Synopsys Confirms Receipt of Notice From IKOS Regarding Mentor Graphics Merger Proposal

3/5/2002 - Synopsys, Inc. (Nasdaq:SNPS) today confirmed that it has received notice from IKOS Systems, Inc. (Nasdaq:IKOS), stating that IKOS desires to enter into a merger agreement with Mentor Graphics Corporation. Under the existing Synopsys-IKOS merger agreement, the delivery of this notice means that, subject to certain conditions, IKOS may be able to terminate the Synopsys - IKOS merger agreement after 6 p.m. PST on Monday, March 11, 2002.

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