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Mentor Graphics Donates Cash and Volunteer Hours to Schools

WILSONVILLE, Ore., Sept. 26 -- Mentor Graphics® (Nasdaq: MENT) today announced that it will donate over $10,000 to schools in Oregon, California and Pennsylvania, to reward and encourage employee volunteerism in schools. Mentor Graphics employees earned the funds for the school of their choice by volunteering at the school and participating in the company's K-12 Volunteer Grant Program.

``Mentor Graphics advocates and supports employee involvement with schools across the country,'' said Walden C. Rhines, Mentor Graphics president and CEO. ``It is important that businesses partner with education to develop top-tier educational programs for our young people.''

The company is holding a recognition ceremony for employees on Tuesday, September 26 to honor employees who collectively volunteered a total of over 2,000 hours in the last school year.

Oregon schools that will receive donations are: Archbishop Howard School in Portland, Mountain View Middle School of Beaverton, Lakeridge High School, Oak Creek Elementary and Palisades Elementary in Lake Oswego, North Marion Intermediate in Aurora, Redland School in Oregon City, Pacific Northwest Academy in West Linn, Archer Glen Elementary in Sherwood, and Boeckman Creek and Wilsonville Primary in Wilsonville. Foothill Intermediate School in San Jose, Calif., General Wayne Middle School in Malvern, PA and Red Lion Jr. High in Red Lion, PA will also receive donations.

Through the K-12 Volunteer Grant Program, the Mentor Graphics Foundation donates $500 for the first 100 hours an employee volunteers at a school, and $100 for each 20-hour increment after that. The hours may be accumulated through work at one school or may be divided among two or more schools within the same school district or private school system.

Volunteer activities include school-to-work programs, tutoring or mentoring, job shadows, participation in a career day, and in-class presentations such as those given during National Engineers Week.

About Mentor Graphics Foundation

Mentor Graphics Corporation donates one percent of its yearly after-tax profits to the Mentor Graphics Foundation. The Foundation was established to ensure the communities within which Mentor Graphics employees reside and work gain from Mentor's presence, and to support education and the development of quality education programs in those communities. To apply for a grant for your organization or institution, please send requests in writing only to the Mentor Graphics Foundation at 8005 SW Boeckman Rd., Wilsonville, OR 97070-7777. In 1999, the Foundation donated over $200,000 to Education, Civic, Arts, Health and Human Services, and Environmental organizations.

About Mentor Graphics

Mentor Graphics Corporation is a world leader in electronic hardware and software design solutions, providing products and consulting services for the world's largest electronics and semiconductor companies. Established in 1981, the company reported revenues over the last 12 months of more than $500 million and employs approximately 2,600 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: www.mentor.com.

NOTE: Mentor Graphics is a registered trademark of Mentor Graphics Corporation.

CONTACT: Patti Atkins of Mentor Graphics, 503-685-1165, or patti_atkins@mentor.com; or Dean Rodgers of Benjamin Group/BSMG Worldwide, 503-283-8800, or dean_rodgers@benjamingroup.com, for Mentor Graphics.






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