Cadence Donates UVM World Website to Accellera

SAN JOSE, CA -- (MARKET WIRE) -- Jun 28, 2011 -- Cadence Design Systems, Inc. (NASDAQ: CDNS), a leader in global electronic design innovation, today announced that it has donated the UVM™ World Website ( www.uvmworld.org) to the Accellera standards organization. Accellera, which released the Universal Verification Methodology (UVM) as a standard in February, will operate and fund the site, which Cadence established in May 2010 to serve as an open, definitive location for all UVM-related information.

The UVM was built upon the Open Verification Methodology (OVM) that Cadence was instrumental in developing.

"We have funded and operated UVM World as a vendor-agnostic site to serve the industry as it ramps up its use of this verification methodology," said Thomas L. Anderson, group director, verification product marketing, Silicon Realization Group at Cadence. "With Accellera's release of the UVM standard, it makes sense now to hand the site over to the standards group for the next stage of its evolution."

"Cadence has done a great job building this website, and we appreciate all of the company's work to support the UVM," said Shishpal Rawat, chair of Accellera. "Our organization will ensure that UVM World continues to serve as the robust, one-stop shop for the UVM that it is today."

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.

Cadence and the Cadence logo are registered trademarks of Cadence Design Systems, Inc. in the United States and other countries. UVM is a trademark of Accellera. All other trademarks are the property of their respective owners.

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For more information, please contact:
Dean Solov
Cadence Design Systems, Inc.
408-944-7226

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