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Cadence Named a Winner of the Prestigious UBM Electronics ACE Awards in the Software Ultimate Products Category
SAN JOSE, Calif., 02 Apr 2012

Cadence Design Systems, Inc. (NASDAQ: CDNS), a leader in global electronic design innovation, today announced the Cadence Virtual System Platform has been named a winner in the EE Times and EDN 2012 UBM Electronics ACE Awards in the Software Ultimate Products category. The awards program honors the people and companies behind the technologies and products that are changing the world of electronics.

The winners were announced at an awards ceremony on Tuesday, March 27 at The Fairmont San Jose, during DESIGN West, a new UBM Electronics conference and expo building on the rich foundation of training, education and products available at ESC, combined with popular summits and new event launches in one venue for the first time.

“The growing importance of software and continuing end device sophistication, driven by mobility, video and cloud applications, make it difficult for customers to deliver new products within tight market windows,” said Nimish Modi, senior vice president, System and Software Realization Group, Cadence. “It was with this challenge in mind that we developed the Cadence Virtual System Platform. It allows customers to create a virtual prototype of a new device months before actual silicon is available, enabling them to start software development much earlier in the development cycle, and get end products to market six to nine months earlier.”

Part of the Cadence System Development Suite, the Virtual System Platform enables pre-RTL software design, verification, and system analysis before committing to hardware design. It automates the process of creating a virtual prototype, debugging software, and deploying the virtual prototype to the software team—allowing software development to begin months earlier and preventing schedule slips in prototype delivery. The Virtual System Platform also enables transaction-level model (TLM)-aware hardware/software debugging with complete visibility and controllability, and supports mixed TLM/RTL simulation with the Incisive Verification Platform, as well as co-verification with the Palladium XP Verification Computing Platform.

“It was a challenge for our judges to select one winner in each category from all of the creative and innovative technologies represented by the finalists,” said Junko Yoshida, Editor in Chief, EE Times, UBM Electronics. “The winners have proven that they are pioneers in developing and implementing breakthroughs in electronics. We hope this awards program gives companies worldwide the impetus to stretch their imaginations and their resources for even more progress in the coming year.”

A panel of EE Times editors narrowed down the entries to five finalists in each category, based on the criteria set forth in an online submission form. Winners are determined from among the finalists by a panel of independent judges, including Robin B. Gray, Jr., Electronic Components Industry Association; Gordon Bell, Senior Researcher, Microsoft Research; Jeff Bier, President, Berkeley Design Technology, Inc. (BDTI), Founder, Embedded Vision Alliance; Larry Boucher, President and CEO, Alacritech; William Dally, Chairman, Computer Science Dept., Stanford University; Erach Desai, Consultant, DESAIsive; John East, President and CEO, Actel Corporation; Gene A. Frantz, Principal Fellow, Texas Instruments, Inc.; Lucio Lanza, Managing Director, Lanzatech Ventures; John Mashey, Consultant, Techviser; Dennis Monticelli, Chief Technologist and Fellow, National Semiconductor; Martin Reynolds, Dataquest; George M. Scalise, President, Semiconductor Industry Association; Naveed Sherwani, President & CEO, Open Silicon; and Nick Tredennick, Editor, Gilder Technology Report. Judging took place from November 1, 2011-January 6, 2012.

For more information on the awards program visit ubm-ace.com.

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 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 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.

For more information, please contact:
Cadence Design Systems, Inc.
Bob Nelson
Worldwide Communications and Global Marketing Programs
408.201.2402
nelson@cadence.com

UBM Electronics
Felicia Hamerman
Vice President, Marketing
516.562.5652
felicia.hamerman@ubm.com