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Magma Adopts Legend's MSIM Circuit Simulator for Cell Characterization and Delay Correlation

MSIM Provides Excellent Accuracy, Performance and Convergence


SANTA CLARA, Calif.--(BUSINESS WIRE)--May 24, 2004--Legend Design Technology Inc., a provider of IP characterization and simulation software, today announced that Magma Design Automation Inc. (Nasdaq:LAVA), a provider of chip design solutions, has adopted the MSIM circuit simulator for engineering and field support use worldwide after an extensive evaluation.

"The quality of cell models directly affects the design flow and is the key to silicon success. To ensure the high quality of cell models, we use the MSIM circuit simulator to analyze cell libraries for timing, power and noise correlation. Legend's MSIM circuit simulator provides excellent Quality of Results in product development, application engineering and customer support," said Premal Buch, general manager of the Analysis Products Business Unit at Magma.

"MSIM has proven its value in design verification. We are extremely happy to deliver its accuracy, speed and convergence in Magma's simulation environment, especially for nanometer technologies," said Dr. You-Pang Wei, president and chief executive officer of Legend Design Technology, Inc.

About Legend

Legend Design Technology Inc. is a leading provider of characterization and simulation software for semiconductor Intellectual Property (IP) blocks in SoC designs. With an emphasis on productivity and value, Legend's CharFlo-Memory! toolset revolutionizes the time-consuming and error-prone processes associated with characterization. MSIM is Legend's high-accuracy SPICE circuit simulator with great convergence and extensive model support. Turbo-MSIM is Legend's high-speed and high-capacity circuit simulator ideal for timing and power simulation, and function verification. Both simulators are well designed for nanometer technology challenges, and provide excellent price performance. For more information, visit www.LegendDesign.com.

MSIM is trademark of Legend Design Technology. 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 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 abilities 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 latest filings with the Securities and Exchange Commission on Form 10-K, and any subsequent updates thereto on form 10-Q. These forward-looking statements speak only as of the date hereof. Magma disclaims any obligation to update these forward-looking statements.

Contacts
Legend Design Technology Inc.
Jane Wei, 408-748-8888 X234
JaneW@LegendDesign.com
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