CDNS Cadence Design Systems Inc

Cadence Design Systems, Inc. (NASDAQ: CDNS), the leader in global electronic design innovation, today announced that LSI Corporation signed a multi-year agreement for key Cadence® mixed-signal technology. After reviewing competitive offerings, LSI chose Cadence technology for its leading mixed-signal methodologies supported by the Virtuoso® custom and analog, and Incisive® verification technology platforms.

"We chose Cadence because of its product portfolio, leading-edge technology, comprehensive methodology and expertise for mixed-signal design," said John Jansen, Director of Foundry Technology of LSI. "Cadence is a leader in mixed-signal IC design solutions, and we are successfully using these on some of our most challenging projects."

Mixed-signal chips are essential for today's complex electronics devices and play a strategically important role in LSI's IC product business. LSI will use Cadence technologies, including the Virtuoso® IC 6.1 suite and Incisive® 9.2 suite, to develop its products for the networking and storage markets.

"LSI is a truly innovative company that understands the importance of selecting the best technology to stay ahead of competitors," said Sandeep Mehndiratta, solutions marketing group director at Cadence. "We look forward to a long-term engagement with LSI as its engineers leverage Cadence technology to create some of the most advanced products on the market."

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

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