Cadence Palladium XP Verification System Wins Prestigious ACE Award in China

SHENZHEN, CHINA -- (Marketwire) -- Mar 06, 2013 -- Cadence Design Systems, Inc. (NASDAQ: CDNS), a leader in global electronic design innovation, today announced that it has won the prestigious 2013 EE Times-China ACE Award for the Cadence® Palladium® XP verification computing platform. Engineers and industry analysts selected Palladium XP in the category of best electronic design automation (EDA) product.

EE Times-China presented Cadence with the award during the publication's annual conference on March 1 in Shenzhen. Criteria for the award require that the product offers significant design and technical benefits over prior or competing products; that it provides engineers with new and compelling capabilities or delivers existing features in a new and innovative way; that it creates significant benefits in saving resources; and that it is likely to have a significant impact in mainland China.

"This award from EE Times-China confirms we are on the right track in our approach to tackling the toughest verification challenges in system design," said Christopher Tice, corporate vice president at Cadence. "We developed Palladium XP in response to our customers' input that, due to increasing complexity coupled with huge increases in software content, they need solutions to solve hardware verification and hardware/software verification and integration challenges. We will continue to work proactively with our customers to ensure that we offer them the most advanced tools that they need to succeed."

Cadence Palladium XP is the industry's first high-performance, special-purpose verification computing platform that unifies best-in-class simulation acceleration and emulation capabilities in a single environment. With its hot-swap technology, Palladium XP delivers unparalleled productivity as users can transition among simulation, simulation acceleration, and emulation environments at runtime without re-compilation.

This milestone marks the second straight year that Cadence has won the EE Times-China ACE award for best EDA product. Last year, the award was presented to Cadence for Virtuoso® AMS Designer.

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

Cadence, Palladium, Virtuoso and the Cadence logo are registered trademarks of Cadence Design Systems, Inc. in the United States and other countries. 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.

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