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> Magma FineSim SPICE Supports STARC HiSIM Model with Proven 20x Faster Circuit Simulation and Nearly Exact Correlation to Silicon (Magma Design Automation)

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Magma Introduces FineSim SPICE Circuit Simulator

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San Jose, California and Yokohama, Japan - March 26, 2007 – Magma® Design Automation Inc., a provider of semiconductor design software, and the Semiconductor Technology Academic Research Center (STARC), a research consortium co-founded by 11 major Japanese semiconductor companies, today announced FineSim™ SPICE support for the HiSIM model. STARC leveraged the FineSim SPICE proprietary Native Parallel Technology™ to implement the model, achieving 20x faster circuit simulation on STARC's 90-nanometer (nm) Star Shuttle analog intellectual property (IP) and nearly exact correlation to silicon.

STARC's mission is to contribute to the growth of the Japanese semiconductor industry by developing leading-edge system-on-a-chip (SoC) design technologies. "STARC's goal is to seek out new and effective technologies and FineSim's breakthrough in Native Parallel Technology captured our attention," said Yoshiharu Furui, deputy general manager of STARC. "FineSim SPICE has impressed us by rapidly implementing our latest HiSIM model while achieving over 20x faster circuit simulation of our analog IP. Also we verified that FineSim SPICE accurately correlated with our analog IP in silicon manufactured by our 90-nm Star Shuttle.”

HiSIM (Hiroshima-University STARC IGFET Model) is a surface-potential-based circuit simulation model for MOSFETs which Hiroshima University developed in collaboration with STARC. The Star Shuttle is the first standard 90-nm process-based prototype manufacturing service in Japan to develop low-power SoC design technologies. Star Shuttle was established as a result of the ASUKA Project run jointly by Japan Electronics and Information Technology Industries Association (JEITA). STARC assumed management of Star Shuttle in 2005.

FineSim SPICE is a SPICE-level simulation analysis tool that incorporates transistor-level simulation analysis capabilities for mixed digital and analog designs. FineSim SPICE contains a full SPICE simulation engine with distributed processing that enables customers to simulate large-scale, mixed-signal SoCs at the transistor level. By providing increased speed and capacity while maintaining full SPICE accuracy, FineSim SPICE enables designers to simulate advanced circuits – such as PLLs, ADCs (analog-to-digital converters), DACs (digital-to-analog converters) and gigahertz SERDES (SERializer/DESerializer) – that they previously would not even attempt using slower, traditional SPICE simulators.

“With the latest HiSIM model and FineSim SPICE’s significant speed, capacity and silicon-accuracy advantages, STARC and Magma provide advanced design technologies that reduce time to market," said Suk Lee, general manager of Magma's Custom Design Business Unit. "We’re pleased to partner with STARC to support the growth of the semiconductor industry in Japan.”

About Magma
Magma's software for 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(TM)." 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 and www.magma-da.co.jp.

Magma is a registered trademark and FineSim, Native Parallel Technology and "The Fastest Path from RTL to Silicon" is a trademark 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 the features and benefits of Magma software generally, and including without limitation statements that FineSim SPICE provides speed, capacity and silicon-accuracy advantages over other circuit simulators 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 ability to keep pace with rapidly changing technology and the company's 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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