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Mentor Graphics Names New Chief Information Officer

WILSONVILLE, Ore., January 12, 2007 – Mentor Graphics Corporation (Nasdaq: MENT) has named Ananthan Thandri chief information officer (CIO). Thandri was most recently at Oracle Corporation as vice president, Information Technology. At Oracle Thandri was responsible for the IT organization supporting the Server Technologies Division.

Prior to Oracle, Thandri worked for Cadence Design Systems for eleven years as vice president, Information Technology. At Cadence, Thandri implemented a variety of systems including SAP, Siebel, and a complete electronic fulfillment system. Prior to joining Cadence he held technical leadership roles at Mastech Corporation, ITC Ltd. and Fujitsu ICIM Ltd. Thandri has participated in several CIO conference panels throughout the United States. He was profiled in the January 2004 issue of Technology Venture Capital journal. Thandri graduated in mathematics from the University of Madras, India and holds an MBA from St. Mary’s College, California.

“We are delighted to welcome Ananthan to the Mentor team,” said Gregory K. Hinckley, president. “The combination of his strong background in information technology and his deep experience in electronic design automation makes him an excellent fit for Mentor Graphics.”

About 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 about $750 million and employs approximately 4,100 people worldwide. Corporate headquarters are located at 8005 S.W. Boeckman Road, Wilsonville, Oregon 97070-7777. World Wide Web site: http://www.mentor.com/.

Mentor Graphics is a registered trademark of Mentor Graphics Corporation. All other company or product names are the registered trademarks or trademarks of their respective owners.

For more information, please contact:
Ryerson Schwark
Mentor Graphics 503.685.1660
ry_schwark@mentor.com

Sarah Bartash
Mentor Graphics
503.685.0443
sarah_bartash@mentor.com