Cadence Extends Verification Resources With New Plan-to-closure Methodology Qualified Program

Initial 22 Worldwide Partners Address Advanced Verification Planning and Management, Assertion-Based Verification, Reuse, and System-level Development

SAN JOSE, Calif. -- May 09, 2007 -- Cadence Design Systems, Inc. (NASDAQ: CDNS), the leader in global electronic-design innovation, today announced 22 newly certified Incisive® Plan-to-Closure Methodology Verification Alliance Partners. The Plan-to-Closure Methodology-certified partners extend verification resources and expertise for design teams facing verification-resource limitations. Partners are trained and qualified in "high-demand" areas such as SystemVerilog, transaction-level verification, assertion and coverage-driven verification, and system-level verification.

In order to be certified, new members are required to attend Plan-to-Closure Methodology-based training and encouraged to get focused training in one of the four areas including: planning and management, assertions and formal, universal verification reuse, or full-system-level verification. Once members attend the course, they are signed off by a technical sponsor and gain Plan-to-Closure-Methodology certification.

"YOGITECH has been delivering quality verification IP for some time and we trust the Plan-to-Closure Methodology to address IP-integration challenges by helping us deliver high-quality verification IP," said Silvano Motto, CEO, Yogitech. "As an initial Plan-to-Closure-qualified member we look forward to continued improvement in our development process as we develop universal verification components in SystemVerilog and e."

"There's now broad acceptance that one of the keys to addressing verification complexity is a well engineered and executed methodology," said Rob Hurley, CEO, Doulos. "High-capability training that addresses both methodology and language is vital to effective execution. Our commitment to this program will enable customers implementing Plan-to-Closure-based environments get best-fit training."

Members are also encouraged to spend scheduled time contributing and participating in the Plan-to-Closure-Methodology Web community by sharing examples and experiences around verification-IP development and protocol expertise. This Web- based knowledge system allows for partners and users to seek advice, share ideas, and gain access to additional methodology resources to help automate IP adoption and facilitate reuse within system-level project development.

"XtremeEDA's broad experience implementing verification-methodology programs for leading customers made us qualified Plan-to-Closure-Methodology partners," said Claude Cloutier, CEO, XtremeEDA. "We found the approach to be extremely thorough with the ability to add much higher levels of predictability and scalability to plan, measure and react accordingly at the project level."

"Many organizations realize that they are up against serious verification-resource limitations, and need proven step-by-step options for designers," said Steve Glaser, corporate vice president, Marketing, Verification Division at Cadence. "These newly certified partners will add to the Plan-to-Closure-Methodology community, and make adoption and deployment of best practices simpler and much more readily available for our worldwide customers."

For more information on the Plan-to-Closure Methodology-Qualified Verification Alliance program, please visit, http://www.cadence.com/partners/verificationalliance/ipcm_members.aspx.

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. Cadence reported 2006 revenues of approximately $1.5 billion, and has approximately 5,200 employees. 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.