Cadence Offers Industry’s First Licensable MPEG-H Audio Decoder for Tensilica HiFi DSPs

Cadence Design Systems, Inc. (NASDAQ: CDNS), today announced immediate availability of the next-generation MPEG-H Audio decoder based on Cadence^® Tensilica^® HiFi DSPs. MPEG-H Audio is a future broadcast standard and is expected to be one of the key audio technologies adopted worldwide for new TVs. Through close collaboration with Fraunhofer, one of the developers of the open ISO MPEG-H Audio standard, Cadence is first to market with an implementation for a licensable DSP.

For more information on Cadence’s Tensilica DSP offerings, visit www.cadence.com/go/mpeghdsp.

“The desire to offer a compelling, immersive and personalized listening experience has driven the development of the MPEG-H Audio open standard,” said Harald Popp, head of the Business department in the Audio & Multimedia Division of Fraunhofer IIS. “With the availability of the MPEG-H Audio decoder based on Cadence’s extremely efficient Tensilica HiFi DSPs, customers can soon introduce market-ready next-generation TV sets.” Access to the MPEG-H Audio decoder running on Tensilica HiFi DSPs accelerates time to market for all HiFi customers in the TV market as they prepare to go to field trials with the new broadcast standards. MPEG-H Audio will be the first next-generation audio system to be used for over-the-air TV broadcasting when Korea launches their new ATSC 3.0 transmission standard early next year. To learn more about MPEG-H Audio, visit www.mpeghaa.com.

“Consumer electronics makers in the digital TV market are rapidly responding to consumers’ demands for a more compelling and immersive audio experience,” said Larry Przywara, group director of marketing, HiFi audio/voice IP, Cadence. “Collaborating with Fraunhofer to port the MPEG-H Audio decoder to HiFi DSPs will help customers deploy this technology concurrent with its finalization in various standards, including ATSC 3.0.”

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 its services is available at www.cadence.com.

About Fraunhofer

When it comes to advanced audio technologies for the rapidly evolving media world, Fraunhofer IIS stands alone. For more than 25 years, digital audio technology has been the principal focus of the Audio and Multimedia division. From the creation of mp3 and the co-development of AAC to the future of audio entertainment for broadcast, Fraunhofer IIS brings innovations in sound to reality. Fraunhofer IIS technologies enable more than 8 billion devices worldwide. The audio codec implementations are licensed to more than 1,000 companies.

Fraunhofer IIS is based in Erlangen, Germany, and is an institute of Fraunhofer-Gesellschaft, Europe’s largest applied research organization with over 24,000 employees.

More information is available at www.iis.fraunhofer.de/audio.

This press release contains certain forward-looking statements that are based on our current expectations and involve numerous risks and uncertainties that may cause these forward-looking statements to be inaccurate. Risks that may cause these forward-looking statements to be inaccurate include, among others, the risks detailed from time-to-time in our U.S. Securities and Exchange Commission filings and reports, including, but not limited to, our most recent quarterly report on Form 10-Q and our annual report on Form 10-K. We do not intend to update the information contained in this press release.

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