Cadence Design Systems, Inc. (NASDAQ: CDNS), a global leader in electronic design innovation, is pleased to announce that the Cadence® Virtuoso® Accelerated Parallel Simulator has won the Elektra Electronics Industry Awards 2010 as the best design tool and development software. The Elektra Awards, established in 2003 and organized by Electronics Weekly and Reed Business Information in Europe, gives the industry an opportunity to recognize the achievements of individuals and companies across Europe.

"The entries in this category were very strong this year, but the judges felt the winner's software tool could make a real impact on design cycles," commented Richard Wilson, editor of Electronics Weekly and chairman of the judges.

The Virtuoso Accelerated Parallel Simulator (APS) addresses the challenges analog, mixed-signal, and RF designers face: accuracy degradation of results, excessive simulation run times and huge learning curve for setup and post processing. APS is part of the Virtuoso Multi-mode simulation platform -- developed to solve the largest and most complex analog and mixed-signal designs across all process nodes, for both pre- and post-layout designs.

"It is an honor to receive this award," said David Desharnais, group director of product management at Cadence. "APS is a key element of Silicon Realization, which was outlined in the EDA360 vision. It enables our customers to boost productivity and provide unmatched performance for verification of very complex analog and mixed-signal IC designs."

More information about Cadence Virtuoso Accelerated Simulator is available at the Cadence website.

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, Virtuos, and the Cadence logo are registered trademarks of Cadence Design Systems, Inc., in the USA and other countries. All other marks and names are the property of their respective owners

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For more information, please contact: Andrea Huse Cadence Design Systems ahuse@cadence.com

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