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For Release: June 27, 2001

Altera and Logic Product Development, Inc. Partner to Make Cutting-Edge Product Concepts a Reality

Logic Product Development Joins the Altera Consultant Alliance Program to Expand the Reach of its High-Tech Product Design

San Jose, Calif., June 25, 2001 -- Altera Corporation (Nasdaq: ALTR) today certified Logic Product Development, Inc., a fully integrated product development-consulting firm, as the newest member of the Altera Consultant Alliance Program (ACAP®). ACAP provides customers with easy access to a worldwide network of certified design consultants with expertise in Altera's system-on-a-programmable-chip (SOPC) solutions including programmable logic devices (PLDs), design tools, and IP integration.

"We are driven to provide leading-edge technology while delivering products to our customers on time and on budget," said Scott Wilken, director of ASIC and FPGA Design at Logic Product Development. "Altera products have always been crucial to this, but now that we are part of ACAP we are in an even better position to meet those goals."

Logic's teams use Altera SOPC solutions to chart the safest, most effective path to production. The teams analyze engineering trade-offs to determine the best solution and create prototypes and ultimately finished products.

"Altera is committed to being a valuable resource to Logic Product Development's efforts to analyze, define, and create innovative products that establish early market presence and enlarge earnings potential for our joint customers," said Craig Lytle, vice president of Altera's intellectual property business unit. "Our relationship with Logic Product Development as an ACAP partner signifies our continuing commitment to teamwork with our customers and with the industry."

Altera recognizes that increasing PLD densities drive more complex designs, which in turn increases the need to support designers with the tools and expertise that will increase productivity and meet the growing demand for expert outsourced design assistance.

About ACAP

ACAP provides customers with access to a diverse group of engineering consultants who possess expertise in Altera's device architectures and tools, as well as a proven ability to accelerate complex PLD design schedules that meet each customer's time-to-market requirements. Consultants are provided with on-going training to keep them up-to-date with Altera SOPC solutions.

About Logic Product Development

A fully integrated product development consulting firm, Logic Product Development creates superior value and competitive advantages for clients seeking design solutions. By integrating consumer needs and client capabilities, Logic generates award-winning, market-smart solutions with the latest technology and fastest time-to-market. For more information on Logic visit www.logicpd.com.

Altera created the Altera Consultants Alliance Program to provide Altera customers with superior engineering consultants who possess expertise in Altera's device SOPC product solutions and a proven ability to accelerate complex PLD design schedules to facilitate customer time-to-market needs. Altera's ACAP is made up of a diverse group of consultants who can help Altera customers accelerate their design cycle times. ACAP consultants are required to attend training sessions provided by Altera.

About Altera

Altera Corporation, The Programmable Solutions Company®, was founded in 1983 and is a leading supplier of programmable logic devices (PLDs). Altera's CMOS-based PLDs are user-programmable semiconductor chips that enhance flexibility and reduce time-to-market for companies in the communications, computer peripheral, and industrial markets. By using high performance devices, software development tools, and sophisticated intellectual property cores, system-on-a-programmable-chip (SOPC) solutions can be created with embedded processors, memory, and other complex logic together on a single PLD. Altera common stock is traded on The Nasdaq Stock Market under the symbol ALTR. More information on Altera is available on the Internet at http://www.altera.com.

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Editor Contacts:

Bruce Fienberg
Altera Corporation
(408) 544-6866
bfienber@altera.com
Susannah Stanford
PR21
(415) 369-8105
susannah.stanford@pr21.com

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