Cadence and Moscow Institute of Electronic Technology Conclude Joint Education Project; The Graduate Program Has Become Self-Sustained and Will Continue to Train Russian Engineers in Advanced IC Design
SAN JOSE, Calif. & MOSCOW—(BUSINESS WIRE)—Feb. 28, 2006—
Cadence Design Systems, Inc. (NASDAQ:CDNS) and the
Moscow Institute of Electronic Technology (MIET) today announced the
successful completion of a three-year joint curriculum development
project to provide engineering students with the skills and knowledge
to work for international technology companies in Russia. As a result,
the two-year graduate program is self-sustaining and will continue to
help train some of Russia's best and brightest minds, supporting the
strong emerging marketplace in Russia.
Under the project, Cadence(R) provided design expertise and
training, computer equipment and software, and funding for instructors
and student scholarships. The program offers a master's degree in
analog/mixed signal engineering and includes 24 courses, accompanying
laboratory projects, and practical trainings. So far, 42 students have
graduated and begun working for such companies as Angstrom, Cadence,
Freescale Semiconductor, UNICOR and Unique IC's.
Professor Yuri Chaplygin, MIET rector and corresponding member of
the Russian Academy of Sciences, said: "The cooperation with Cadence
enables MIET -- and Russia as a whole -- to train specialists which
are urgently needed by the electronics industry. Based on this
experience we are planning to cooperate with other universities in
Russia to help them deploying this program."
Spencer Clark, vice president and chief learning officer at
Cadence, added: "The success of this project reinforces our original
intention to enrich educational programs in Russia. Cadence and our
customers have employed highly skilled graduates from the scheme, and
as a further testimony to the project's success, the master's program
is now self-supporting for continued development of talent."
Curriculum of technical courses at MIET are available for
educational use at no charge at the Cadence repository. The address is
http://crete.cadence.com.
Cadence also recently announced that its technologies and VCAD
services were selected by MIET within its IRIS project (Inspire the
Russian Innovation System), to help rebuild the Russian electronics
industry and facilitate local companies' access to the global
industry.
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 and hardware,
methodologies, and services to design and verify advanced
semiconductors, printed-circuit boards and systems used in consumer
electronics, networking and telecommunications equipment, and computer
systems. Cadence reported 2005 revenues of approximately $1.3 billion,
and has approximately 5,000 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.
Moscow Institute of Electronic Technology: Brief Information
Moscow Institute of Electronic Technology (MIET) is Russia's
leading technical university, training most knowledgeable specialists
in electronics, information science, telecommunications and several
specialties in economics and humanities. MIET has created a unique
system, which combines thorough education in physics, mathematics and
the computer science, foreign languages and highly specialized
training at the university chairs and research laboratories and core
enterprises in the industry. For more detailed information about MIET
please visit www.miee.ru.
Cadence and the Cadence logo are registered trademarks of Cadence
Design Systems, Inc. All other trademarks are the property of their
respective owners.
Contact:
Cadence Design Systems, GmbH
Andrea Huse, +49 89 4563 1726
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