Altera Updates First Quarter Sales Guidance

SAN JOSE, Calif., March 1, 2011 -- Altera Corporation (Nasdaq: ALTR) today announced updated first quarter 2011 sales guidance.

The company currently expects that sales for the first quarter will be in line with its previous guidance for a sequential decline of one to five percent. The company continues to believe that the Industrial Automation, Military & Automotive vertical market will be up sequentially in the first quarter, while sales in the company's other vertical markets will be flat to down.

The company will announce first quarter results after the market close on April 26, 2011.

About Altera

Altera programmable solutions enable system and semiconductor companies to rapidly and cost-effectively innovate, differentiate and win in their markets. Find out more about Altera's FPGA, CPLD and ASIC devices at www.altera.com.