Mentor Graphics Selects New Director for Board

5/23/2003 - Mentor Graphics Corporation (Nasdaq: MENT) announced that Patrick McManus has joined the company's Board of Directors.

"We are pleased to have Pat join Mentor's Board of Directors," states Walden C. Rhines, Mentor's chairman and CEO. "The depth of his executive-level financial, business and management skills will be a valuable addition to the Board."

McManus, 64, retired from Charles Schwab as its senior vice president of finance. Prior to that, he held executive-level finance and management positions at companies including Pacific Express Airlines, Acurex Solar Corporation, Itel Corporation and Univest Venture Capital. He holds an MBA from Stanford University and a bachelor's degree from Dartmouth.

Mentor Graphics Corporation (Nasdaq: MENT) is a world leader in electronic hardware and software design solutions, providing products, consulting services and award-winning support for the world's most successful electronics and semiconductor companies. Established in 1981, the company reported revenues over the last 12 months of about $600 million and employs approximately 3,500 people worldwide. Corporate headquarters are located at 8005 S.W. Boeckman Road, Wilsonville, Oregon 97070-7777; Silicon Valley headquarters are located at 1001 Ridder Park Drive, San Jose, California 95131-2314. World Wide Web site:

Mentor Graphics is a registered trademark of Mentor Graphics Corporation.

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