Cadence Encounter Platform Supports Virage Logic Structured-ASIC Design Libraries.

Business Editors/High-Tech Writers

SAN JOSE, Calif.--(BUSINESS WIRE)--June 1, 2004

Cadence Design Systems, Inc. (NYSE:CDN) and Virage Logic Corporation (Nasdaq:VIRL) today announced support for both Area, Speed and Power (ASAP) Logic(TM) structured-ASIC Metal Programmable and Standard Cell Libraries within the industry-leading Cadence(R) Encounter(TM) digital IC design platform. This leverages the production-proven capabilities of SoC Encounter's IC implementation in the structured array, as well as standard cell markets. Further, it enables mutual customers to make trade-offs between density, cost and performance according to their requirements. This capability is deployed with SoC Encounter 3.3, in production now.

"Cadence support of Virage Logic's structured-ASIC libraries provides a real advantage to customers," said Lavi Lev, Cadence executive vice president and general manager. "It expands our industry-leading support in this critical emerging marketplace from traditional ASIC vendors to COT customers, who now can enjoy the benefits of the structured-ASIC approach within the integrated RTL-to-GDSII design environment of SoC-Encounter."

"We are excited to announce mutual support for our ASAP Logic Metal Programmable Cell Libraries within the SoC Encounter platform," said Adam Kablanian, president and chief executive officer of Virage Logic. "The large installed base of SoC Encounter users now has the flexibility of mixing and matching our metal programmable and standard cell libraries on the same design to achieve maximum savings in overall chip costs."

About Virage Logic ASAP Logic Products

ASAP Logic products contain application-optimized libraries targeted to unique market requirements and are based on Virage Logic's proprietary and patented routing methodology and cell architecture. ASAP Logic Metal Programmable Cell Libraries are used in System-on-Chip (SoC) designs to economically enable functional reprogrammability by changing only a few metal and via masks. ASAP Logic Standard Cell Libraries are optimized for area, speed, and power and provide up to a 30 percent increase in utilization when compared to conventional standard cell libraries.

About Virage Logic

Virage Logic Corporation (Nasdaq:VIRL) is a leading provider of best-in-class semiconductor IP platforms based on memory, logic, and I/Os that are silicon-proven and production ready. Virage Logic meets market demands for cost reduction, while improving performance and reliability for fabless and integrated device manufacturer (IDM) companies focused on the consumer, communications and networking, handheld and portable, and computer and graphics markets. Virage Logic is headquartered in Fremont, California and has sales, support and engineering offices worldwide. For more information, visit www.viragelogic.com or call 877-360-6690 toll free or 510-360-8000.

About Cadence

Cadence is the largest supplier of electronic design technologies and engineering 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 and the Cadence logo are registered trademarks and Encounter, SoC Encounter and NanoRoute are trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.