updated 2/22/2011 9:18:02 AM ET 2011-02-22T14:18:02

SAN JOSE, Calif., Feb. 22, 2011 (GLOBE NEWSWIRE) -- Magma Design Automation Inc. (Nasdaq:LAVA) will conduct its third quarter earnings call at 1:30 p.m. PST on Feb. 24, 2011, 30 minutes earlier than previously scheduled, to avoid conflicting directly with Mentor Graphics' recently rescheduled earnings call. Telephone and webcast access information remains the same as previously announced. The live webcast will be available online at http://investor.magma-da.com/events.cfm. A replay of the webcast will be available on Magma's website through March 3, 2011.

Listen to the live call by telephone at the numbers below:

U.S. & Canada:   (877) 303-3205
Elsewhere:   (678) 894-3026

A telephone replay will be available beginning at 5 p.m. PST on Feb. 24, 2011 until 11:59 p.m. PST on March 3, 2011 at the numbers below:

U.S. & Canada:    (800) 642-1687, code #41698290
Elsewhere:   (706) 645-9291, code #41698290

About Magma

Magma's electronic design automation (EDA) software provides the "Fastest Path to Silicon"(TM) 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" is a trademark of Magma Design Automation Inc.

CONTACT: Magma Design Automation Inc.
         Press Relations
         Monica Marmie
         Director, Corporate Marketing
         (408) 565-7689
         Investor Relations
         Milan G. Lazich
         Vice President, Corporate Marketing
         (408) 565-7706

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