Mentor Graphics Receives Early Termination of Waiting Period Under the Hart-Scott-Rodino Act for the Proposed Acquisition of Innoveda, Inc.

5/17/2002 - Mentor Graphics Corporation (Nasdaq: MENT) today announced that on May 16, 2002, it received early termination of the waiting period required under the Hart-Scott-Rodino Act in connection with the previously announced proposed acquisition of Innoveda, Inc. (Nasdaq: INOV). Pursuant to an all cash tender offer, Mentor Graphics is offering to acquire Innoveda for $3.95 in cash per share of Innoveda common stock. Mentor Graphics' offer is scheduled to expire at 12:00 Midnight, New York City time on Tuesday, May 28, 2002, unless extended.

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