MENT Mentor Graphics Corp.

NEPCON China 2010 -- Mentor Graphics Corporation (NASDAQ: MENT) today announced that it has received the EMAsia Innovation Award for the Valor® MSS manufacturing systems solution suite for PCB assembly in the Software/Production Management Systems category. Mentor's Valor Division was formerly Valor Computerized Systems, Ltd. The award was presented to the company during an April 21, 2010 ceremony that took place at the Shanghai Everbright Convention and Exhibition Center during NEPCON China 2010.

Established in 2006, the EMAsia Innovation Awards program strives to recognize and celebrate excellence in the Asian electronics industry, inspiring companies to achieve the highest standards and push the industry forward.

"We believe that the new Valor MSS will bring our clients unprecedented benefits of achieving high-quality, low cost and fast delivery in the current electronics manufacturing market," commented KH Ong, PacRim regional business manager, Valor Division of Mentor Graphics. "We are pleased to accept this award and will continue our efforts in introducing more innovations to support industry development."

An industry first, Valor's complete interoperable manufacturing execution suite is designed to integrate solutions that will assist manufacturers in the design, planning, monitoring, control, scheduling, box build, traceability, test and rework processes. The product suite is set to provide a long-awaited software solution that encompasses the entire production process, from the receipt of goods into the production inventory locations, through to PCA assembly and test, full system assembly and test, right through to the final packing of the finished goods ready for shipment.

The components of the Valor MSS software suite include:

• vPlan -- for complete SMT planning, programming and data management, multi-vendor line balancing, program optimization and process setup documents
• vManage -- for complete SMT/PCB material control, material verification and traceability, and warehouse management, including a unique just-in-time material kitting and delivery module using real-time consumption as part of shop-floor management solutions
• vCheck -- a complete PCB quality management solution with AOI/ICT direct interfaces, enforced WIP tracking, repair loop monitoring and control, paperless factory -- including synchronized delivery of detailed work instructions for board and system level assembly -- and full-quality data collection with a business intelligence infrastructure, enabling Web-based dynamic reporting for full system genealogy

For more information on Mentor Graphics PCB and Valor products, visit the company website at www.mentor.com/valor.

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 $800 million and employs approximately 4,425 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 and Valor are registered trademarks. All other company or product names are the registered trademarks or trademarks of their respective owners).

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For more information, please contact: Larry Toda Mentor Graphics 503.685.1664 larry_toda@mentor.com Suzanne Graham Mentor Graphics 503.685.7789 suzanne_graham@mentor.com