Cadence Supports 64-Bit Intel Itanium 2-Based Platforms Running Linux; Cadence Continues to Provide Higher Performance to Designers of the Most Complex Chips.

Business Editors/High-Tech Writers

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

Cadence Design Systems, Inc. (NYSE:CDN)(Nasdaq:CDN) today announced it has released key products of the Cadence(R) Encounter(TM) digital IC design platform on Intel(R) Itanium(R) 2-based systems running the 64-bit Linux operating system. Cadence has ported its new generation technology products to Intel Itanium 2-based Linux platforms to offer customers the increased capacity and higher performance critical for designing the largest and most complex system-on-chip (SoC) designs in the industry today. This move is part of the company's strategy to provide customers with the widest range of options and operating systems to meet their design needs.

"We are excited to see the release of Cadence products on Intel Itanium 2-based systems offering the 64-bit computing to meet ever increasing design computing capacity and performance needs," said Guru Bhatia, director of IT engineering computing, Intel Corporation. "Coupled with the Cadence suite of semiconductor design and verification tools, the Itanium 2-based platform provides the technical advantage to design complex silicon products for the EDA engineering community."

Cadence new generation technology, combined with Intel Architecture-based hardware running Linux, delivers significantly better price and performance than conventional or proprietary UNIX platforms for Cadence customers. Cadence currently provides 32-bit-enabled products on Linux for its entire product suite, as well as 64-bit products for all major UNIX operating systems. By providing its customers with a completely interoperable design solution -- through hardware, operating system and design software -- Cadence customers receive significant acceleration of chip design time, leading to improvement in time to market.

"Our customers are consistently designing the largest and fastest chips in the industry. Porting to Intel Itanium 2-based systems is a significant benefit for those customers who need the increased capacity and performance that a 64-bit Itanium 2-based Linux platform can provide. The Intel team helped our engineers achieve this port in record time, and we are pleased with these results and with our continued strong relationship with Intel," said Lavi Lev, executive vice president and general manager of the Cadence Implementation Division.

The Cadence Incisive(TM) functional verification and Virtuoso(R) custom design platforms will also have products available on the Linux-based Intel Itanium 2 processor in 2004.

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 2002 revenues of approximately $1.3 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 and NASDAQ under the symbol CDN. More information about the company, its products and services is available at www.cadence.com.

Cadence, the Cadence logo and Virtuoso are registered trademarks and Encounter and Incisive are trademarks of Cadence Design Systems, Inc.

Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries. All other trademarks are the property of their respective owners.