Magma Expands Presence in Asia With Office in Korea

10/10/2002 - Magma Design Automation, a provider of chip design solutions, announced it has established sales and support offices in Korea to support its major customers in the Korean market.

"With growing domestic market demand, government initiatives to develop the system LSI design capability, and leading semiconductor companies located there, Korea is an important market in the emerging Asia-Pacific semiconductor industry," said Lung Chu, vice president of Asia-Pacific Operations for Magma Design Automation. "By establishing the new Korean office Magma is committing resources to provide advanced EDA solutions and expert technical support to customers as they grow together with Korea's semiconductor industry."

Magma's Korea office will be in Seoul and will be headed by Y.G. Jung, recently named regional sales director of Magma's Korea operations. Prior to joining Magma, Jung was the sales manager of Synopsys Korea where he was responsible for many major accounts. He previously held sales positions with Antrim, Texas Instruments, Mentor Graphics and LG in Korea.

"I'm impressed with Magma technology and its proven ability to achieve timing closure on deep-submicron designs when conventional tools cannot," Jung said. "I look forward to working with Korean customers to deploy Magma tools to improve their productivity on multimillion-gate, high-speed ICs."

"The Magma Korea team has a solid understanding of customer needs and an impressive track record in Korea," Chu said. "I'm confident that this team can help expand Magma's business in Korea."

About Magma Design Automation
Magma software is used to design fast, multimillion-gate integrated circuits, enabling chip designers to reduce the time required to produce complex ICs. Magma's products for prototyping, synthesis, and place & route provide a single executable for RTL-to-GDSII chip design. The company's Blast FusionTM, Blast Chip®, Blast PlanTM, Blast Noise® and Blast PrototypeTM products utilize Magma's proprietary FixedTiming® methodology and single data model architecture to reduce the timing-closure iterations often required between the logic and physical processes in conventional IC design flows. Magma's Diamond SITM also leverages the single data model architecture to provide an integrated, standalone platform for post-layout, sign-off-quality signal integrity verification.

Magma maintains headquarters in Cupertino, Calif., as well as sales and support facilities in Silicon Valley, Los Angeles, Orange County and San Diego, Calif.; Boston, Mass.; Durham, N.C.; Austin and Dallas, Texas; Newcastle, Wash.; and in Canada, Germany, Israel, Japan, Korea, The Netherlands, Taiwan and the United Kingdom. The company's stock trades on Nasdaq under the ticker symbol LAVA.

Magma, Blast Chip, Blast Noise and FixedTiming are registered trademarks and Blast Fusion, Blast Plan, Blast Prototype and Diamond SI are trademarks of Magma Design Automation.

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