Blast Rail, Part of Magma's Low-power Design Solution, Nominated by EDN Magazine in the 2003 Innovation of the Year Awards Competition.Business Editors/High-Tech Writers SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--Feb. 5, 2004 Magma(R) Design Automation Inc. (Nasdaq:LAVA), a provider of chip design solutions, today announced that Blast Rail, a key component of Magma's low-power design solution, has been selected from a field of hundreds as a finalist for this year's EDN Innovator/Innovation Awards. This exclusive awards program honors truly outstanding electronic products ranging from integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. to test equipment -- as well as the creative engineers who invent them. The EDN Innovation Awards recognize significant products/technologies in several categories. To be eligible, the product/technology must have shipped in volume in the 2003 calendar year. EDN's technical editors selected finalists in each category. Blast Rail is nominated in the "EDA (1) (Electronic Design Automation) Using the computer to design, lay out, verify and simulate the performance of electronic circuits on a chip or printed circuit board. : physical analysis" category. Blast Rail is fully integrated with Magma's RTL-to-GDSII implementation flow to enable a correct-by-construction rail design solution. Blast Rail provides IC designers with integrated power design, analysis and planning, voltage-drop analysis, voltage-drop-induced delay analysis, and electromigration analysis on rail wires and vias, thereby enabling them to maintain power integrity in their designs. Since its release in the spring of 2003, Blast Rail has already been adopted by 30 percent of Blast Fusion users and used in 10 successful design tape-outs. Visit Magma's website for an online demonstration of Blast Rail. "We always get an outstanding set of entries to our Innovation program," said EDN Editor in Chief Maury Wright. "The chosen finalists should be proud of their selection because many worthy products barely missed the cut. I look forward to meeting with all of the participants at the awards banquet." "The growing complexity and shrinking turnaround time (1) In batch processing, the time it takes to receive finished reports after submission of documents or files for processing. In an online environment, turnaround time is the same as response time. of today's low-power applications requires that power integrity be addressed throughout the design flow. This is a unique capability that Magma offers," said Sameer Patel, product marketing director at Magma. "We're honored that EDN has recognized Magma as providing innovative design technology." In the next few weeks, EDN's worldwide audience of electronics engineers and engineering managers will use an online ballot to select the ultimate winners from among these finalists. EDN's editorial staff and the EDN Editorial Advisory Board also take part in determining the final winners. We encourage you to visit www.edn.com and check out the February 5, 2004 issue to review each of the nominees. Winners will be announced at a ceremony on March 29, 2004 in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden . About EDN EDN, the premier design magazine of the electronics industry, is published by Reed Business Information Reed Business Information is a large business publisher in the United States, United Kingdom, continental Europe, Australia and Asia. It is a division of Reed Elsevier. In 2005, Reed Business Information started the Quill Awards, a literary award broadcast on NBC. . Headquartered in Newton, Mass., EDN serves the vital information needs of design engineers and engineering managers worldwide. The EDN franchise includes EDN, EDN Europe, EDN Asia, EDN China, EDN Japan and EDN.com, the only full-content, EOEM publication and Web site. About Magma Magma provides leading software for designing highly complex integrated circuits while maximizing Quality of Results with respect to area, timing and power, and at the same time reducing overall design cycles and costs. Magma provides a complete RTL-to-GDSII design flow that includes prototyping, synthesis, place & route, and signal and power integrity chip design capabilities in a single executable, offering "The Fastest Path from RTL (Register Transfer Level) A high-level hardware description language (HDL) for defining digital circuits. The circuits are described as a collection of registers, Boolean equations, control logic such as "if-then-else" statements as well as complex event sequences; to Silicon"(TM). Magma's software also includes products for advanced physical synthesis and architecture development tools for programmable logic devices (PLDs); capacitance extraction; and characterization and modeling. The company's stock trades on Nasdaq under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors LAVA. Visit Magma Design Automation Magma Design Automation (NASDAQ: LAVA) is a software company in the electronic design automation (EDA) industry. The company was founded in 1997 and maintains headquarters in San Jose, California. on the Web at www.magma-da.com. Magma and Blast Fusion are registered trademarks and Blast Rail and "The Fastest Path from RTL to Silicon" 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 Blast Rail enables designers to maintain power integrity in their designs and about the features and benefits of Magma's software are forward-looking statements within the meaning of the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 the ability of Magma's to produce the desired results and Magma's ability to keep pace with rapidly changing technology. 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , and any subsequent updates thereto on form 10-Q Form 10-Q See 10-Q. . These forward-looking statements speak only as of the date hereof. Magma disclaims any obligation to update these forward-looking statements. |
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