Magma Schedules Third Quarter Earnings Call and Webcast for Feb. 25, 2010

SAN JOSE, Calif., Feb. 4, 2010 (GLOBE NEWSWIRE) --

 WHAT:    Magma(R) Design Automation Inc. (Nasdaq:LAVA) will conduct
          a live webcast and conference call to review financial
          results for its third quarter ended Jan. 31, 2010.

 WHEN:    The webcast and conference call will be Thursday,
          Feb. 25, 2010, at 2 p.m. PST. Magma will release third-
          quarter financial results after Nasdaq trading closes on
          Feb. 25, 2010.

 WHO:     Rajeev Madhavan, chief executive officer; Roy E. Jewell,
          president and chief operating officer; and Peter S. Teshima,
          chief financial officer, will host the call.

 WEBCAST: The live webcast will be available online at
          http://investor.magma-da.com/events.cfm. A replay of the
          webcast will be available on Magma's website through
          March 4, 2010.

 PHONE:   Listen to the live call by telephone at the numbers below:
             U.S. & Canada:  (888) 710-4002
             Elsewhere:  (913) 312-0938

          A telephone replay will be available beginning at 5 p.m. PST
          on Feb. 25, 2010 until 11:59 p.m. PST on March 4, 2010 at
          the numbers below:
             U.S. & Canada:  (888) 203-1112, code #7476916
             Elsewhere:  (719) 457-0820, code #7476916

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 Inc.

CONTACT:  Magma Design Automation Inc.
          Press Relations
          Monica Marmie, Director, Marketing Communications
            (408) 565-7689
            mmarmie@magma-da.com
          Investor Relations
          Milan G. Lazich, Vice President, Corporate Marketing
            (408) 565-7706
            milan.lazich@magma-da.com