HSINCHU, Taiwan and SAN JOSE, Calif., Jan. 10, 2011 (GLOBE NEWSWIRE) --
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.

Magma is a registered trademark and "Fastest Path to Silicon" is a
trademark of Magma Design Automation. All other product and company
names are trademarks and registered trademarks of their respective
companies.

Forward-Looking Statements:

Except for the historical information contained herein, the matters set
forth in this press release 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.


CONTACT: Magma Design Automation Inc.
         Monica Marmie
         Director, Corporate Marketing
         (408) 565-7689
         mmarmie@magma-da.com