Magma Design Automation on expansion mode in India

Released on = June 13, 2006, 11:08 pm

Press Release Author = Magma Design Automation

Industry = Semiconductors

Press Release Summary = Opens second R & D facility in Noida; to expand Bangalore

Press Release Body = Roy E. Jewell, President of Magma Design Automation Inc.
(NASDAQ: LAVA), a provider of semiconductor design software, today announced that
Magma is expanding its presence in India with the opening of their second office in
Noida. This move will support Magma's growing customer base and take advantage of
the availability of world-class talent in India. Additionally, Jewell, who is in
India for the opening, announced that Magma is expanding its operations in
Bangalore, India.

"An increasing number of IC design and semiconductor companies are locating in
Noida," Jewell said. "To take advantage of this growth, Magma will open a research
and development center in Noida besides the Bangalore center is which is the largest
one outside our headquarters and we are building critical mass now. The company
plans to double its R&D and applications engineering team in India over the next 12
to 18 months."

"Magma's long-term strategy in India is to work within the industry and with
academia and the government to create a strong semiconductor market," says Anand
Anandkumar, managing director of Magma Design Automation Pvt. Ltd. "By expanding our
presence in India, we're taking an important step towards that long-term goal."

About Magma

Magma's software for integrated circuit (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"T. 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


Magma is a registered trademark, and Talus 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.

Forward-Looking Statements:

Except for the historical information contained herein, the matters set forth in
this press release, including statements about Magma's expansion in India and
industry/academia program and about the features and benefits of Magma's software
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 Magma's plans for expansion, its
ability to keep pace with rapidly changing technology and the company's products'
abilities to roduce desired results. Further discussion of these and other potential
risk factors may be found in Magma\'s public filings with the Securities and Exchange
Commission ( Magma undertakes no additional obligation to update these
forward-looking statements.

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