CDNS Cadence Design Systems Inc

Cadence Design Systems, Inc. (NASDAQ: CDNS), a leader in global electronic design innovation, today announced it has been named a finalist for the EE Times and EDN 2012 UBM Electronics ACE Awards in four categories: Company of the Year, Executive of the Year for Cadence President and CEO Lip-Bu Tan, Ultimate Product leadership in software for the Cadence® Virtual System Platform, and Ultimate Product leadership in SoCs for the Cadence Wide I/O Memory Controller Design IP.

The awards program honors the companies, people, and products that are changing the world of electronics. The winners will be announced March 27 during the DESIGN West conference and expo.

"2011 was a year of significant accomplishment for the Cadence team," said Lip-Bu Tan, president and CEO of Cadence. "Not only did we deliver outstanding financial results, but our innovative products and collaboration with industry leaders resulted in greater success for our customers. Working closely with leading ecosystem partners we demonstrated leadership for 20-nanometer and advanced multicore processor design. We are gratified to see our efforts and products recognized by UBM Electronics."

Cadence Ultimate Products Finalists Deliver More Efficiency, Speed Time to Market Designed to enable maximum system-level performance, the Cadence Wide I/O Memory Controller Design IP includes advanced algorithms to ensure highly efficient data transfer and intelligently scheduled transactions. The IP has the capability to reorder traffic by monitoring system transactions and delineating between low-priority and system-critical tasks. These unique capabilities enable the IP to maximize bandwidth and minimize latency on critical transactions. A flexible and configurable design allows rapid customization of the IP for each SoC, reducing risk and time to market.

The Cadence Virtual System Platform simplifies the creation and support of virtual prototypes with automated modeling and faster debugging. Design teams can begin developing software weeks or months before a hardware prototype is available, and software teams can use it as their application development platform. This Cadence innovation further streamlines the development process through an integrated HW/SW debug environment with unique multicore capabilities. It is connected to the RTL verification flow, and it automates and accelerates the creation of new transaction-level models (TLMs).

Product winners will be chosen based on the number of votes from the public and members of the EE Times and EDN editorial staff. To vote for Cadence, please click here.

"The new ACE Awards program, presented for the first time by both EE Times and EDN, provides us with an opportunity to recognize the technologies that have made a difference in the way we work, live and play over the past year. We congratulate the finalists on their innovations and leadership in the electronics industry. Additionally, we look forward to our awards ceremony in March to celebrate the innovation, creativity and contributions of the engineering community," said Junko Yoshida, Editor in Chief, EE Times, UBM Electronics.

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, hardware, IP, 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.

About UBM Electronics UBM Electronics is the global leader in media and marketing solutions for the electronics industry. UBM Electronics delivers results for the key influencers and decision makers involved in the design, development and commercialization of technology through its market market-leading brands, peer communities and professional education services. More than 1.7 million engineering professionals engage with UBM Electronics brands, which include EE Times, EDN, Design News, Test & Measurement World, TechOnline, EBN, Datasheets.com, Designlines, and Embedded.com -- across the globe to accelerate technology sales. The international electronics community gathers at UBM Electronics market market-leading events such as the Embedded Systems Conferences, DesignCon, and ARM Technology Conference to share, learn, discuss, and advance the critical issues and challenges facing the electronics industry. Additionally, UBM Electronics provides end-to-end services ranging from next-generation marketing, integrated media, custom solutions and research. UBM Electronics is part of UBM (UBM.L) a global provider of media and information services for professional B2B communities and markets.

Cadence and the Cadence logo 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 on Cadence please contact: Nancy Szymanski Director, Corporate Public Relations T: 415.420.5008 E: nancy@cadence.com For more information on UBM Electronics please contact: Felicia Hamerman Vice President, Marketing T: 516.562.5652 E: felicia.hamerman@ubm.com