Magma Announces Earnings Call for Third Quarter of Fiscal 2005

    Business Editors/High-Tech Editors

    SANTA CLARA, Calif.--(BUSINESS WIRE)--Jan. 7, 2005--Magma Design Automation Inc. (Nasdaq:LAVA):

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

WHAT: Live webcast and conference call to discuss financial results for the company's fiscal 2005 third quarter, ended Dec. 31, 2004. The call will be hosted by Rajeev Madhavan, chief executive officer; Roy E. Jewell, president and chief operating officer; and Greg Walker, chief financial officer.

WHEN: The conference call and webcast will be Thursday, Jan. 27, 2005 at 2 p.m. PST (5 p.m. EST). Magma will release financial results for its third quarter after the market closes on Jan. 27, 2005.

WHERE: The webcast can be accessed live from the "Investor Relations" section of Magma's website at http://investor.magma-da.com/home.cfm. A replay of the webcast will be available on Magma's website through Feb. 3, 2005.

To listen to the live call by telephone call either of the numbers below: United States & Canada: (800) 661-8947, conference ID #3274289 Outside U.S. & Canada: (706) 634-2358, conference ID #3274289

Following completion of the call, a telephone replay will be available through Feb. 3, 2005 by calling either of the numbers below: United States & Canada: (800) 642-1687, conference ID #3274289 Outside U.S. & Canada: (706) 645-9291, conference ID #3274289

Magma is a registered trademark of Magma Design Automation Inc.

--30--JT/sf*

CONTACT: Magma Design Automation Inc. Milan G. Lazich, 408-565-7706 milan.lazich@magma-da.com

KEYWORD: CALIFORNIA INDUSTRY KEYWORD: HARDWARE TELECOMMUNICATIONS SOFTWARE NETWORKING EARNINGS CONFERENCE CALLS EDA SOURCE: Magma Design Automation Inc.

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