SAN JOSE, Calif., Aug. 17, 2009 (GLOBE NEWSWIRE) -- Magma(r) Design Automation Inc. (Nasdaq:LAVA), a provider of chip design software, today announced the promotion of Carl Burrow to vice president of North America Sales. Burrow most recently managed sales in Magma's U.S. South region and will report to Roy E. Jewell, Magma president and chief operating officer.
"Carl has demonstrated continued, progressive success in a range of sales management roles since he came to Magma," Jewell said. "His teams have cultivated and expanded relationships with some of the top technology leaders in the semiconductor industry, and those engagements have contributed significantly to Magma's success. I expect he will continue that track record now that his responsibility encompasses sales for all of North America."
Burrow has been with Magma for 6 years, joining the company when it acquired EDA startup Aplus Design Technology in 2003. His prior experience includes 8 years in Texas Instruments' Semiconductor Division, where he began as a product marketing engineer and eventually served as a district sales manager. He later spent 9 years with Actel Corporation -- a period that included revenue growth from $21 million to $226 million and the company's initial public offering -- eventually serving as vice president of Worldwide Marketing and vice president of Worldwide Sales. This was followed by his move to Aplus, where he served as vice president of Worldwide Sales.
Burrow holds a master's degree in business administration from Amberton University in Dallas and a bachelor's degree in Computer Science from Missouri University of Science and Technology.
About Magma
Magma's electronic design automation (EDA) software is used to create complex, high-performance integrated circuits (ICs) for cellular telephones, electronic games, WiFi, MP3 players, DVD/digital video, networking, automotive electronics and other electronic applications. Magma products for IC implementation, analog/mixed-signal design, analysis, physical verification, circuit simulation and characterization are recognized as embodying the best in semiconductor technology, providing the world's top chip companies the "Fastest Path to Silicon(tm)." Magma 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. Visit Magma Design Automation on the Web at www.magma-da.com.
Magma is a registered trademark and "Fastest Path to Silicon" is a trademark of Magma Design Automation. All other product and company names are trademarks and registered trademarks of their respective companies.
Forward-Looking Statements:
Except for the historical information contained herein, the matters set forth in this press release 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. 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.