Fundraiser Brings in Over $1 Million for New Autism Facility in Silicon Valley

SAN JOSE, CA, May 17 (MARKET WIRE) --
Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced that $1.045
million was raised at its annual Stars & Strikes(R) fundraising event and
bowling tournament, enabling May Institute to establish a pediatric specialty
center to serve children with autism and their families. May Institute, a
nationally recognized nonprofit organization that serves children and adults
with
autism and other developmental disabilities, will work closely with the Silicon
Valley Children's Hospital Foundation to develop the center, which will focus on
diagnosing and treating autism and other serious developmental disabilities. The
specialty center is expected to open by the end of the year on the campus of
Good
Samaritan Hospital.

The number of children diagnosed with autism has been rising steadily. As
many as one in 150 children have an autism spectrum disorder. Effective
treatments
are available, but early diagnosis and intervention services are considered
key to a child's long-term success.

"The importance of early intervention and treatment for children with
thesetypes of disabilities cannot be overstated," said May Institute President
and CEO
Walter P. Christian, Ph.D., ABPP. "This facility will make a significant
difference in the lives of these children and families. May Institute is
grateful to the corporate sponsors, organizations, and individuals who have
contributed so generously to this event in support of our new center."

The 2008 Stars & Strikes fundraising effort was capped off today with the
annual bowling tournament, featuring members of the San Francisco 49ers
football team and local business and civic leaders, including San Jose Mayor
Chuck Reed. The Stars & Strikes bowling tournament has now raised a total
of more than $11 million since its inception in 1990.

In the weeks leading up to the bowling tournament, Cadence raised over
$75,000
through a series of employee-driven fundraising activities, including a talent
show
and a variety of athletic tournaments. Cadence also underwrote all event
expenses.

More than 200 bowlers -- including partners and competitors of Cadence --
pledged money to team up with 49ers football players and compete for bowling
tournament trophies. The tournament was followed by live and silent auctions of
donated items, such as autographed sports memorabilia, vacation getaways and
consumer electronics items. The tournament was held at "300 Bowling" in San
Jose, which donated its facility for the day's events.

In addition to May Institute, the San Francisco 49ers Foundation -- a
longtime collaborator with Cadence on Stars & Strikes -- will receive
fundsfrom the Stars & Strikes event. The 49ers Foundation provides resources
formany outstanding nonprofit organizations in the San Francisco Bay area.

"Once again, the local business community and Cadence employees have come
through in a big way," said Cadence CEO Mike Fister. "I think all of us
involved have welcomed this opportunity to make a real difference in the
lives of the children and families who need and deserve our support. Hats off
to everyone who helped make this possible."

"An event like this helps remind us how special our community is," said
SanJose Mayor Chuck Reed. "In the spirit of innovation that is synonymous
withSilicon Valley, Cadence and its business partners responded to the urgent
need
for diagnostic and treatment services for autism, and helped raise the needed
funds for a pediatric specialty center. I look forward to the ceremony when
the new center opens."

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, consumer electronics, networking and telecommunications
equipment, and computer systems. Cadence reported 2007 revenues of approximately
$1.6 billion, and has approximately 5,100 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.

About May Institute

May Institute is a nonprofit organization that provides educational,
rehabilitative,
and behavioral healthcare services to individuals with autism and other
developmental disabilities, brain injury, mental illness, and other behavioral
healthcare needs.

Since its founding over 50 years ago, May Institute has evolved into an
award-winning national network that serves over 25,000 individuals and their
families annually. With corporate headquarters in Randolph, Massachusetts, the
Institute has more than 200 service locations in the Northeast, Mid-Atlantic,
Southeast, Midwest, and on the West Coast. The Institute operates several
nonpublic schools for children with autism and other developmental
disabilities, including The Bay School in Santa Cruz, which is dedicated to
providing education and intervention services to students, birth and age 21,
and their families.

For more information about May Institute, go to www.mayinstitute.org

Cadence, is a registered trademark, and the Cadence logo is a trademark of
Cadence Design Systems, Inc. in the United States and other countries. All
other trademarks are the property of their respective owners.

For more information, please contact:
Nancy Szymanski
Cadence Design Systems, Inc.
415-420-5008
nancy@Cadence.com

Copyright 2008, Market Wire, All rights reserved.

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