MILWAUKEE — (BUSINESS WIRE) — May 8, 2013 — ELECTRICAL WIRE PROCESSING TECHNOLOGY EXPO— Mentor Graphics Corp. (NASDAQ: MENT) today announced availability of the newest tool in the Capital® software suite, Capital Harness™ TVM. This tool automatically generates detailed harness manufacturing process and cost data that is specific to each harness design, each factory and each company’s cost models. Capital Harness TVM is part of the Capital tool suite, a powerful electrical system and wire harness design environment for the automotive, aerospace and defense industries. The new tool adds rapid, accurate harness manufacturing process modeling and cost calculation capabilities to the Capital “Define-Design-Build-Service” flow.

Capital Harness TVM addresses a critical business dynamic for wire harness suppliers: how to respond rapidly to requests for quotation. Rapid responses are needed both to win new business and to accommodate design changes, and are particularly challenging because wire harness manufacturing is typically a low-margin business. Capital Harness TVM provides rapid, highly detailed manufacturing cost data and also supports process choice and sourcing decisions, thus delivering total value management.

Jeremy Tibbett, director of engineering - LEONI Region Americas, commented, “Accurate, fast and repeatable cost calculations are a key to any harness manufacturer’s competitive capability. Capital Harness TVM not only helps harness manufacturers win business profitably, it is also a platform for other activities such as value engineering and process optimization. I am particularly impressed that Mentor Graphics has created a standard product that is, nevertheless, highly flexible and able to protect company IP in this critical area.”

Capital Harness TVM is a native Capital application, able to act directly on design data generated by other Capital tools. But it can also read data in several standard formats, including the emerging KBL standard. Capital Harness TVM can be implemented either as part of an extended Capital flow or stand-alone; data can also be received from the Mentor® mid-market VeSys® product, or from other industry tools.

Nick Smith, business development director of Integrated Electrical Systems Division, Mentor Graphics, said, “It was important to create a very flexible product that appeals both to large, multi-national organizations and to smaller harness suppliers. We expect Capital Harness TVM to deliver substantial business value to many existing and new customers.”

About Mentor Graphics

Mentor Graphics Corporation is a world leader in electronic hardware and software design solutions, providing products, consulting services and award-winning support for the world’s most successful electronic, semiconductor and systems companies. Established in 1981, the company reported revenues in the last fiscal year of about $1,090 million. Corporate headquarters are located at 8005 S.W. Boeckman Road, Wilsonville, Oregon 97070-7777. World Wide Web site: http://www.mentor.com/.

(Mentor Graphics, Mentor, Capital and VeSys are registered trademarks and Harness TVM is a trademark of Mentor Graphics Corporation. All other company or product names are the registered trademarks or trademarks of their respective owners.)

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