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Cadence Announces Winners of the Collaborations Award for Excellence in Advancing Design Chain Alliances

Posted on: Monday, 20 November 2006, 09:01 CST

Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced the winners of the first annual Collaborations Award for excellence in supporting design chain alliances. The award winners are: ARM, Fujitsu Limited, ARC International, and Taiwan Semiconductor Manufacturing Company (TSMC). Cadence(R) inaugurated the Collaborations Award at the annual Cadence Design Chain Partners Event held on November 1, 2006 in San Jose, California.

The winners were selected from four finalists in each of four categories -- relationship management, whole product support, joint marketing, and sales support. Cadence works closely with more than 200 companies that are members of the Cadence Connections(R), OpenChoice, ASIC, Foundry and Verification Alliance programs. All were eligible for consideration. The aim of the award is to recognize companies' operational excellence in the advancement of design chain collaboration.

ARM (LSE: ARM) (NASDAQ: ARMHY) received the award in the category of relationship management for the CEO and senior executive-level sponsorship of the alliance and dedicated relationship-management staff.

Fujitsu Limited (TSE: 6702) was the winner in the whole product support category and was recognized for their resource commitment and timeliness of support of Cadence products.

ARC International (LSE: ARK) was the award recipient in the joint marketing category for their participation and sponsorship of multiple joint marketing and business development activities in 2006.

TSMC (NYSE: TSM) received the award in the sales support category for having achieved the highest number of customer references.

"Our customers are seeing the benefits of Cadence collaborating with companies in the design chain," said Jan Willis, senior vice president of Industry Alliances at Cadence. "As we continue to invest in and focus on industry alliances, we are delighted to show our appreciation to all of our partners, and we congratulate the winners of the Collaborations Award who have made a significant impact in our customers' success."

About Cadence Design Systems

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 and hardware, methodologies, and services to design and verify advanced semiconductors, consumer electronics, networking and telecommunications equipment, and computer systems. Cadence reported 2005 revenues of approximately $1.3 billion, and has approximately 5,200 employees. 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 Connections are registered trademarks, and the Cadence logo is a trademark of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.

ARM is a registered trademark of ARM Limited. All other brands or product names are the property of their respective holders. "ARM" is used to represent ARM Holdings plc; its operating company ARM Limited; and the regional subsidiaries ARM INC.; ARM KK; ARM Korea Ltd.; ARM Taiwan; ARM France SAS; ARM Consulting (Shanghai) Co. Ltd.; ARM Belgium N.V.; AXYS Design Automation Inc.; AXYS GmbH; ARM Embedded Solutions Pvt. Ltd.; ARM Physical IP, Inc.; and ARM Norway, AS.

 For more information, please contact:  Michael Fournell Cadence Design Systems, Inc. 408-428-5135 fournell@cadence.com

SOURCE: Cadence Design Systems, Inc.

Source: MARKET WIRE

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