updated 5/5/2011 4:16:48 PM ET 2011-05-05T20:16:48

SAN JOSE, Calif., May 5, 2011 (GLOBE NEWSWIRE) --


Magma® Design Automation Inc. (Nasdaq:LAVA) will conduct a live webcast and conference call to review financial results for its fourth quarter and fiscal year ended May 1, 2011.

The webcast and conference call will be Thursday, May 26, 2011, at 2 p.m. PDT. Magma will release fourth-quarter financial results after Nasdaq trading closes on May 26, 2011.

Rajeev Madhavan, chief executive officer; Roy E. Jewell, president and chief operating officer; and Peter S. Teshima, chief financial officer, will host the call.

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 June 2, 2011.
PHONE: 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. PDT on May 26, 2011 until 11:59 p.m. PDT on June 2, 2011 at the numbers below:
  U.S. & Canada: (800) 642-1687, code #64794381
  Elsewhere: (706) 645-9291, code #64794381

About Magma

Top semiconductor makers worldwide use Magma's electronic design automation (EDA) software to produce chips for electronic applications including tablet computing devices, mobile devices such as smartphones, electronic games, digital video, networking, military/aerospace and memory. Magma products provide the "Fastest Path to Silicon"™ and include software for digital design, analog implementation, mixed-signal design, physical verification, circuit simulation, characterization and yield management. 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 contacts:
         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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