Cadence Appoints New Dean of Cadence University; Spencer Clark to Lead Extensive Corporate...

Business Editors/High-Tech Writers

SAN JOSE, Calif.--(BUSINESS WIRE)--April 4, 2001

Cadence Design Systems, Inc. (NYSE:CDN), the world's leading supplier of electronic design products and services, today announced the appointment of Spencer Clark as vice president and dean of

Clark is responsible for professional and corporate employee development education and all other training and development activities at Cadence. He will also lead the effort to align company education and development with the product groups via various colleges. Cadence University is dedicated to strengthening bonds between employees, customers, and Cadence, and enabling communication in an environment of mutual support.

"Creating spectacular career paths for our employees and then educating them to apply those paths go hand-in-hand with corporate success," said Clark. "I look forward to helping take Cadence University to the next level and building a corporate education center for the benefit of our employees, customers, and business partners."

Clark has a diverse background in various industries, including experience with the internationally known General Electric training and education center in Crotonville, N.Y. He was also chief operations officer for RFI Enterprises, president of PRC Engineering Services, Inc. and Poplar Corner Enterprises.

"The Cadence value system includes a significant commitment to developing its people," said Ray Bingham, president and CEO at Cadence. "With Spencer at the helm of Cadence University we will optimize our EDA education program which will lead to enhanced customer loyalty and success."

About Cadence University

Cadence University provides education and development services to employees, customers, and business partners. Its mission is to inspire enhanced individual and organizational performance by providing educational products and services that make a difference in the lives of employees and customers. The current program focuses on general employee and sales development, and will expand to incorporate technology and executive development colleges.

About Cadence

Cadence is the largest supplier of electronic design automation products,

methodology services, and design services 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. With approximately 5,400 employees and 2000 revenues of approximately $1.3 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 may be obtained from the World Wide Web at www.cadence.com.

Note to Editors: Cadence and the Cadence logo are registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.