Flextronics Semiconductor partners with Magma and eASIC on comprehensive and affordable Structured ASIC Solutuion

The Alliance Promotes Fast-Turn Structured ASIC Solution Integrating High-Performance Silicon, Powerful Design Tools Suite and Low-Risk Manufacturing

Santa Clara, California, June 7, 2004 -- Flextronics Semiconductor, a business unit of Flextronics, the world’s leading Electronics Manufacturing Services (EMS) provider, has partnered with Magma® Design Automation Inc. (NASDAQ: LAVA) and eASIC® Corporation to provide an optimal structured ASIC solution.

“There is a need in the market for quick turn-around time ASIC solutions with lower development costsfor EDA tools that caters to the structured ASIC market with ASIC flow and FPGA-like ease of use” said Elli Yaniv, General Manager, Flextronics Semiconductor. “Our partnership with eASIC, an innovative structured ASIC technology company and Magma, a leading EDA tool provider, will enable us to address the growing demand for quick turn-around time, low cost ASIC solutionswill meet this need.”

“We are extremely pleased to partner with Flextronics and Magma to introduce to the market a complete Structured ASIC solution, from RTL to manufacturing,” said Zvi Or-Bach, eASIC President and CEO. “Our customers can enjoy very low-cost ASICs with reduced development cycles by using the winning combination of eASIC’s innovative technology, Flextronics’ world-class design and manufacturing service expertise, and Magma’s state-of-the-art design tools. This partnership highlights our commitment to customer success and further validates the significance of eASIC’s technology and the crucial market need for an alternative solution to Standard Cell or FPGA.”

“Magma partnered with Flextronics and eASIC to enable a complete, low-cost RTL-to-GDSII ASIC solution designed specifically for eASIC Via programmable architecture,” said Behrooz Zahiri, director of marketing at Magma. “The combination of Magma’s structure-specific FPGA optimization capabilities and ASIC technologies offers a high quality and predictable solution within a single unified environment.”

Magma’s Blast SA™ is the first complete RTL-to-GDSII solution for structured-ASIC designs. Blast SA builds on the production-proven gain-based synthesis technologies in Blast Create, Blast Fusion®, and Magma’s unified data model. It supports structure-specific RTL synthesis, physical synthesis, DFT designs, clock generation and noise-aware routing for multiple types of structured ASICs in nanometer technologies, and provides a fast and predictable path from RTL to structured ASIC silicon.

For a Structured ASIC implementation demonstration, visit the Magma booth #3919 at DAC 2004 from June 7th to June 11th at the San Diego Conference Center.

About Flextronics Semiconductor

Flextronics Semiconductor, a business unit of Flextronics, provides ASIC products and IC design services. ASIC products include full system-on-chip (SoC), standard cell and gate array ASIC (digital, analog, and mixed-signal). IC design services include FPGA conversion, ASIC retargeting and back-end IC design capabilities. Flextronics Semiconductor has design centers worldwide that work with customers to deliver system-level solutions in silicon, increasing functionality and reliability while reducing cost.

For more information, please visit www.flextronicssemi.com.

About Magma Design Automation

Magma provides leading software for designing highly complex integrated circuits while maximizing quality of results with respect to area, timing and power, and at the same time reducing overall design cycles and costs. Magma provides a complete RTL-to-GDSII design flow that includes design planning, prototyping, synthesis, place & route, and signal and power integrity chip design capabilities in a single executable, offering “The Fastest Path from RTL to Silicon”™. Magma’s software also includes products for advanced physical synthesis and architecture development tools for programmable design platforms; capacitance extraction; and characterization and modeling. The company’s stock trades on NASDAQ under the ticker symbol LAVA.

Visit Magma Design Automation on the Web at www.magma-da.com.

Magma, Blast SA and “The Fastest Path from RTL to Silicon” are trademarks of Magma Design Automation Inc. All other product and company names are trademarks and registered trademarks of their respective companies.

About eASIC

eASIC® has developed a breakthrough Structured ASIC technology aimed at dramatically reducing the overall fabrication cost and time of customized high-performance semiconductor chips. eASIC’s technology enables rapid and low-cost ASIC and System-on-Chip designs by its innovative use of proven programmable logic fabric in conjunction with single-via customizable segmented routing. As single-via generates ten times higher throughput of Direct-write e-Beam customization, it enables eASIC to offer NRE-free Structured ASIC. The Structured eASIC technology was successfully proven in silicon and validated by world-class semiconductor vendors. Partnering with industry leaders to jointly develop, manufacture and market Structured ASIC products, the company is positioned to become the preferred Structured ASIC solution.

Headquartered in San-Jose California, eASIC Corporation is a privately held company, founded in 1999 by Zvi Or-Bach, the founder of Chip Express, who led the invention of Structured ASIC technology.
www.eASIC.com