Magma Announces Second Quarter Fiscal 2008 Financial Results Webcast

SAN JOSE, Calif., - October 4, 2007 –

WHO: Magma® Design Automation Inc. (Nasdaq: LAVA).

WHAT: Live webcast and conference call to discuss financial results for Magma’s fiscal 2008 second quarter, ended Oct. 1, 2007. The call will be hosted by Rajeev Madhavan, chief executive officer; Roy E. Jewell, president and chief operating officer; and Peter S. Teshima, chief financial officer.

WHEN: The webcast and conference call will be Thursday, Oct. 25, 2007, at 2 p.m. PDT. Magma will release its second quarter financial results after the market closes on Oct. 25.

WEBCAST: The live webcast will be available online at http://investor.magma-da.com/medialist.cfm. A replay of the webcast will be available on Magma’s website through Nov. 1, 2007.

PHONE: Listen to the live call by telephone at the numbers below:
U.S. & Canada: (888) 211-4461
Elsewhere: (913) 312-0657

A telephone replay will be available beginning at 5 p.m. PDT on Oct. 25 until 11:59 p.m. PDT on Nov. 1 at the numbers below:
U.S. & Canada: (719) 457-0820, code #8913439
Elsewhere: (888) 203-1112, code #8913439


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”™ 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.


Contacts:

Milan G. Lazich
Magma Design Automation Inc.
Vice President, Corporate Marketing
Tel: (408) 565-7706
E-mail: Email Contact

Monica Marmie
Director, Marketing Communications
Tel: (408) 565-7689
E-mail: Email Contact



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