Magma Names Maggie Chen to Head Taiwan Operations

Becomes country manager for Taiwan operations

Magma(R) Design Automation Inc. (Nasdaq:LAVA), a provider of chip design software, today announced the appointment of Maggie Chen as country manager for the company's Taiwan operations. Chen reports to Charlie Shin, Magma's vice president of Asia-Pacific Sales.

"Maggie brings a great combination of managerial and sales achievement and I expect her experience will help our Taiwan team achieve even greater success," Chin said. "Taiwan is a key market for Magma and I anticipate that Maggie will contribute to our efforts here right away."

Chen's experience includes 10 years with electronic design automation (EDA) companies, including a stint with Cadence Design Systems during which she exceeded quota for three consecutive years while managing a sales group. Before that she served as Taiwan country manager for Verplex Systems until its 2003 acquisition by Cadence. Most recently Chen served as Asia Pacific sales director and Taiwan country manager for EDA startup InPA Systems, where she established the company's Taiwan operation and led the company's expansion into mainland China.

Chen holds a degree from National Chung Hsing University in Taichung, Taiwan.

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.Twitter.com/MagmaEDA and on Facebook at www.Facebook.com/Magma. Visit Magma Design Automation on the Web at www.magma-da.com.