Mentor Graphics Corp. Closes Tender Offer for Innoveda

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The tender offer expired at midnight, New York City time, on May 28, 2002. Based on preliminary information from the depository for the offer, Innoveda stockholders had validly tendered and not withdrawn 39,517,200 shares of Innoveda common stock during the tender offer, which represents approximately 94.4 percent of Innoveda's outstanding common stock.

Oosterhout, The Netherlands -- Vitronics Soltec BV has opened a new sales and support office in Shanghai, China, effective April 25, 2002.



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