Mentor Graphics Opens Entries for 2003 PCB Technology Leadership Awards Scholarship.

Business Editors, Technology Writers

WILSONVILLE, Ore.--(BUSINESS WIRE)--Oct. 30, 2002

Mentor Graphics Corporation (Nasdaq: MENT) today announced it is accepting entries for its 2003 PCB Technology Leadership Awards University Scholarship.

Co-sponsored by HP, the scholarship

"Mentor Graphics is committed to educating tomorrow's engineers and technology leaders," said Shanthi Pattison, manager, Higher Education Program, Mentor Graphics. "The PCB Technology Leadership Awards Scholarship recognizes excellence in the area of PCB design and we greatly appreciate HP sharing our enthusiasm for this excellent opportunity."

The University Scholarship is open to any full-time undergraduate or graduate student (or team of students) at a college or university participating in the Mentor Graphics Worldwide Higher Education Program. A panel of industry-leading expert judges will evaluate each entry for innovation, complexity, physical design and aesthetics. University & Training Category entries are due December 10, 2002, and award winners will be notified on or before January 31, 2003.

"Innovation and educational development are key corporate objectives for HP," said Norm Reini, global business manager, HP Workstation Global Business Unit. "The electronics industry depends on highly-skilled and trained engineers and this scholarship encourages and rewards excellence and innovation in university programs."

Through its Higher Education Program, Mentor Graphics offers more than 550 colleges and universities worldwide a way to acquire commercial electronic design automation (EDA) software for classroom instruction and academic research, to help ensure that engineering graduates are proficient with state-of-the-art tools and techniques.

The scholarship is a subset of the Mentor Graphics 2003 PCB Technology Leadership Awards program, the longest running awards program for PCB designers in the EDA industry. For more information on the Mentor Graphics Higher Education Program and the 2003 PCB Technology Leadership Awards Scholarship visit: www.mentor.com/partners/hep.

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 $600 million and employs approximately 3,700 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. All other company or product names are the registered trademarks or trademarks of their respective owners.