire organization.

"Thanks to the strong partnership we formed with Zytalis, Magma was able to deliver the business benefits we committed to with the implementation of SAP in a relatively short period of time. Zytalis provided strong resources with an in-depth understanding of SAP as well as the software industry and a practical implementation approach they tailored to Magma's specific needs. We are extremely pleased with what we have been able to achieve as a team," said Chip Vanek, director of Information Technology for Magma.

"Every project has its unique design and implementation challenges and Magma was no different, but by leveraging SAP's best practices and our own iterative implementation approach, Magma has become a great example of how a rapidly growing, mid-market company can leverage the world's leading ERP package. Not only will Magma reap the immediate benefits of SAP but they will also now have a software platform that will allow them to scale and meet their long-term growth goals. We look forward to continuing our successful relationship with Magma in the future," said Zytalis' co-founder and EVP Richard Gu.

About Magma

Magma's software for IC design is recognized as embodying the best in semiconductor technology. The world's top chip companies use Magma's EDA software to design and verify complex, high-performance ICs for communications, computing, consumer electronics and networking applications, while at the same time reducing design time and costs. Magma provides software for IC implementation, analysis, physical verification, characterization and programmable logic design; and the company's integrated RTL-to-GDSII design flow offers "The Fastest Path from RTL to Silicon(TM)." Magma is headquartered in Santa Clara, 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 "The Fastest Path from RTL to Silicon" are trademarks of Magma Design Automation Inc. All other product and company names are trademarks or registered trademarks of their respective companies.

About Zytalis

Zytalis (www.zytalis.com) is a professional services firm focused exclusively on the implementation and support of the SAP software. Founded in Irvine, California, in 1997, Zytalis now has over 150 SAP resources working throughout the United States.

In its relatively short existence the Company has established an unparalleled reputation for excellence, with such clients as Microsoft, Lucent, Home Depot, Goodyear, Newport Corporation, and IGT. To date the Company has delivered over 120 successful SAP projects at more than 100 separate clients. Perhaps unique to the industry, Zytalis is 100% reference-able across its entire customer base.

Zytalis maintains a core competency in each of the SAP applications: Enterprise Resource Planning ("ERP"), Customer Relationship Management ("CRM"), Supply Chain Management ("SCM") and Supplier Relationship Management ("SRM") and it is a market leader in providing specialist Product Lifecycle Management ("PLM") services. Zytalis is also a leading NetWeaver partner and has unique insights into the new Master Data Management ("MDM") application and the Exchange Infrastructure ("XI").

From the assessment of project scope through deployment and ongoing support, Zytalis provides the skills and services necessary to succeed at every step of the lifecycle of an SAP implementation.

Contact:

Zytalis Inc.
Megan Tiernan, 949-863-9096
Email Contact
http://www.zytalis.com




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