NEC, ARC, Denali, TSMC Receives Collaboration Awards from Cadence

Cadence Design Systems, Inc. (NASDAQ: CDNS) has announced the winners of the second annual Collaboration Awards for excellence in driving design chain success. The award winners are NEC Electronics Corp., ARC International, Denali Software and Taiwan Semiconductor Manufacturing Company (TSMC). Cadence® announced the Collaboration Award winners at the annual Cadence Design Chain Partners Event, held Oct. 23 in San Jose, Calif.

The winners in each of the four categories—whole product support, joint marketing, sales support and relationship management—were selected from a list of finalists. More than 200 companies that are members of the Cadence Connections®, OpenChoice, ASIC, Foundry and Verification Alliance programs were eligible for consideration. The awards recognize each company’s operational excellence in the advancement of design chain collaboration.

At the event, Ed Wan, senior director of Design Technology Support and Marketing at TSMC North America, presented keynote remarks titled, “Zero Degrees of Separation,” which focused on the need to minimize the separation of ecosystems and embrace collaboration. Attendees also participated in a panel discussion titled, “45 Nanometers—Collaboration for Success,” with panel members from Applied Materials, Cadence, Freescale and IBM.

NEC Electronics Corp. (TSE: 6723) won the award in the category of whole product support for its contribution as a founding member of the Power Forward Initiative. NEC has contributed greatly to the initiative, in both technical and marketing activities including submitting almost 400 enhancements to the CPF specification, significantly speeding its maturation.

ARC International (LSE: ARK) won in the category of joint marketing. ARC and Cadence have jointly sponsoring more than 20 marketing and business development activities in 2007.

Denali Software won in the category of sales support. Throughout this past year, Denali worked closely with Cadence to develop business opportunities and generated the largest number of high-quality joint-sales engagement opportunities.

TSMC (NYSE: TSM) won in the category of relationship management. TSMC and Cadence have been working together very closely for almost a decade. As a valuable partner in the design chain, TSMC has dedicated resources to managing and fostering the relationship.

“Our customers greatly appreciate the benefits they receive from collaborations between Cadence and our partners along the design chain,” said Kevin Bushby, executive vice president, Worldwide Field Operations at Cadence. “The Collaboration Award is Cadence’s way of showing our partners that we, too, appreciate their working with us to address today’s biggest design challenges. We congratulate the winners of this year’s Collaboration Award for all their work on behalf of customer success.”

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 2006 revenues of approximately $1.5 billion, and has approximately 5,300 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.

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