11th Cadence ''Stars & Strikes'' Raises $944,500; Children's Discovery Museum of San Jose, San Francisco 49ers Foundation to Benefit.

Business Editors/High-Tech Writers

SAN JOSE, Calif.--(BUSINESS WIRE)--April 19, 2004

Cadence Design Systems, Inc. (NYSE:CDN) today announced that $944,500 was raised at its Stars & Strikes(R) bowling fund-raiser Saturday with The Children's Discovery Museum of San Jose and the San Francisco 49ers Foundation earmarked as major beneficiaries.

The fund-raiser surpassed its goal of $500,000, bringing the total amount raised since the event's inception in 1990 to more than $5.6 million. Proceeds will be used to complete the construction of an 8,600 square-foot outdoor learning laboratory at the celebrated children's museum, and to support the community outreach efforts of the San Francisco 49ers Foundation.

More than 200 Silicon Valley organizations supported this year's Stars & Strikes program, which matched employees from supporting companies with members of the San Francisco 49ers in a bowling competition. Entirely underwritten and organized by Cadence, the event also included a silent auction of donated items, such as autographed sports memorabilia, vacation getaways and consumer electronics items.

"And along came not a spider, but a web -- a web of supporters through Cadence Stars & Strikes," said Children's Discovery Museum Executive Director Connie Martinez. "For more than a decade, Cadence Design Systems has used its 'web of relationships' to raise money for worthy community projects and programs. This year, the Children's Discovery Museum is the very, very fortunate non-profit to benefit from the Stars & Strikes fund-raiser."

"I am continually impressed that so many Silicon Valley companies join us year after year to support Cadence's Stars & Strikes program and its beneficiaries," said Cadence President and CEO Ray Bingham. "I am proud that this year's event was such a success and that once again we exceeded our fund-raising goals. The programs that the Children's Discovery Museum of San Jose and the 49ers Foundation provide are critical to our community and it is important that we do what we can to support them. We are indebted to the 49ers Foundation for its support of today's event."

"The Children's Discovery Museum of San Jose and the programming it provides are an important part of our Bay Area community," said Tom Bowen, executive director of the 49ers Foundation. "The San Francisco 49ers and the 49ers Foundation are proud to have partnered with Cadence for this year's Stars & Strikes fund-raiser and to have contributed to its success."

Stars & Strikes is one of the largest community events of its kind in Silicon Valley. Since 1990, Cadence's partners in business have come together as partners in the community raising more than $5.6 million, most of which has been used to fund major programs and projects that provide significant benefits to local non-profit organizations and charities that serve those in need.

About the Children's Discovery Museum of San Jose

The Children's Discovery Museum of San Jose provides children, families and schools with a center for learning and discovery. It offers interactive exhibits and programs in a warm and inviting setting. Its educational mission encompasses the themes of Connections, Community, and Creativity. The Museum's programs encourage children to define their role in and contribution to both local and global communities. As a center for creative play and expression, the Museum provides opportunities for all of us to discover the world through the eyes of our children.

About the 49ers Foundation

Established in 1991, the 49ers Foundation is dedicated to enhancing the educational, social and cultural needs of our community. The foundation offers unique resources and financial support to non-profit organizations working to enrich and strengthen communities throughout the greater San Francisco Bay Area.

About Cadence

Cadence is the largest supplier of electronic design technologies, methodology services, and design services. Cadence solutions are used to accelerate and manage the design of semiconductors, computer systems, networking and telecommunications equipment, consumer electronics, and a variety of other electronics based products. With approximately 4,800 employees and 2003 revenues of approximately $1.1 billion, Cadence has sales offices, design centers, and research facilities around the world. The company is headquartered in San Jose, Calif., and traded on the New York Stock Exchange under the symbol CDN. More information about the company, its products and services is available at www.cadence.com.

Cadence, the Cadence logo and Stars & Strikes are registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.