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SAN JOSE, Calif.--(BUSINESS WIRE)--June 29, 2001--Altera Corporation has been honored as one of the 100 best performing technology companies in the world by Business Week. The prestigious InfoTech 100 list recognizes companies that manage their internal operations efficiently as well as grow their business by selling products and services that likewise improve their customers' product technologies and bottom lines. The much-anticipated issue can be found on www.businessweek.com.

``We are proud to have been included in a list of the world's best global technology companies,'' said Erik Cleage, senior vice president of marketing at Altera. ``It is a business imperative at Altera that we drive efficiencies within our own operations as well as offer those same efficiencies to our customers through the intrinsic value of programmable logic. Our strategy has always been to zero in on our customers' needs, execute successfully on our business model and continue to be on the leading edge of programmable logic technology.''

Altera has established clear technology leadership this year through its system-on-a-programmable-chip (SOPC) strategy. High impact, first to market products such as Excalibur(TM), the industry's first embedded processor product and Mercury(TM), the world's first programmable ASSP are gaining significant momentum in design wins.

``Our product momentum, coupled with the strategic partnerships we are forging with our customers make for a powerful combination,'' continued Cleage. ``Our customers continue to be a prime beneficiary of our ongoing success.''

About Altera

Altera Corporation, The Programmable Solutions Company®, was founded in 1983 and is a leading supplier of programmable logic devices (PLDs). Altera's CMOS-based PLDs are user-programmable semiconductor chips that enhance flexibility and reduce time-to-market for companies in the communications, computer peripheral, and industrial markets. By using high performance devices, software development tools, and sophisticated intellectual property cores, system-on-a-programmable-chip (SOPC) solutions can be created with embedded processors, memory, and other complex logic together on a single PLD. Altera common stock is traded on the Nasdaq Stock Market under the symbol ALTR. More information on Altera is available on the Internet at http://www.altera.com.

Forward-Looking Statement

Statements in this press release which are not historical are ``forward-looking statements,'' as the term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally written in the future tense and/or preceded by words such as ``will'' or words that imply or predict a future state such as ``expects'' or ``intend.'' Investors are cautioned that all forward-looking statements in this release involve risks and uncertainty which can cause actual results to differ from those currently anticipated, due to a number of factors, including without limitation the risk that future performance is dependent on market acceptance of the company's products, changing economic conditions, and other risk factors discussed in documents filed by the company with the Securities and Exchange Commission from time to time.

Note to Editors: Altera, The Programmable Solutions Company, Excalibur, Mercury, and the stylized Altera logo are trademarks and/or service marks of Altera Corporation in the U.S. and other countries.

     Altera Corp.
     Anna del Rosario, 408/544-7496
     adelrosa@altera.com