Cadence and HP Bring 1999 Design Automation Conference to Engineers Via DAOnline; Webcast Sessions to be Broadcast Live From New Orleans.

SAN JOSE, Calif.--(BUSINESS WIRE)--June 17, 1999--

Cadence Design Systems, Inc. (NYSE:CDN) and Hewlett-Packard Company today announced that they are co-sponsoring DAOnline, a series of live Webcasts that will carry portions of materials being presented at the 1999 Design Automation Conference to engineers who are unable to attend the show in person.

Hour-long, interactive Web sessions, live from New Orleans, will be held at various times from June 21 to 23 to inform participants about the latest in Cadence electronic-design technology.

"DAOnline, the first-ever, interactive Web-event broadcast live from DAC, is the next best thing to being there," said Rich Wyckoff, vice president of corporate marketing at Cadence. "A lot of important information is given at the show, including new product introductions. This is an opportunity for engineers not attending DAC to get show highlights in an easy, timely manner."

"DAOnline demonstrates the continuing growth of e-services to bring high-value technical content to a broad distribution of customers," said Roger Jollis, market development manager for HP's Workstation Systems Division. "As companies look at maximizing their engineering design productivity, this event demonstrates the power of the Web to meet those needs."

Participants wishing to attend DAOnline are asked to visit a special Web site, then are guided through a slide presentation by a live presenter at the show. Participants can hear the presentation either through streaming audio or via teleconference. Following each presentation, participants may ask questions and receive answers from the presenter. A drawing for an HP digital camera will be held at the end of each session.

To register for DAOnline, attendees should visit http://dac.cadence.com and click on the Cadence DAOnline icon. The DAOnline Web site features complete descriptions and scheduling information to help participants decide what sessions to attend. Registration for DAOnline is ongoing, however, space is limited for all sessions.

Each session features tools and methodologies being showcased at DAC, including the following: -0-

--   managing deep submicron implementation;
--   synthesis with integrated sign-off static timing analysis;
--   the Cadence custom analog/mixed-signal design flow;
--   system design and hardware/software co-verification;
--   Affirma(TM) mixed signal/mixed-level verification;
--   smart verification using the new Cadence Verification Cockpit;
--   board-level and chip-packaging design;
--   Cadence/Quickturn design verification flow; and
--   physical verification solutions.

About HP

Hewlett-Packard Company -- a leading global provider of computing and imaging solutions and services for business and home -- is focused on capitalizing on the opportunities of the Internet and the proliferation of electronic services.

HP had computer-related revenue of $39.5 billion in its 1998 fiscal year. HP plans to launch a new company consisting of its industry-leading test-and-measurement, semiconductor products, chemical-analysis and medical businesses. These businesses represented $7.6 billion of HP's total revenue in fiscal 1998. With leading positions in multiple market segments, this technology-based company will focus on opportunities such as communications and life sciences.

HP has 123,000 employees worldwide and had total revenue of $47.1 billion in its 1998 fiscal year. Information about HP, its products and the company's Year 2000 program can be found on the World Wide Web at http://www.hp.com.

About Cadence

Cadence is the largest supplier of software products, methodology services, and design services 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 more than 4,000 employees and 1998 annual sales of $1.2 billion, Cadence has sales offices, design centers, and research facilities around the world.

The Company is headquartered in San Jose, and traded on the New York Stock Exchange under the symbol CDN. More information about the company, its products and services may be obtained from the World Wide Web at http://www.cadence.com.

Note to Editors: Cadence and the Cadence logo are registered trademarks and Affirma is a trademark of Cadence Designs Systems, Inc. All others are properties of their respective holders.