CDNS Cadence Design Systems Inc

Cadence Design Systems, Inc. (NASDAQ: CDNS), the leader in global electronic design innovation, today announced that the Cadence� Incisive� Palladium� Dynamic Power Analysis product was recognized with an EDN Innovation Award honoring outstanding engineering professionals and products. Palladium Dynamic Power Analysis won in the "Design Analysis" category.

The Cadence C-to-Silicon Compiler was a finalist in the "Design Creation and IP" category.

"This award is a welcome acknowledgement of the great work Cadence engineers do day in and day out to help keep the global electronics industry moving forward," said Nimish Modi, senior vice president of research and development for the Front-End Group at Cadence. "Palladium DPA is an example of the innovative products we consistently deliver to provide differentiated, value-add solutions for our customers. We are grateful to EDN's readers and its editorial staff and Editorial Advisory Board for recognizing the value this powerhouse product brings to the market."

Palladium Dynamic Power Analysis uniquely enables engineers using Palladium III for emulation to also analyze software in a system-level environment. The solution's ability to run various design or implementation scenarios -- and determine their impact on power dissipation under a realistic application environment -- is vital to striking a balance between power budget and expected performance.

About The EDN Innovation Awards

Award winners were selected among the finalists by EDN's worldwide audience of electronics engineers and engineering managers. EDN's editorial staff and Editorial Advisory Board also take part in determining the final winners. Instituted in 1990, the Innovation Awards honor the people, products and technologies that have shaped the semiconductor industry over the past year. Nominees for the Innovator of the Year category must have demonstrated innovation that resulted in a significant advance in technology and/or product development during the past 12 months.

About Cadence

Cadence enables global electronic design innovation and plays an essential role in the creation of today's integrated circuits and electronics. Customers use Cadence software and hardware, methodologies, and services to design and verify advanced semiconductors, consumer electronics, networking and telecommunications equipment, and computer systems. The company is headquartered in San Jose, Calif., with sales offices, design centers, and research facilities around the world to serve the global electronics industry. More information about the company, its products, and services is available at www.cadence.com.

Cadence, Incisive and Palladium are registered trademarks and the Cadence logo is a trademark of Cadence Design Systems, Inc. in the United States and other countries. All other trademarks are the property of their respective owners.

For more information, please contact: Dean Solov Cadence Design Systems, Inc. 408-944-7226 dsolov@cadence.com