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For Release: March 7 , 2001

Misha Burich To Lead Altera's Software Engineering Division

San Jose, Calif., March 7, 2001--Altera Corporation (Nasdaq: ALTR), a leading programmable logic device (PLD) supplier, announced that Dr. Misha Burich has joined the company as senior vice president of software engineering, reporting to Denis Berlan, executive vice president and chief operating officer. Burich will be responsible for all aspects of software engineering including internal development and the company's relationships with third party software developers. Burich will also define the vision and strategic direction of Altera's system-on-a-programmable-chip (SOPC) software products and will oversee a staff of more than 250 engineers located around the globe.

"Misha will be instrumental in leading the company towards continued growth and innovation," said Denis Berlan, Altera executive vice president and chief operation officer. "Altera's SOPC software is a key element to the delivery of complete leading-edge solutions to our customers, whose demands for flexibility and faster time-to-market are increasing. Misha's deep industry expertise will be of tremendous value and we are thrilled to have him join Altera's senior executive team."

Mr. Burich brings more than 20 years of experience to Altera. He has served in a variety of senior R&D and general management positions at EDA companies, including Cadence Design Systems, Inc., Mentor Graphics, and SCS. Burich began his career at Bell Labs Research and later founded Silicon Design Labs, Instinct Corporation and BroadWord Communications. Burich holds MS and PhD degrees in electrical engineering from the University of Minnesota and graduated from the University of Belgrade with an electrical engineering degree.

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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