Cadence Appoints Chip Industry Executive as Vice President and General Manager for Europe; Guillaume d'Eyssautier Takes Charge of EDA Leader's Largest Market Outside North America.

Business Editors/High-Tech Writers

BRACKNELL, England--(BUSINESS WIRE)--July 31, 2002

Cadence Design Systems, Inc. (NYSE:CDN), the world's leading provider of electronic design products and services, today announced the appointment of Guillaume d'Eyssautier as Vice President and General Manager for its European operations. d'Eyssautier was formerly Vice President for Europe, the Middle East and Africa at IBM Technology Group, which develops, manufactures and markets microelectronics and hard disk technologies.

"We are delighted to have an executive of Guillaume's stature join Cadence," said Ray Bingham, president and CEO of Cadence Design Systems. "Guillaume will lead our European operations, taking us to new levels of growth as part of our overall long-term strategy. His role will be pivotal in selling better integrated technologies internationally so that we can provide our customers with complete nanometer-design solutions, generate top-line growth, and develop and expand our valuable customer relationships."

The appointment is a key element of Cadence's global strategy to enhance its regional leadership. Europe is already Cadence's strongest market outside North America, accounting for some 22 percent of the company's worldwide revenues in 2001. d'Eyssautier will report to Kevin Bushby, Executive Vice President of Worldwide Field Operations, who was formerly Vice President and General Manager for Europe.

d'Eyssautier will focus on building deeper relationships with customers in Europe while broadening the appeal of the company's nanometer-design products and services to electronics businesses of all sizes. One of the European semiconductor field's most experienced senior executives, he has held both senior executive and technical positions during his 20-plus-year career in key roles at leading companies prior to his tenure at IBM, including Rockwell Semiconductor Systems, GEC Plessey, Matra Harris Semi-Conductors and Philips Semiconductors.

d'Eyssautier has a Masters Degree in Electronics and Computer Science from ISEP Engineering School in Paris, France and an MBA from INSEAD, in Fontainebleau, France, where he majored in Industrial Marketing and Corporate Finance. He is married and has five children.

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. IEEE, the world's largest technical professional society, honored Cadence with its 2002 Corporate Innovation Recognition award. With approximately 5,500 employees and 2001 revenues of approximately $1.4 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 are available at www.cadence.com.

Note to Editors: Cadence and the Cadence logo are registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.