updated 1/5/2011 9:15:59 AM ET 2011-01-05T14:15:59

SAN JOSE, Calif, Jan. 5, 2011 (GLOBE NEWSWIRE) -- Magma® Design Automation (Nasdaq:LAVA), a provider of chip design software, today announced that EDN named Tekton™, Magma's static timing analysis (STA) platform, to the list of Hot 100 Products for 2010. The products on this list are selected by EDN editors and represent the most innovative and significant product and technology offerings of 2010. Tekton is one of just five products named in the Electronic Design Automation (EDA) category.

"With design sizes often exceeding 10 million instances and requiring analysis across many operating scenarios, timing analysis has become a significant challenge," said Premal Buch, general manager of Magma's Design Implementation Business Unit. "Being named to EDN's Hot 100 Products for 2010 speaks to Tekton's ability to efficiently provide super-fast and accurate multi-mode multi-corner timing analysis on very large designs."

For more on Tekton in EDN's Hot 100 Products list, visit http://www.edn.com/article/511768-EDN_Hot_100_products.php or see "Rethinking Static-Timing Analysis" at http://www.edn.com/article/457474-Rethinking_static_timing_analysis.php for details on how Tekton accelerates STA.

Tekton Multi-Mode Multi-Corner Analysis Speeds Turnaround Times and Reduces Costs

Performing multi-mode multi-corner or multi-scenario analysis is time consuming, expensive and cumbersome. Design teams are often forced to purchase many expensive servers and accompanying software licenses to parallelize the multi-scenario analysis in order to shorten run times. Design teams must sometimes resort to using abstracted timing models to accelerate the analysis, but at the expense of accuracy. Tekton performs extremely fast, multi-scenario analysis on a single machine and provides the accuracy of existing sign-off solutions. Tekton has been used by customers on designs ranging from evaluation test cases to production systems on chip (SoCs) with up to 30 million instances and has dramatically improved STA turnaround time and shortened time to tapeout. For some customers running as many as 50 scenarios, Tekton was able to perform timing analysis with on-chip variation (OCV) and crosstalk analysis enabled in less than one hour on a single machine.

About Magma

Magma's EDN 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.

Magma is a registered trademark and "Fastest Path to Silicon" and Tekton 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: Magma Design Automation
         Monica Marmie, Director, Corporate Marketing
         (408) 565-7689
         mmarmie@magma-da.com

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