Cadence Design Systems, Inc. (NASDAQ: CDNS)

WHO: Cadence Design Systems, Inc. (NASDAQ: CDNS)

WHAT: Cadence Design Systems will host the Cadence 2011 Investor and Analyst Conference. Cadence executives will discuss the company's strategy, operations and financials and host a question and answer session with analysts and investors. Interested parties may participate in the webcast event, hosted by Lip-Bu Tan, president and chief executive officer; Geoff Ribar, senior vice president and chief financial officer, and other members of the Cadence executive team.

WHEN: The event will be available via on-demand webcast at 10 a.m. ET on Wednesday, Feb. 23, 2011. The presentation will be archived on the Cadence website and available for replay through 8 p.m. ET on Wednesday, March 23, 2011.

WHERE: The webcast will be available online at: http://www.cadence.com/cadence/investor_relations/Pages/default.aspx

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For more information, please contact: Therese Papenfuss Investor Relations Cadence Design Systems, Inc. 408-944-7100 investor_relations@cadence.com

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