Cadence Virtuoso ADE Product Suite Named Product of the Year by Electronic Products Magazine

SAN JOSE, Calif., Jan. 24, 2017 – Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced that its next-generation Virtuoso^® Analog Design Environment (ADE) product suite has won a Product of the Year award from Electronic Products magazine. This year marks Electronic Products' 41st annual Product of the Year awards, recognizing the best products in the industry. For more information on the Cadence^® Virtuoso ADE product suite, visit www.cadence.com/go/virtuosoade.

Electronic Products, which is owned by the media group AspenCore, undertook a rigorous vetting process of products launched in 2016. The Electronic Products article featuring the 2016 winners states, "From thousands of products, the editors of Electronic Products have chosen those they feel are among the most outstanding. As always, the selection is based on a significant advance in technology or its application, innovation in design or gain in price/performance."

The next-generation Virtuoso ADE product suite enables engineers to fully explore, analyze and verify designs, ensuring that design quality is fully optimized within compressed design cycles. The suite offers performance, usability and electrical verification advancements with up to 20X improvement in loading large waveform databases. The interactive, real-time tuning capabilities help engineers hit their specification targets faster and more easily. Enhanced variation analysis tools make light work of detecting and fixing yield problems in advanced-node designs.

"The Virtuoso ADE product suite addresses the challenges that come with the emergence of new industry standards, advanced-node designs and the requirements for system design," said Wilbur Luo, vice president, product management, Custom IC & PCB Group at Cadence. "Our next-generation suite provides customers with unparalleled performance and ease-of-use features that set the new standard for quality custom design, analysis and verification. The Product of the Year award recognition further demonstrates our ability to deliver innovative solutions that support our System Design Enablement (SDE) strategy, which enables system and semiconductor companies to create complete, differentiated end products more efficiently."

The 2016 Product of the Year Awards were announced in the January 2017 issue of Electronic Products with a cover feature and a brief description of each product. The winning products appear on the Electronic Products website at http://www.electronicproducts.com/ProductYear.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, 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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