[November 23, 2009] Hynix Standardizes on Magma's FineSim Pro and FineSim SPICE for Full-Chip Verification of Large Memory Designs Tweet (GlobeNewswire Via Acquire Media NewsEdge) SAN JOSE, Calif., Nov. 23, 2009 (GLOBE NEWSWIRE) -- Magma(R) Design Automation Inc. (Nasdaq:LAVA), a provider of chip design software, announced today that Hynix Semiconductor Inc., a leading provider of memory products, has adopted and deployed FineSim(TM) Pro and FineSim SPICE as an integral part of its memory design and verification flow. Hynix standardized on Magma's advanced circuit simulation technology after an extensive evaluation involving a number of commercially available products and many different types of designs. The results of the evaluation demonstrated FineSim Pro's ability to deliver performance 3 times to 4 times faster than competitive products while increasing accuracy. "The ability to deliver highly reliable memory products on time is critical to our success in the memory market," said Sang Il, senior MTS in Hynix's Computer-Aided Engineering Group. "We found through our evaluation that FineSim Pro and FineSim SPICE deliver best-in-class accuracy and performance, and help us meet our time-to-market goals by improving design verification productivity. FineSim Pro is easier to use than other products and achieves excellent results with default options out of the box, which allows us to dramatically increase our verification throughput during the design and sign-off phases of our flow. We're impressed with FineSim Pro's ability to deliver full-chip simulation capacity and to improve performance by 3X to 4X without sacrificing accuracy. And FineSim SPICE's linear scalability over multiple CPUs enables us to produce SPICE-accurate results for large memories with full parasitic annotation." "Hynix's decision to deploy FineSim Pro and FineSim SPICE for their memory designs highlights the tools' abilities to offer significantly higher capacity and truly scalable multi-CPU performance while delivering silicon-accurate results," said Anirudh Devgan, general manager of Magma's Custom Design Business Unit. "With the increased performance offered by FineSim Pro, Hynix can dramatically improve verification throughput, reducing design and manufacturing costs, increasing profit margins and enabling Hynix to reach their time-to-market goals." About Magma Magma's electronic design automation (EDA) software provides the "Fastest Path to Silicon"(TM) and enables the world's top chip companies to create high-performance integrated circuits (ICs) for cellular telephones, electronic games, WiFi, MP3 players, digital video, networking and other electronic applications. Magma products are used in IC implementation, analog/mixed-signal design, analysis, physical verification, circuit simulation and characterization. The company maintains headquarters in San Jose, Calif., and offices throughout North America, Europe, Japan, Asia and India. Magma's stock trades on Nasdaq under the ticker symbol LAVA. Follow Magma on Twitter at www.Twitter.com/MagmaEDA and on Facebook at www.Facebook.com/Magma. Visit Magma Design Automation on the Web at www.magma-da.com. Magma is a registered trademark, and FineSim and "Fastest Path to Silicon" are trademarks of Magma Design Automation Inc. All other product and company names are trademarks or registered trademarks of their respective companies. Forward-looking statements: Except for the historical information contained herein, the matters set forth in this press release including statements that FineSim SPICE and FineSim Pro provides better accuracy and faster runtime than other circuit simulation products, shortens turnaround time and reduces development costs are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including but not limited to Magma's ability to keep pace with rapidly changing technology and the company's products' abilities to produce desired results and Hynix's decision to continue using FineSim SPICE and FineSim Pro. Further discussion of these and other potential risk factors may be found in Magma's public filings with the Securities and Exchange Commission (www.sec.gov). Magma undertakes no additional obligation to update these forward-looking statements. CONTACT: Magma Design Automation Inc. Monica Marmie, Director, Marketing Communications (408) 565-7689 [email protected] 2009 GlobeNewswire, Inc. [ Back To TMCnet.com's Homepage ]