Magma Appoints Noriaki Kikuchi President of Magma KK

Longtime Technology Executive Brings Wealth of Experience to Japanese Team

April 11th, 2010

Magma Design Automation Inc. (Nasdaq:LAVA), a provider of chip design software, announced today it has named Noriaki Kikuchi president of Magma KK, Magma’s Japanese subsidiary. Kikuchi, with more than 30 years experience in electronic design automation and other technology industries, reports to Magma President and Chief Operating Officer Roy E. Jewell.

“Kikuchi-san has the proven track record to make him an exceptional fit to lead our team in Japan,” Jewell said. “I believe his background and perspective will enhance our Japan team’s ability to build on our past successes here.”

“I’m delighted to join such an innovative and forward-thinking company as Magma,” Kikuchi said. “Magma technology is well regarded in Japan — the new Tekton static timing analysis platform has been met with great enthusiasm — and I believe the company’s commitment to making customers successful will continue to be key to attaining even greater accomplishments.”

With a history of sales and senior management positions with increasing responsibilities, Kikuchi most recently was president of Japan operations for Brion Technologies Inc., a subsidiary of ASML, overseeing sales, field application engineering and customer service. Previously he was president of Tera Systems Japan, and also held senior sales and field operations positions with Synopsys Japan and Seiko Instruments Inc. Kikuchi holds a Bachelor of Arts degree in management from Chuo University in Tokyo.

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.globenewswire.com/newsroom/ctr?d=188477&l=6[...] and on Facebook at Facebook.com%2FMagma” target=”_top”>www.Facebook.com/Magma. Visit Magma Design Automation on the Web at www.globenewswire.com/newsroom/ctr?d=188477&l=6[...] and www.magma-da.co.jp/.

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