Magma Design Automation Promotes Lukas van Ginneken to Chief Scientist.Business Editors/High-Tech Writers CUPERTINO, Calif.--(BUSINESS WIRE)--Dec. 17, 2001 Co-Founder and Key Architect of FixedTiming Methodology to Drive Evolution of Magma's Deep-Submicron IC Design Technology Magma(R) Design Automation, Inc. (Nasdaq:LAVA), a provider of chip design solutions, has promoted Lukas van Ginneken to chief scientist. Van Ginneken, a co-founder of Magma, has spent more than 10 years developing integrated logic and physical design methodologies designed to increase the performance and reduce the 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 deep submicron 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. (ICs). Van Ginneken is a key architect of the patent-pending FixedTiming(TM) methodology, the core technology for all Magma's solutions. In his new role as chief scientist, van Ginneken will work with customers to identify key emerging design challenges and lead Magma's research and development efforts to create commercially viable technologies to address those challenges. "In the fast-moving electronics industry, continual innovation is critical," said Rajeev Madhavan, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of 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. . "Lukas was instrumental in taking Blast Fusion(TM) from a concept to a production-ready software used worldwide. Now that our core product is well established, we're pleased to have Lukas focusing on the next generation of Magma solutions." "We founded Magma to eliminate the integration problems inherent in traditional point tool flows," Dr. van Ginneken said. "Having achieved our primary goal, we are responding to customer requests for an open, flexible and streamlined methodology that delivers reliable, working silicon. Magma intends to continue to innovate and address the challenges of creating multimillion-cell designs." Van Ginneken's previous experience includes work at Synopsys and at IBM's T.J. Watson Research Center in Yorktown Heights, N.Y., first as a visiting scientist and later to work on logic synthesis The conversion of a high-level electronic circuit description into a list of logic gates and their interconnections, called the "netlist." Every logic synthesis program understands some subset of Verilog and VHDL. and timing optimization of static and dynamic logic. He also spent time working with the Foundation for Fundamental Research on Matter in Utrecht, The Netherlands. Van Ginneken graduated cum laude cum lau·de adv. & adj. With honor. Used to express academic distinction: graduated cum laude; 25 cum laude graduates. in electrical engineering electrical engineering: see engineering. electrical engineering Branch of engineering concerned with the practical applications of electricity in all its forms, including those of electronics. from Eindhoven University of Technology The Eindhoven University of Technology (in Dutch: Technische Universiteit Eindhoven or TU/e, and formerly Technische Hogeschool Eindhoven or THE) is a university of technology located in Eindhoven, the Netherlands. in the Netherlands, where he also received a Ph.D. degree in electrical engineering. He has co-authored a book on simulated annealing simulated annealing - A technique which can be applied to any minimisation or learning process based on successive update steps (either random or deterministic) where the update step length is proportional to an arbitrarily set parameter which can play the role of a temperature. , published more than 20 research papers on logic synthesis and physical design, and has been granted several patents. About Magma Magma provides design and implementation software that enables chip designers to reduce the time it takes to design and produce complex integrated circuits used in the communications, computing, consumer electronics, networking and semiconductor industries. Its products, Blast Fusion(TM) and Blast Chip(TM), utilize a new methodology for deep submicron chip design that combines traditionally separate logic design and physical design processes into an integrated flow. This integrated flow significantly reduces timing closure iterations, which allows Magma's customers to accelerate the time it takes to design and produce deep submicron integrated circuits. Blast Plan(TM) works with Blast Fusion and Blast Chip to streamline the hierarchical planning and design of large chips and system-on-chips within a single environment. Blast Noise(TM) works with Blast Fusion and Blast Chip to actively detect potential noise problems and correct them during the physical design process. Magma's proprietary FixedTiming(R) methodology and single data model architecture are the technical foundation for Magma's Blast Fusion and Blast Chip products. The FixedTiming methodology allows Magma's products to reduce the timing closure iterations that are often required between the front-end and back-end In their most general meanings, the terms front end and back end refer to the initial and the end stages of a process flow. These terms acquire more special meanings in particular areas. processes in conventional integrated circuit integrated circuit (IC), electronic circuit built on a semiconductor substrate, usually one of single-crystal silicon. The circuit, often called a chip, is packaged in a hermetically sealed case or a nonhermetic plastic capsule, with leads extending from it for design flows. The single data model contains all of the logical and physical information about the chip design. Magma is headquartered in Cupertino, Calif. and is traded 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. The company maintains sales and support offices in Silicon Valley, Los Angeles, Orange County, San Diego, Austin, Boston, Germany, Israel, Japan, Korea, Taiwan and the United Kingdom. Corporate headquarters are at 2 Results Way, Cupertino, Calif., 95014. Visit Magma Design Automation on the Web at www.magma-da.com. Forward-Looking Statements Except for the historical information contained herein, the matters set forth in this press release, including statements as to Mr. van Ginneken's anticipated contribution to Magma in his new role, his research and development efforts to create commercially viable technologies, and Magma's intention to develop products to address the challenges of creating multimillion-cell designs, 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 Magma's ability to keep pace with rapidly changing technology, the risk that Magma's current and future products will not be commercially viable or that Magma's customers will not adopt current or future products and other risks detailed in Magma's Prospectus dated November 19, 2001 filed with the SEC and from time to time in Magma's SEC reports. These forward-looking statements speak only as of the date hereof. Magma disclaims any obligation to update these forward-looking statements. Note to Editors: Magma and FixedTiming are registered trademarks and Blast Chip, Blast Fusion, Blast Noise and Blast Plan are trademarks of Magma Design Automation. All other product and company names are trademarks and registered trademarks of their respective companies. |
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