Magma Announces Fourth Quarter and Fiscal 2008 Financial Results Webcast

* Reuters is not responsible for the content in this press release.

Thu Apr 10, 2008 4:01pm EDT 

SAN JOSE, Calif., April 10, 2008 (PRIME NEWSWIRE) --

 WHAT:     Magma(r) Design Automation Inc. (Nasdaq:LAVA) will
           conduct a live webcast and conference call to review
           financial results for its fourth quarter, which ended
           April 6, 2008.

 WHEN:     The webcast and conference call will begin Thursday,
           May 1, 2008, at 2 p.m. PDT. Magma will release fourth
           quarter and fiscal year 2008 financial results after the
           market close on May 1.

 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
           May 8, 2008.

 PHONE:    Listen to the live call by telephone at the numbers below:
             U.S. & Canada:  (877) 502-9272
             Elsewhere:      (913) 981-5597

           A telephone replay will be available beginning at
           5 p.m. PDT on May 1 until 11:59 p.m. PDT on May 8 at the
           numbers below:
             U.S. & Canada:  (888) 203-1112, code #8572405
             Elsewhere:      (719) 457-0820, code #8572405
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 Inc.

LAVA-F

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