The Chairman and Chief Executive Officer of Mentor Graphics Corporation (MENT) Explains How His Company Has a 36% Year-to-Date Return in this 2013 Top Fifteen Interview with Walden C. Rhines

Wall Street Transcript

67 WALL STREET, New York - December 16, 2013 - The Wall Street Transcript has just published its Top 15 CEO Interviews of 2013 Report. This special feature contains expert industry commentary through in-depth interviews with highly successful public company CEOs. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Top 15 CEO Interviews of 2013

Companies include: Mentor Graphics Corp. (MENT)

In the following excerpt from the Top 15 CEO Interviews of 2013 Report, the CEO of Mentor Graphics discusses the outlook for his company for investors:

TWST: Can you begin with a brief introduction to Mentor Graphics, including some highlights from the company's history and an overview of your current operations and product offerings?

Dr. Rhines: Mentor Graphics was founded in 1981. It's the oldest of what I refer to today as electronic design automation companies, and it was founded on the basic principle that to design complex electronics requires complex software, so that the complexity of the task can be reduced to something that humans can easily interact with and design, verify and deploy electronic systems.

It's had its history primarily in the design of chips, silicon integrated circuits for the majority of its revenue and even today, about 70% of the revenue is, in fact, for design software for integrated circuits, but a very rapidly growing and emerging area of electronic design automation or EDA is coming from people doing system designs, cars, planes, trains or more complex systems than simply integrated circuits.

TWST: Who are your customers, and how do they use your products?

Dr. Rhines: Mentor's customers are anyone who designs electronics. Whether they design chips, printed circuit boards or electronic systems, they probably have a need for some of our products. We have tens of thousands of customers today, and they tend to be cumulative; that is, the base continues to grow itself - once you start using them, you use more over time. Mentor got an early start that actually was with system companies, particularly military and aerospace, and then it grew into design of chips with the semiconductor industry. So today every major manufacturer or every designer of integrated circuits uses at least some of Mentor's products...

For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

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