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Cadence Delivers 10 New VIP Solutions to Accelerate Time to Market for Applications Based on Critical New Standards

Addresses leading-edge protocols across mobile, enterprise networking, automotive and consumer applications

SAN JOSE, Calif., Oct. 10, 2016 – Cadence Design Systems, Inc. (NASDAQ: CDNS), today announced the release of 10 new Verification IP (VIP) solutions that allow engineers to quickly verify that designs meet specifications for the latest standard protocols. This extension of Cadence's leading VIP portfolio supports growth in high-bandwidth applications including video on demand, cloud computing, big data and high resolution video used in the automotive, mobile, enterprise networking and consumer industries. Cadence® VIP supports all verification languages and any simulator or methodology. For more information on Cadence's VIP portfolio, visit www.cadence.com/go/10vip.

"By providing the VIP and tools needed for customers to design to the newest Ethernet standards, Cadence helps expand the Ethernet ecosystem, enabling new products from new industries to enter the market," said John D'Ambrosia, chairman of the Ethernet Alliance.

The new VIP solutions are for the following standard protocols:

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.

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