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Cadence Announces Installations of Palladium Verification Systems

Texas Instruments Selects Palladium Via the QuickCycles EX Program to Provide Worldwide Access to High-Performance Verification Technology

SAN JOSE, Calif.--(BUSINESS WIRE)--August 6, 2002-- Cadence Design System's, Inc. (NYSE:CDN - News) Quickturn(TM) group today announced that Texas Instruments Incorporated (TI) has deployed Palladium(TM) design verification systems through the QuickCycles EXtended (EX) Access program.

QuickCycles EX extends the original QuickCycles remote access model by giving customers the choice of either remote access to the latest Cadence®technologies, with equipment installed at a nearby Cadence facility, or on-site access, with equipment installed directly at the customer's facility. The enhanced program also allows customers to add capacity in peak times and reduce capacity between projects.

The Palladium system offers high-performance simulation-acceleration and in-circuit emulation for complex nanometer chips and systems. TI plans to use Palladium on various projects around the world for verification of its digital signal processors (DSPs), wireless, broadband, and Internet audio products and to facilitate the development of its customers' DSP-based systems. The Palladium demonstration at the DSP Developer Conference will show DSP developers how Palladium can be used early in the design cycle to concurrently verify hardware and software of a TI DSP-based design.

"As a 10-year Quickturn customer, we know we can rely on Quickturn to offer us leading verification technologies and services," said Buddy Williams, manager of EDA contracts at TI. "Investing in Palladium via the QuickCycles EX program allows members of our development groups in all corners of the world to benefit from the high performance and productivity of Palladium."

"Working with TI enables Cadence to provide leading-edge verification solutions for semiconductor and systems companies across the spectrum of wireless and networking design markets," said Christopher Tice, Cadence senior vice president and Quickturn general manager. "QuickCycles EX provides valued customers with flexible access to the market's best technology whenever and wherever they need it, coupled with opportunities for unsurpassed efficiency for their design teams."

Product Availability and Pricing

Palladium is available today in configurations up to 16 million gates and 8GB of memory. New Palladium hardware and software configurations, which extend capacity to 128 million gates and 64GB of memory, are scheduled for availability in Q3 2002. The new QuickCycles EX program is available immediately for commitments from three to 36 months with U.S. list prices for base configurations starting at approximately $15,000 to $18,000 per million gates, per month -- depending on configuration and term of commitment. For more information on product pricing and availability, contact Quickturn in North America at 408/914-6000. For pricing and availability outside of North America, visit www.quickturn.com/about/ location.htm for the name of a Quickturn representative in your area.

About Quickturn

Quickturn, a Cadence® company, is the leading provider of high-performance verification solutions and Time-to-Market Engineering (TtME(TM)) services for the design and verification of complex IC and electronic systems. Developers of high-performance networking, wireless, multimedia and computing systems use Quickturn products and services. For more information, visit the Quickturn web site at www.quickturn.com, call 408/914-6000, or send email to info@quickturn.com.

About Cadence

Cadence is the largest supplier of electronic design technologies, methodology services, and design services. Cadence solutions are used to accelerate and manage the design of semiconductors, computer systems, networking and telecommunications equipment, consumer electronics, and a variety of other electronics-based products. IEEE, the world's largest technical professional society, honored Cadence with its 2002 Corporate Innovation Recognition award. With approximately 5,500 employees and 2001 revenues of approximately $1.4 billion, Cadence has sales offices, design centers, and research facilities around the world. The company is headquartered in San Jose, Calif., and traded on the New York Stock Exchange under the symbol CDN. More information about the company, its products and services are available at www.cadence.com.

About the TI Developer Conference

The Texas Instruments Developer Conference is the premier signal processing event of the year, connecting peers and TI engineers for three days of hands-on learning and innovation. This dynamic event brings together industry leaders and visionaries, TI customers, third party developers and educators to provide tool solutions and product roadmaps to the real world signal processing community. Application areas cover today's coolest applications, from audio and broadband, to control, imaging and wireless, through more than 70 hands-on labs, technical tutorials and round-table discussions. The exhibit hall will host over 100 cutting-edge demonstrations from leading vendors. Keynote speakers, including Tom Engibous, TI chairman, president and CEO; and TI Principal Fellow Gene Frantz will be on hand to discuss where the industry is heading. For up-to-date conference information, please go to www.ti.com/sc/rd/devcon8.

Cadence and the Cadence logo are registered trademarks, and Quickturn, Palladium, and TtME are trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.


Contact:
     Cadence Design Systems, Inc.
     Kristin Lietzke, 408/914-6635
     kristin@cadence.com
       or
     Armstrong Kendall, Inc.
     Bill Toelke, 503/672-4692
     bill@akipr.com

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