SAN JOSE, Calif., March 27, 2008 (PRIME NEWSWIRE) -- Magma(r) Design Automation Inc. (Nasdaq:LAVA), a provider of chip design software, today announced that Hynix Semiconductor, the world's top-tier memory semiconductor supplier offering Dynamic Random Access and Flash memory chips, used Magma's integrated digital IC implementation system to tape out Hynix' 16-Gb flash memory design. With Magma's software, Hynix was able to overcome timing-closure issues on the sensitive control logic in this nanometer design while reducing turnaround time by 30 percent.
"Hynix has utilized a full custom design flow for our top-tier flash memory devices," said Choi Woo-Sick, senior engineer in Hynix's Computer-Aided Engineering Group. "By providing an advanced, automated flow, Magma allowed us to successfully implement our flash device, cut turnaround time significantly and maximize our engineering resources."
"Switching to Magma's automated flow was an important and strategic move for Hynix, dramatically reducing turnaround time with our timing-closure capability while also providing a smooth, quick transition from their existing flow through our customizable MTcl interface," said Kam Kittrell, general manager of Magma's design implementation business unit. "To ensure their success, our engineers worked closely with theirs to set up the flow and complete the design. We're pleased that they were able to leverage our world-class support and advanced digital implementation software for the success of this design."
About Magma
Magma's software for designing integrated circuits (ICs) is used to create complex, high-performance chips required in cellular telephones, electronic games, WiFi, MP3 players, DVD/digital video, networking, automotive electronics and other electronic applications. Magma's EDA software for IC implementation, analysis, physical verification, circuit simulation and characterization is recognized as embodying the best in semiconductor technology, enabling the world's top chip companies to "Design Ahead of the Curve"(tm) while reducing design time and costs. 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.
Magma is a registered trademark and "Design Ahead of the Curve" 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, including statements that Magma software reduces turnaround time and achieves timing closure, and about the features and benefits of Magma software 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 and Hynix' abilities to keep pace with rapidly changing technology, the companies' products' abilities to produce desired results and Hynix' decision to continue using Magma software. 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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