Magma Offers Royalty-Free License for Low-Power Chip Design Patent

(PRLEAP.COM) Bangalore., May 15, 2007 — Magma® Design Automation Inc. (Nasdaq: LAVA), a provider of semiconductor design software, today announced the availability of a patent license that allows electronic design automation (EDA) software developers to implement power-aware EDA tools based on concepts and claims in a Magma patent application that describes automated design of integrated circuits (ICs) with multiple voltage domains. This royalty-free, non-reciprocal license provides EDA developers and their end users with open access to fundamental low-power design technology.

Magma filed provisional patent application No. 60/783,425 with the U.S. Patent and Trademark Office more than a year ago for a method and system for automatically designing a chip with multiple voltage domains, which are commonly used to manage and reduce power consumption in advanced, complex ICs. These voltage domains are identified via characteristics related to signal potential, sleep mode and other factors. The identification of voltage domains is used for automated insertion of isolation blocks, level shifters, retention flip-flops and other power-optimization-related components. The concept of using multiple voltage domains to reduce power consumption is well understood and there are many ways to implement this technique. This license allows EDA tool developers to implement low-power design formats and standards using these techniques.

“By offering this licensing agreement so early in the patent approval process Magma is demonstrating full support for the development of a low-power design standard – especially one that is developed in an open and inclusive environment such as IEEE, which has a well-rounded policy on intellectual property,” said Kam Kittrell general manager of Magma’s Design Implementation Business Unit. “Magma recognizes the importance of creating and facilitating innovation while at the same time protecting differentiating IP.”

The license agreement and an FAQ are available on the Magma website at www.magma-da.com/LPLicense.

About Magma
Magma’s software for integrated circuit (IC) design is recognized as embodying the best in semiconductor technology, enabling the world’s top chip companies to “Design Ahead of the Curve”™. Magma provides EDA software for IC implementation, analysis, physical verification and characterization. Magma products are used by the world’s leading engineers to create complex, high-performance ICs for consumer electronics, mobile communications, computing and networking applications, while at the same time reducing design time and costs. Magma is headquartered in San Jose, 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.

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Magma is a registered trademark and “Design Ahead of the Curve” 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 that Magma will make available a license for a low-power chip design patent and about the performance 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 Magma’s ability to keep pace with rapidly changing technology; and its products’ abilities to produce 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 (www.sec.gov). Magma undertakes no additional obligation to update these forward-looking statements.

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