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Mentor Graphics Appoints New Emulation R&D Director, Expands Research Team

WILSONVILLE, Ore.--(BUSINESS WIRE)--Aug. 29, 2001--Mentor Graphics Corporation (Nasdaq:MENT) today announced that Philippe Vallet has been named head of R&D for the company's Meta Systems emulation division, located in Les Ulis, France.

The appointment is part of a broader investment in R&D for advanced work on emulation technology. R&D staffing in Mentor's emulation division has increased by 45 percent since January of 2001.

Vallet, 54, has over 25 years of R&D experience, including several senior executive positions. Previous positions include head of the R&D center of the servers division of Bull. Most recently he was in charge of hardware development of the Bull open systems division, where he used Meta emulators to validate large ASIC designs with gate capacities ranging from 100k to 30 million. Vallet holds an engineering degree from L'Ecole des Mines in Nancy, France.

``I joined Mentor's emulation division because the cuttng-edge technology that is being developed here represents an exciting opportunity,'' noted Vallet. ``I've used the Meta emulators as a customer, so I know what they can do. I am really looking forward to working on the next generation of this technology.''

The Meta Systems division continues to expand its international team of R&D engineers, several of whom hold Ph.Ds. The R&D group now totals over 50, with more still being recruited. Frederic Reblewski, Meta Systems founder who was instrumental in the development of Meta's industry-leading technology, continues to serve as chief scientist.

``Emulation is important to Mentor's strategic vision, and we plan to continue investing to support advances in this technology, because we anticipate more and more customers turning to emulation to solve the verification bottleneck in large complex designs,'' said Walden C. Rhines, president and CEO of Mentor Graphics.

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 more than $600 million and employs approximately 2,975 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.

Mentor Graphics is a registered trademark of Mentor Graphics Corporation.


Contact:
     Mentor Graphics
     Ry Schwark, 503/685-1660
     ry_schwark@mentor.com
     or
     Mentor Graphics - Meta Systems Division
     Marie-Dominique Picasso, +33 1 64 86 61 12
     marie-dominique_picasso@mentor.com

Copyright 2001, Internet Business Systems, Inc.
1-888-44-WEB-44 --- marketing@ibsystems.com