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For Release: September 27, 2002

Altera Names New Chief of European Division

San Jose, Calif., September 27, 2002—Altera Corporation (NASDAQ: ALTR) announced today that Michel Attias has joined the company as vice president and managing director of Altera Europe. Attias spearheads all sales and marketing functions for Altera's European division, with the objective of growing market share in the region. Based in the company's European headquarters in the United Kingdom, he manages the sales offices in London, Munich, Paris, Turin, Stockholm and Helsinki.

Attias directly reports to George Papa, Altera's senior vice president of global sales, who states, "Michel is taking over as the head of our European region at a very exciting time for Altera. The combination of his experience plus Altera's powerful arsenal of products such as the Stratix devices, the recently announced low-cost Cyclone devices, plus our best-in-class Excalibur ARM® and Nios® embedded processor solutions will enable us to gain market share and win in new sectors."

Attias- industry experience includes 18 years in a variety of senior sales and management positions at Texas Instruments and LSI Logic's European divisions. Most recently, he was vice president of sales at Solid Technology. A native of France, Attias is a graduate in electronic and computer sciences from Ecole Nationale Superieure de l'Aeronautique in France.  

About Altera

Altera Corporation (NASDAQ: ALTR) is the world's pioneer in system-on-a-programmable-chip (SOPC) solutions. Combining programmable logic technology with software tools, intellectual property, and technical services, Altera provides high-value programmable solutions to approximately 14,000 customers worldwide. More information is available at http://www.altera.com.

Safe Harbor
This press release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally preceded by words that imply a future state such as "expected" or that imply that a particular future event or events will occur such as "will". Investors are cautioned that all forward-looking statements in this release involve risks and uncertainty, including without limitation the risk that future performance is dependent on various factors and conditions which may be beyond the control of a party such as rapid market changes, product development schedules, the performance of software and other tools, the company's and third parties' development technology and manufacture capabilities, the acceptance of products and services, a lower-than-anticipated level of purchases of products by customers and increasing competition in the market for the company's products and services. Please refer to the company's Securities and Exchange Commission filings, copies of which are available from the company without charge.

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Altera, The Programmable Solutions Company, the stylized Altera logo, specific device designations and all other words that are identified as trademarks and/or service marks are, unless noted otherwise, the trademarks and service marks of Altera Corporation in the U.S. and other countries. ARM is a registered trademark of ARM Limited. All other product or service names are the property of their respective holder.


Editor Contacts:

Ami Dorrell
Altera Corporation
(408) 544-6397
newsroom@altera.com

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